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),…
On April 15, 2025, Serentica Renewables India Private Limited (SRIPL) signed a 25-year power purchase agreement (PPA) with NTPC Limited for the development of a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. The project is part of NTPC’s Tranche-II FDRE auction and will be connected to the Inter-State Transmission System (ISTS). The agreement…
Serentica Renewables India Private Limited (SRIPL) has announced plans to set up 10,000 MW of renewable energy projects in Rajasthan. The company intends to invest Rs 500 billion in the state, as part of the “Rising Rajasthan Summit 2024,” to develop its renewable energy capacity.
Serentica Renewables plans to invest Rs 500 billion to develop 10,000 MW of renewable energy capacity in Rajasthan, as part of its efforts to position the state as a renewable energy hub. This investment aligns with the company’s participation in Rising Rajasthan 2024. Currently, Serentica has 3,000 MWp of renewable energy under construction in the…
Serentica Renewables has announced plans to develop renewable energy projects with a combined capacity of 10 GW in Andhra Pradesh, supporting both India’s clean energy goals and the state’s green vision. This initiative aligns with Andhra Pradesh’s target of 72 GW in renewable capacity by 2030, providing a foundation for sustainable industrial growth in the…
Hindustan Zinc has entered into a group captive arrangement with Serentica Renewables to secure 530 MW of round-the-clock (RTC) renewable power. The agreement involves Hindustan Zinc investing Rs 3.27 billion to acquire a 26% stake in Serentica and its affiliates. Serentica will develop captive renewable energy projects across India to supply power to Hindustan Zinc…
Vedanta has announced plans to invest more than Rs 1 trillion in Rajasthan, covering its zinc, renewable energy, and oil and gas divisions. This investment is expected to create around 200,000 jobs and support the development of over 500 downstream industries across various sectors. Hindustan Zinc, a Vedanta Group company, will invest Rs 300 billion…