Serentica to develop 10,000 MW of RE capacity in Rajasthan
By EPR Magazine Editorial December 6, 2024 5:15 pm IST
By EPR Magazine Editorial December 6, 2024 5:15 pm IST
Serentica Renewables announced a significant investment to develop 10,000 MW of renewable energy capacity in Rajasthan aiming to progress impactful projects in the state. The company has 3,000 MWp of renewable energy capacity under construction in the state, catering to the power needs of India’s commercial and industrial (C&I) sectors.
Serentica Renewables has announced a significant ₹50,000 crore investment to develop 10,000 MW of renewable energy capacity in Rajasthan. This announcement coincides with Serentica’s participation in Rising Rajasthan 2024, an event highlighting the state’s growth potential and investment opportunities.
With this investment, Serentica aims to progress Rajasthan’s transition to clean energy through impactful projects. Currently, the company has 3,000 MWp of renewable energy capacity under construction in the state, catering to the power needs of India’s commercial and industrial (C&I) sectors. Additionally, more than 400 MWp is already operational in Rajasthan, showcasing Serentica’s dedication to reliable execution and sustainable energy solutions.
“At Serentica, we are deeply committed to driving India’s clean energy transition, and Rajasthan plays a major role in our journey,” said Akshay Hiranandani, CEO of Serentica Renewables. “Our ₹50,000 crore investment reflects the immense potential of this state as a renewable energy hub. Through advanced technologies and strong partnerships, we aim to empower businesses, lower carbon emissions, and significantly contribute to Rajasthan’s economic and industrial progress,” he added.
Serentica Renewables, supported by the Vedanta Group and global investment firm KKR, is at the forefront of decarbonising India’s C&I sector and enabling net-zero goals through its cutting-edge renewable energy initiatives.
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