ReNew Power Solution

ReNew has a Trading License that allows us to supply renewable energy from various renewable energy assets combined with a decentralized, site-specific storage and power management solution. We believe that this approach provides the optimal solution that would meet technical and commercial requirements for Businesses looking to be more sustainable and reduce their energy costs and benefit from 24/7 uninterrupted power.

• Renewable Energy Supply: Vantage is the energy off-taker of a 20 MW Gas plant and the investor and will develop two solar PV plants in northern states with 50MWp in phase 1 (2024). We are also in PPA discussions with other Hydro Power companies to off-take hydro power from several of their hydro power plants. The renewable energy electrons from one of these generation sources will be wheeled via the national grid to the local transmission stations which will then connect to the Customer via a 33kV ringed network. Vantage and TCN will have a Service Level Agreement to prioritize the delivery of Vantage renewable energy electrons to the plant.

•Zero Outage Risk: Vantage will design a site-specific technical solution that will include an online UPS to complement the renewable energy generation sources. The UPS solution will ensure stable supply during transient periods and quick response times to voltage regulation and outages through capability and reaction time of <20 milliseconds. Most importantly, if an outage does occur, the UPS solution will allow sufficient time for a black start of back-up diesel and/or gas generators to take over its load without any interruption to operations.

•Carbon Credits: The average annual renewable factor will be a minimum of 95% for the plant and we will deliver IREC’s (i.e., carbon credits) for electrons consumed.

•ReNew Guarantee: We only sign PPAs with IPPs to purchase renewable energy electrons and we guarantee a renewable energy supply for a minimum of 95%. Vantage will install 3 energy meters: at the injection point at the transmission station where the renewable energy electrons are injected into the grid, at the delivery point at the transmission station closest to the Customer site and at the Customer plant site itself. This will ensure that accurate accounting is done to confirm that the Customer’s energy supply consists of 95% renewable energy electrons. These 3 energy meters will be connected to a SCADA system through which the Customer can validate at any time the renewable energy electrons generated by the plant against the Customer’s consumption