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AMPIN Signs PPA with SECI for 199 MW FDRE Project with ~800 MWh BESS

AMPIN Energy Transition has signed a Power Purchase Agreement with Solar Energy Corporation of India for a 199 MW Firm and Dispatchable Renewable Energy project backed by an ~800 MWh Battery Energy Storage System, expected to generate 300 million units of clean electricity annually.

July 15, 2026. By Mrinmoy Dey

AMPIN Energy Transition has announced that the company has signed the Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) to supply 199 MW of Firm and Dispatchable Renewable Energy (FDRE).

The project is AMPIN Energy Transition's first FDRE asset and combines renewable energy generation with battery energy storage to deliver firm and dispatchable clean power under a long-term contractual framework. AMPIN will pair the contracted 199 MW solar capacity with around 800 MWh battery energy storage system (BESS), stated the company.

It further added that by integrating battery energy storage with renewable generation, the project will enable reliable electricity supply during non-solar hours, helping improve grid stability while addressing the evolving demand for round-the-clock clean energy in India's power sector.

The project is expected to generate around 300 million units of renewable energy annually and offset more than 270,000 tonnes of carbon emissions each year.

The company secured the capacity in SECI’s auction for the assured peak supply of 4,800 MWh (1,200 MW x 4 hours) of FDRE from ISTS-connected RE projects with co-located energy storage systems (ESS). The tender was floated in October 2025 and the auction was held in February 2026.

AMPIN Energy Utility Nine, an SPV of AMPIN Energy Transition, won 199 MW at a tariff of INR 6.28/kWh.

With this win, AMPIN’s utility-scale renewable energy portfolio has reached 3.5 GWp, along with 2.5 GWh of storage capacity, backed by diversified, highly rated offtakers, the company stated earlier.

As per the tender specification, the bid requires the supply of 4 MWh per MW of contracted capacity for any four hours each day, only during the non-solar hours, while ensuring availability of 70 percent on a monthly and 85 percent on an annual basis.

The developers are allowed to procure up to 5 percent of annual renewable energy from green markets or bilateral arrangements to meet the obligation.

The developers are required to install and maintain GPS-enabled Automatic Weather Stations (AWS), with data availability ensured for Load Dispatch Centres as per Indian Electricity Grid Code requirements. Cybersecurity compliance is mandatory in line with central government directives.

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