Singapore-based Vena Energy, a green energy solutions provider, has signed India’s first load-following PPA with SECI for a 100 MW project under the FDRE scheme. Unlike RTC or peak contracts, the agreement aligns renewable supply with hourly DISCOM demand using integrated wind, solar, and storage systems to ensure 25 years of consistent delivery. This is Vena Energy’s first hybrid project in India. The project is expected to produce 380,000 MWh of wind and 133,000 MWh of solar energy every year. This can supply power to about 487,000 homes. It may also help avoid 488,000 tons of emissions and save 380 million litres of water each year. The company stated that the PPA demonstrates its capability to manage both pay-as-you-produce and firm dispatchable contracts in the Indian renewable energy sector.