Serentica Renewables has commissioned 3 GW of renewable energy capacity, achieving the milestone within 26 months of commissioning its first renewable energy project. The commissioned portfolio includes a mix of solar and wind assets across multiple renewable energy-rich states. The portfolio includes more than 500 MW of wind capacity across Maharashtra and Karnataka and supplies…
Serentica Renewables (Serentica) has appointed Satish Kumar Rathor as Chief Operating Officer (COO) for its Solar and Battery Energy Storage Systems (BESS) business, strengthening its leadership team as it scales clean energy supply to industrial consumers. Rathor brings nearly three decades of experience across nuclear, thermal, and renewable energy sectors. In his new role, he…
Sanathan Textiles Limited has announced that its wholly owned subsidiary, Sanathan Polycot Private Limited (SPPL), will acquire a 26% stake in Serentica Renewables India 33 Private Limited for a total consideration of Rs 48 crore. The investment will be made in tranches under a Share Subscription and Shareholders’ Agreement (SSSHA) and a Power Supply and…
Serentica Renewables is planning to raise $6 to $8 billion over the next five years. This capital will fuel acquisitions and new projects, aiming to more than double its operational capacity. According to Chairman Pratik Agarwal, the company’s broader goal is to invest $10-11 billion to scale its portfolio to 17 GW by 2029-2030. Currently…
Serentica Renewables has appointed Anil Kumar Singh as Director – Operations. He will report to Chief Executive Officer Akshay Hiranandani and be based in Mumbai. Anil has over 33 years of experience across ports, cement, petrochemicals, thermal power, electricity distribution, telecom, and renewables. He holds Bachelor’s and Master’s degrees in Engineering from IIT Roorkee and…
Serentica Renewables has signed a long-term power purchase agreement (PPA) with MRF Limited to supply clean energy under a captive power arrangement. The electricity will come from a 170 MW wind-solar hybrid project currently under development by Serentica. Power from the project will be delivered to MRF’s manufacturing facilities across India via the inter-state transmission…
Serentica Renewables has partnered with Envision Energy India for the supply of wind turbine generators (WTGs) for its upcoming 560 MW wind project. The project will use Envision’s 5 MW smart WTGs, with deliveries scheduled to begin in February 2026. Installations will be located across multiple states, including Karnataka and Maharashtra. According to Serentica Renewables,…
Serentica Renewables has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for 100 megawatts (MW) of round-the-clock renewable supply. The company stated that this is the country’s first “load-following” PPA, developed in consultation with SECI and state distribution companies (DISCOMs) to align with the seasonal load profile of…
Serentica Renewables will set up one of India’s largest battery energy storage system (BESS) projects in Rajasthan through a partnership with Shanghai Gotion Digital Energy Tech Co. The 50 megawatt (MW) / 200.6 megawatt hour (MWh) facility will be located in Bikaner and is scheduled to be commissioned by the end of 2025. This marks…
Serentica Renewables India Private Limited (SRIPL) has achieved financial closure for its 300 MW solar power project in Rajasthan. The company has secured over Rs 8.58 billion (USD 100 million) through External Commercial Borrowing (ECB) from Rabobank and Societe Generale. The power generated from this project will be supplied to Bharat Aluminium Company Limited (BALCO),…