Serentica to Scale Renewable Capacity to 7.5 GW by 2027

12 Sep 2025 CW Team

Green energy company Serentica Renewables plans to commission an additional 6.5 GW of renewable capacity by December 2027, a top company official has said.

With the commissioning of these projects, Serentica’s operational capacity will increase to 7.5 GW from the current 1 GW, Chief Executive Officer Akshay Hiranandani said.

The 7.5 GW target by the end of 2027 will include 3 GW of projects awarded by government-owned Renewable Energy Implementation Agencies (REIAs). As a result, government utilities will account for 40 per cent of Serentica’s total commissioned portfolio.

In addition, Serentica has signed three power purchase agreements (PPAs) and one Letter of Award (LoA) totalling 650 MW with major government utilities under the Framework for Development of Renewable Energy (FDRE) in the first five months of the current financial year.

“These wins at auctions of renewable energy projects by government-owned agencies demonstrate our ability to deliver complex, large-scale renewable projects aligned with India’s national priorities at affordable costs,” Hiranandani said. He added that the company has inked agreements with NTPC for a 200 MW solar-wind-storage peak power project and with SECI for 100 MW under the FDRE-IV load-following tender.

With NHPC, an agreement has been signed for a 150 MW hybrid peak power project, while a LoA has been received from SJVN for a 200 MW time-block-based supply between April and August this year.

These projects will be located in states such as Rajasthan, Maharashtra, Karnataka and Andhra Pradesh.

Established in 2022, Serentica Renewables is a leading renewable independent power producer focused on decarbonising hard-to-abate industries by providing firm, dispatchable renewable energy solutions.

By 2030, the company aims for 17 GW of operational capacity, combining renewable energy with large-scale storage solutions, including pumped storage projects (PSPs) and battery energy storage systems (BESS).

The company targets supplying over 50 billion units of clean power annually by 2030, offsetting nearly 47 million tonnes of CO₂ emissions

Green energy company Serentica Renewables plans to commission an additional 6.5 GW of renewable capacity by December 2027, a top company official has said.With the commissioning of these projects, Serentica’s operational capacity will increase to 7.5 GW from the current 1 GW, Chief Executive Officer Akshay Hiranandani said.The 7.5 GW target by the end of 2027 will include 3 GW of projects awarded by government-owned Renewable Energy Implementation Agencies (REIAs). As a result, government utilities will account for 40 per cent of Serentica’s total commissioned portfolio.In addition, Serentica has signed three power purchase agreements (PPAs) and one Letter of Award (LoA) totalling 650 MW with major government utilities under the Framework for Development of Renewable Energy (FDRE) in the first five months of the current financial year.“These wins at auctions of renewable energy projects by government-owned agencies demonstrate our ability to deliver complex, large-scale renewable projects aligned with India’s national priorities at affordable costs,” Hiranandani said. He added that the company has inked agreements with NTPC for a 200 MW solar-wind-storage peak power project and with SECI for 100 MW under the FDRE-IV load-following tender.With NHPC, an agreement has been signed for a 150 MW hybrid peak power project, while a LoA has been received from SJVN for a 200 MW time-block-based supply between April and August this year.These projects will be located in states such as Rajasthan, Maharashtra, Karnataka and Andhra Pradesh.Established in 2022, Serentica Renewables is a leading renewable independent power producer focused on decarbonising hard-to-abate industries by providing firm, dispatchable renewable energy solutions.By 2030, the company aims for 17 GW of operational capacity, combining renewable energy with large-scale storage solutions, including pumped storage projects (PSPs) and battery energy storage systems (BESS).The company targets supplying over 50 billion units of clean power annually by 2030, offsetting nearly 47 million tonnes of CO₂ emissions

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..