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ENGIE India and PTC India Sign MoU for Renewable Offtake and Development of BESS

ENGIE India and PTC India have signed a new MoU to expand their renewable energy partnership, focusing on market-based offtake models, battery storage development, and knowledge sharing, building on their recent 100 MW solar PPA.

February 05, 2026. By Mrinmoy Dey

ENGIE India and PTC India have signed a new Memorandum of Understanding to deepen their strategic collaboration in the renewable energy sector, building on the momentum of the 100 MW solar power purchase agreement concluded four months ago.
 
Under the MoU, the two companies will jointly explore market-based renewable offtake structures that enable flexible and innovative clean energy procurement models. The collaboration will also focus on the development of Battery Energy Storage Systems (BESS) to enhance grid resilience and reliability, alongside structured knowledge sharing to leverage ENGIE’s global expertise in identifying emerging opportunities in India’s evolving energy landscape, the company said.
 
“At ENGIE, we believe strong, future‑focused partnerships are essential to accelerating India’s energy transition. Our collaboration with PTC India reflects a shared commitment to expanding the country’s renewable energy ecosystem and delivering solutions that create long‑term value for partners, communities, and the energy system as a whole,” stated the company.
 
The partnership further includes exploring additional areas of cooperation aimed at expanding India’s renewable energy ecosystem and delivering long-term value for stakeholders. ENGIE and PTC India reiterated that strong, future-focused alliances are critical to accelerating decarbonisation and supporting the country’s transition towards a sustainable and future-ready power system.
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