Resolven Strengthens Wind Portfolio with 180 MW SECI Pact in Andhra Pradesh – EQ

In Short : Resolven has signed a long-term PPA with Solar Energy Corporation of India for a 180 MW wind project in Andhra Pradesh. The agreement supports large-scale clean energy generation, powering lakhs of homes, reducing emissions, and reinforcing Resolven’s strategy to expand its diversified renewable energy portfolio across India.

In Detail : Resolven has entered into a significant 25-year power purchase agreement with Solar Energy Corporation of India for the development of a 180 MW wind energy project in Andhra Pradesh. This agreement marks an important milestone in the company’s efforts to scale its renewable energy portfolio and strengthen its presence in India’s wind sector.

The project will be developed through Resolven’s subsidiary, Ganeko Three Energy, showcasing the company’s structured approach toward executing large-scale renewable projects. By leveraging a dedicated project entity, the company aims to ensure efficient implementation, operational clarity, and long-term sustainability of the asset.

A notable aspect of the agreement is the tariff, which has been secured at approximately ₹3.68 per unit. This competitive pricing reflects the maturity of India’s wind energy market and highlights how technological advancements and scale efficiencies are driving down the cost of clean energy generation.

Once operational, the wind project is expected to generate nearly 490 million units of clean electricity annually. This level of output demonstrates the significant contribution large-scale wind installations can make toward meeting India’s growing energy demand while maintaining a low carbon footprint.

The environmental impact of the project is equally substantial, with estimates suggesting it can power around 4.6 lakh households each year. Additionally, it is expected to reduce carbon emissions by approximately 0.4 million tonnes annually, reinforcing the critical role of renewable energy in combating climate change.

From a strategic perspective, this agreement strengthens Resolven’s wind energy portfolio and aligns with its broader ambition of building a diversified, multi-technology renewable platform. The company is actively focusing on integrating wind, solar, and other clean energy solutions to create a balanced and future-ready energy mix.

The project also reflects the importance of central agencies like SECI in driving renewable energy adoption across India. By acting as an intermediary for power procurement and distribution, SECI enables developers to secure long-term offtake agreements, thereby reducing market risk and encouraging investment.

Resolven’s overall growth trajectory further supports the significance of this development. With over 2.5 GW of projects under construction and a substantial pipeline of future capacity, the company is positioning itself as a key player in India’s clean energy landscape with ambitions to scale significantly in the coming years.