It is financed on a 70:30 debt-to-equity basis, with Sterlite Copper holding a 26% equity share in the special purpose vehicle (SPV). Sterlite Copper, a subsidiary of Vedanta, has signed a 25-year power delivery agreement (PDA) with Serentica Renewables India Pvt (SRIPL) to source 16 MW of hybrid renewable power for its Silvassa-based copper operations. […]
Suzlon bags 204 MW order from Serentica Renewables – EQ Mag
“Suzlon Group has bagged a significantly large order for its 3 MW series of wind turbines from Serentica Renewables – a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries,” a company statement said. Renewable energy solutions provider Suzlon has bagged a 204 MW wind energy project from Serentica Renewables. “Suzlon Group […]
Serentica Renewables Secures Additional $250 Million Investment from KKR – EQ Mag
Latest investment builds on the $400 million committed by KKR last year NEW DELHI, India : Serentica Renewables (“Serentica” or the “Company”), a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, today announced the signing of definitive agreements under which leading global investment firm […]
Serentica Renewables appoints Akshay Hiranandani as CEO – EQ Mag
New Delhi : Serentica Renewables (“Serentica” or the “Company”), a decarbonisation platform that seeks to accelerate the energy transition for energy-intensive industries, announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Akshay will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, […]