Vibrant Energy is engaged in various round-the-clock (RTC) renewable projects for premium customers, said the company’s Chief Executive Officer Srinivasan Viswanathan.
Vibrant Energy has become a top corporate renewable platform in the country. Over the last 12 months, the company has signed long-term PPAs with marquee clients like 300 MW with Amazon and 75 MW with Saint-Gobain India, to provide RTC renewable energy from its inter-state transmission systems (ISTS) parks, enabling them to achieve 100 per cent renewable penetration to name a few.
Recently, Vibrant commissioned a 54 MW wind project for Sify Technologies, a leading Indian data centre company. Additionally, the company placed orders for 378 MW with leading WTG OEMs namely Vestas, Envision, and Suzlon. This deep collaboration with its vendor partners has allowed them to leverage their expertise, further strengthen the portfolio and contribute to the expansion of renewable power generation in the country. Meanwhile, Vibrant has successfully secured financing of over Rs 22 billion from Power Finance Corporation, which is India’s largest C&I project financing for its 300-MW wind-solar hybrid project.
Vibrant Energy is arguably the only platform in the corporate renewables market that provides multiple tailored solutions to customers across Group Captive, third party open access, VPPA models. Currently, the company is actively working on about 4 GW of pipeline and have been engaged in numerous conversations to build RTC renewable projects for premium customers.
Vibrant Energy is committed to creating a sustainable future for its corporate clients and remain focused on developing bespoke solutions to meet corporate sustainability needs.
