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Serentica Renewables to Invest Rs. 1tn in Clean Energy in Rajasthan

Serentica Renewables has announced plans to invest Rs. 1 trillion in clean energy in Rajasthan, with more than Rs. 100 billion already deployed.

The company said in a statement that the state currently accounts for over 50 per cent of its total solar portfolio, with major assets located across Bikaner and Jaisalmer. The KKR-backed renewable independent power producer (IPP) will expand its portfolio to Bhadla in the next phase.

We remain committed to scaling our investments in the state to support industrial decarbonization and strengthen grid resilience,” said Akshay Hiranandani, CEO, Serentica Renewables.

These projects form part of the company's planned renewable energy pipeline of 27,000 MW. It currently has an operational portfolio of over 2,500 MW and an additional under-construction portfolio of over 3,000 MW.

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