Serentica Renewables Secures 600 MW in SECI’s FDRE VII Assured Peak Tender Aimed at Strengthening Grid Reliability

06th Feb 2026

New Delhi, 06 February 2026: Serentica Renewables, a leading renewable energy provider in India, has secured 600 MW in the Solar Energy Corporation of India’s (SECI) FDRE VII Assured Peak tender, the highest allocation awarded to any bidder under the auction. This will be the largest single location BESS installation to be delivered by Serentica.

With a total tendered capacity of 4,800 MWh, FDRE VII is among India’s most advanced and technically complex renewable energy procurement frameworks. Serentica will provide 2,400 MWh of daily peak power. This will be achieved using a combined solar and BESS solution implemented behind the meter.

Unlike plain-vanilla renewable tenders, the Assured Peak structure mandates power delivery exclusively during non-solar hours, directly addressing the country’s growing evening peak demand and enhancing grid reliability. Under the project configuration, Serentica will deploy a co-located solar and Battery Energy Storage System (BESS), enabling a fixed four-hour daily peak supply. The project is required to meet a stringent Demand Fulfilment Ratio (DFR) of 70% on a monthly basis and 85% annually, ensuring reliable and consistent delivery of clean power during critical peak periods.

Akshay Hiranandani, CEO, Serentica Renewables, said, “India’s energy transition is entering a phase where reliability and availability are as important as capacity addition. The FDRE VII Assured Peak tender marks a pivotal shift in that direction. By delivering clean power during non-solar hours, this project addresses one of the grid’s most pressing challenges of meeting evening peak demand sustainably. At Serentica, we remain focused on building renewable solutions that are not only clean, but also dispatchable, dependable, and closely aligned with the needs of the power system.”

This project further reinforces Serentica’s role as a decarbonisation enabler, supporting India’s transition toward a resilient, flexible, and storage-backed renewable energy ecosystem, while advancing the goal of round-the-clock clean power and strengthening national energy security.

About Serentica Renewables

Established in 2022, Serentica Renewables is a leading renewable independent power producer (IPP) committed to decarbonizing hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions. With a vision to make renewables the primary energy source across India’s energy landscape, Serentica is driving large-scale decarbonization & contributing to the nation’s broader goals, including through government tenders. The company has achieved a significant milestone by reaching 1,700 MW of renewable energy capacity, with ongoing projects across multiple states, leveraging a mix of solar, wind, energy storage, and advanced balancing solutions. Serentica’s innovative approach ensures reliable and cost-effective green power for its growing customer base, which includes some of India’s largest energy-intensive industries. Backed by a $650 million investment from KKR, Serentica aims to supply over 50 billion units of clean energy annually, enabling the displacement of 47 million tons of CO₂ emissions. With a strong pipeline of projects under development, the company is at the forefront of India’s energy transition, deploying cutting-edge technology and innovative contractual structures to accelerate the shift to sustainable power.

For more details, please visit www.serenticaglobal.com