Serentica Renewables has unveiled plans to invest ₹50,000 crore to establish 10,000 MW of renewable energy capacity in Rajasthan. Serentica Renewables announced its participation in Rising Rajasthan 2024, a platform showcasing the state’s growth prospects and investment potential.
During the event, the company revealed plans to invest ₹50,000 crore in developing 10,000 MW of renewable energy capacity in Rajasthan, further solidifying its role as a key player in India’s renewable energy sector. This investment will accelerate Rajasthan’s shift to clean energy through impactful and large-scale projects.
Currently, Serentica has 3,000 MWp of renewable energy capacity under construction in the state, focused on meeting the power demands of commercial and industrial (C&I) sectors. Additionally, over 400 MWp is already operational in Rajasthan, underscoring the company’s commitment to reliable execution and sustainable energy initiatives.
“Our ₹50,000 crore investment underscores the state’s vast potential as a renewable energy hub. By leveraging cutting-edge technologies and fostering strong partnerships, we aim to empower businesses, reduce carbon emissions, and drive Rajasthan’s economic and industrial development,” said Akshay Hiranandani, CEO of Serentica Renewables.
Serentica Renewables is a prominent player in India’s renewable energy sector, committed to advancing the country’s transition to sustainable energy solutions. The company focuses on developing large-scale renewable energy projects, catering primarily to the power needs of commercial and industrial sectors.
With a current portfolio that includes 3,000 MWp of renewable energy capacity under construction and over 400 MWp already operational, Serentica demonstrates a robust track record of execution and innovation. Leveraging advanced technologies and strong partnerships, the company is dedicated to reducing carbon footprints, empowering industries, and contributing to India’s clean energy goals.
