ENGIE India has signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for a 100 MW solar power project in Barmer, Rajasthan.

ENGIE said the Barmer site’s conditions and infrastructure make it a strategic addition to its Rajasthan portfolio, which it said now approaches 1 GW. The project is slated for commissioning in 2027.

Amit Jain, CEO and Country Manager, India MD Renewables & Batteries India & South-East Asia at ENGIE, said the Barmer project will deliver dependable solar power to a region where rising energy demand and economic growth go hand in hand. NGIE’s current India portfolio stands at 2.5 GW across 23 renewable energy projects in seven states, with over 300 MW in Rajasthan alone.

In May, the company announced that it had achieved financial closure for its upcoming 200 MW solar power project in Khavda, Gujarat. The project is expected to generate approximately 550 GWh of electricity annually. Financial support for the project has been secured in partnership with two leading international banks, MUFG Bank and Credit Agricole Corporate and Investment Bank.

In March 2024, ENGIE was declared one of the winners in the SECIs auction to set up 1,500 MW interstate transmission system-connected solar power projects in India under Tranche XIV, with the lowest quoted tariff of ₹2.57 (~$0.0310)/kWh to win 100 MW.

Speaking with Mercom India in an exclusive interview, Amit Jain discussed how ENGIE is navigating India’s renewable energy landscape as it undergoes a shift, with standalone, vanilla power projects giving way to hybrid projects that combine energy storage systems to ensure a round-the-clock and firm power supply, as well as grid stability.

He said that ENGIE’s ambition is to expand its renewable portfolio to 7 GW by 2030, with approximately 75% of the capacity coming from solar. To support this, he noted ENGIE plans to invest approximately €3.5 billion (~$4.04 billion) in India by the end of the decade.