Serentica Renewables secures Rs 100 bn contracts

08 Jun 2023 CW Team

To bring these projects to fruition, Serentica has formed partnerships with renowned renewable energy solution providers like Suzlon, Siemens Gamesa, Jinko Solar, Amara Raja, and others. The company plans to establish solar and wind capacities in Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan, where it has secured connectivity to the inter-state transmission system (ISTS).

In Maharashtra and Karnataka, Serentica has joined forces with industry leaders such as Suzlon, Siemens Gamesa, and Envision for its wind projects. For the solar projects in Rajasthan and Maharashtra, it has enlisted the support of global solar leaders like Jinko Solar and Trina Solar, who will supply the necessary modules.

The Engineering Procurement and Construction (EPC) for these projects will be carried out by Suzlon, Sterling & Wilson, Amara Raja Power Systems, EverRenew, and Rays Power. The commissioning of these projects is scheduled for the fiscal year 2024-25.

Expressing his enthusiasm about these partnerships, Pratik Agarwal, Director of Serentica Renewables, emphasised their importance in advancing the company's mission of industrial decarbonisation. He stated, "We are excited to collaborate with some of the leading renewable energy players in the country as we advance our mission of industrial decarbonisation. These partnerships are a significant step forward in our efforts to build world-class assets for our customers. With the support of industry veterans, we aim to reverse climate change and create a greener tomorrow."

Serentica Renewables envisions supplying more than 40 billion units of clean energy annually in the medium term, thereby displacing 37 million tonnes of CO2 emissions. To support its growth objectives, the company secured definitive agreements worth $650 million with global investor KKR in November 2022.

Serentica Renewables has made an exciting announcement regarding the successful contract placement for its upcoming renewable energy projects, amounting to Rs 100 billion. This significant milestone is set to have a considerable impact on India's renewable energy sector, as Serentica aims to develop 1.5 GW of renewable energy capacity throughout the country.To bring these projects to fruition, Serentica has formed partnerships with renowned renewable energy solution providers like Suzlon, Siemens Gamesa, Jinko Solar, Amara Raja, and others. The company plans to establish solar and wind capacities in Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan, where it has secured connectivity to the inter-state transmission system (ISTS).In Maharashtra and Karnataka, Serentica has joined forces with industry leaders such as Suzlon, Siemens Gamesa, and Envision for its wind projects. For the solar projects in Rajasthan and Maharashtra, it has enlisted the support of global solar leaders like Jinko Solar and Trina Solar, who will supply the necessary modules.The Engineering Procurement and Construction (EPC) for these projects will be carried out by Suzlon, Sterling & Wilson, Amara Raja Power Systems, EverRenew, and Rays Power. The commissioning of these projects is scheduled for the fiscal year 2024-25.Expressing his enthusiasm about these partnerships, Pratik Agarwal, Director of Serentica Renewables, emphasised their importance in advancing the company's mission of industrial decarbonisation. He stated, We are excited to collaborate with some of the leading renewable energy players in the country as we advance our mission of industrial decarbonisation. These partnerships are a significant step forward in our efforts to build world-class assets for our customers. With the support of industry veterans, we aim to reverse climate change and create a greener tomorrow.Serentica Renewables envisions supplying more than 40 billion units of clean energy annually in the medium term, thereby displacing 37 million tonnes of CO2 emissions. To support its growth objectives, the company secured definitive agreements worth $650 million with global investor KKR in November 2022.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..