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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..