Mumbai – Serentica Renewables, India’s largest decarbonization platform for C&I and utility customers, has signed binding agreements with Norway based Statkraft to acquire their Indian solar business. Statkraft’s Indian solar business comprises of 445 MWp operational solar plant at Bikaner and 1 GWp of development assets across Rajasthan. The portfolio is strategically located in resource […]
Serentica Renewables signs Power Purchase Agreement with NTPC – EQ
In Short : Serentica Renewables has signed a Power Purchase Agreement with NTPC to supply 200 MW of firm, dispatchable renewable energy to Uttar Pradesh. The power will come from over 600 MW of hybrid solar, wind, and battery storage projects. This agreement supports Uttar Pradesh’s clean energy transition by ensuring reliable, on-demand green power, […]
Serentica to develop 10,000 MW of renewable energy capacity in Rajasthan – EQ
In Short : Serentica Renewables has announced plans to develop 10,000 MW of renewable energy capacity in Rajasthan, strengthening its commitment to sustainable power generation. This initiative aims to harness the state’s abundant solar and wind resources, contributing significantly to India’s clean energy goals. The project underscores Serentica’s vision of driving a low-carbon future through […]
Serentica seeks partners for supply of 800 MWh battery energy storage systems – EQ
In Short : Serentica is seeking partners for the supply of 800 MWh battery energy storage systems. This initiative aims to bolster energy storage capabilities, supporting the integration of renewable energy and enhancing grid stability and efficiency. In Detail : Serentica Renewables invites EoIs for supply of 800 MWh battery energy storage systems for projects […]
Serentica plans to invest a maximum of Rs 30,000 crore by the fiscal year 2027.
In Short : Serentica aims to inject investments totaling Rs 30,000 crore into various ventures by the fiscal year 2027, marking a significant commitment to growth and expansion In Detail : Serentica Renewables, part of Vedanta Group, is looking to invest up to `30,000 crore by FY27 in its projects, including the existing ones. “Looking ahead, […]
Serentica Completes Debt Funding for its Renewable Energy Projects; Secures ~INR 3000 crores from REC – EQ
Serentica raised a total of INR ~5600 crores debt funding from two of the biggest public sector lenders – REC and PFC New Delhi : Serentica Renewables (“Serentica” or the “Company”), a leading C&I focused renewable energy developer in India, announced the completion of ~INR 3000 crores of debt funding from REC Limited – one […]
Serentica Secures INR 2600 crores Funding from PFC for its Renewable Energy Projects – EQ
Serentica inks 2.5 GW renewables supply deal – EQ Mag
Serentica Renewables India Pvt. Ltd, backed by KKR, has signed deals to supply 2.5 gigawatt (GW) of renewable energy to commercial and industrial consumers, said director Pratik Agarwal. This move follows the firm’s announcement of a definitive agreement with KKR to secure a $250-million funding. With this, Serentica is set to achieve an installed capacity […]
Serentica launches renewable energy platform – EQ Mag Pro
New Delhi : Serentica Renewables on Monday announced the launch of a renewable energy platform and said that it plans to install 1,500GW of solar and wind power in the country. “Serentica Renewables announces the launch of a Renewable Energy Platform in India. This green energy company will focus on providing round-the-clock carbon-free power to […]
Serentica to Launch Renewable Energy Platform in India – EQ Mag Pro
The company will specialise in providing end-to-end green solutions to the consumers, including connectivity to the appropriate transmission network using the services of group company Sterlite Power Serentica Renewables, owned by Twinstar Overseas Limited, which has controlling stake in Sterlite Power Transmission Limited and Sterlite Technologies Ltd, will launch a renewable energy platform in India […]