December 8th 2025.
In Puducherry, Girish Tanti, the Vice Chairman of Suzlon Group, expressed his hope for the government to utilize the FDRE option to convert over 40 GW of uncontracted renewable energy capacity. This option is considered more reliable compared to traditional wind and solar projects. An FDRE project integrates advanced solar, wind, and battery energy storage systems to ensure a consistent and dependable energy supply during peak demand.
Based on an official document, there is currently 45.34 GW of renewable energy capacity that has not yet been signed for power purchase agreements. The government is actively working on finding solutions for these awarded projects. The winners of these tenders are also in discussions with potential buyers, such as distribution companies, to come to an understanding for power purchase agreements.
In other news, Suzlon reported a surge in net profit for the second quarter, reaching ₹1,279 crore, due to a strong order book. Meanwhile, four renewable energy implementing agencies - SECI, NTPC, NHPC, and SJVN - have proposed the auction of tendered electricity capacity as a potential solution to the issue. Tanti commented that the Government of India is currently reassessing this capacity and will come up with a solution soon. He believes that it is likely to become FDRE in the future.
Tanti's remarks hold significance as India strives to reach its goal of having 500 GW of non-fossil fuel-based capacity. He is confident that consumers will accept FDRE, despite the tariff difference, because it is a more dependable source of clean energy compared to plain wind and solar. The tariff rates for solar projects range from Rs 2.38 to Rs 2.56 per unit, while wind projects range from Rs 3.70 per unit to Rs 3.90 per unit. On the other hand, the price discovery through FDRE has been at Rs 5.5 per unit. Tanti believes that this is still cheaper than coal power, and they are now competing with coal for providing 24-hour electricity supply. He predicts that the majority of this capacity will eventually become FDRE in some form or another.
Sources have revealed that some states have raised concerns about the intermittency of plain wind and solar projects. However, as per the disclaimer, this story is from a syndicated feed and the only change is the headline.
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