NTPC Ltd.

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Large Cap | Power Generation/Distribution
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NTPC enters into power purchase agreement with Evren

Date: 22-04-2025

Evren, a platform launched by Brookfield in India, has entered into a 300 MW power purchase agreement (PPA) with state-owned power giant NTPC for supply of firm and dispatchable renewable energy. The agreement entails development of close to 1 GW of renewable energy capacity including wind, solar and battery energy storage.  

The plant, designed for 300 MW Firm and Dispatchable Renewable Energy (FDRE), combines solar, wind, and battery storage for efficient peak-hour energy dispatch, helping power distribution companies in better matching power demand with renewable supply, especially during peak demand periods. This PPA will also assist the power distribution companies in meeting their renewable energy consumption and energy storage obligations.

NTPC is the flagship company of the NTPC Group. It is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.