MRF Invests Rs 990 Million in Serentica Renewables for Clean Energy
POWER & RENEWABLE ENERGY

MRF Invests Rs 990 Million in Serentica Renewables for Clean Energy

Tyre manufacturer MRF Ltd has invested Rs 990 million in Serentica Renewables India to secure 50 MW of hybrid renewable power for its manufacturing facilities in Tamil Nadu.

The investment reflects MRF’s commitment to increasing renewable energy use across its operations. Serentica Renewables will supply the power through a mix of solar and wind sources from its projects in Karnataka, ensuring consistent green energy delivery to MRF’s Tamil Nadu units.

This partnership supports the company’s decarbonization roadmap and aligns with India’s broader clean energy transition goals.

Serentica Renewables, backed by KKR, is focused on developing large-scale renewable energy projects catering to commercial and industrial consumers. The company aims to contribute to India’s ambition of achieving 500 GW of non-fossil fuel energy capacity by 2030.

Tyre manufacturer MRF Ltd has invested Rs 990 million in Serentica Renewables India to secure 50 MW of hybrid renewable power for its manufacturing facilities in Tamil Nadu. The investment reflects MRF’s commitment to increasing renewable energy use across its operations. Serentica Renewables will supply the power through a mix of solar and wind sources from its projects in Karnataka, ensuring consistent green energy delivery to MRF’s Tamil Nadu units. This partnership supports the company’s decarbonization roadmap and aligns with India’s broader clean energy transition goals. Serentica Renewables, backed by KKR, is focused on developing large-scale renewable energy projects catering to commercial and industrial consumers. The company aims to contribute to India’s ambition of achieving 500 GW of non-fossil fuel energy capacity by 2030.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement