Serentica Secures First Textile Deal With 32 MW RE Pact
POWER & RENEWABLE ENERGY

Serentica Secures First Textile Deal With 32 MW RE Pact

Serentica Renewables has signed a long-term power purchase agreement with Sanathan Polycot Private Limited, a subsidiary of Sanathan Textiles Limited, to supply clean energy to the textile sector. The companies will establish a Special Purpose Vehicle (SPV) to deliver a 32-megawatt (MW) hybrid, round-the-clock renewable energy project, with Sanathan holding a 26 per cent stake and Serentica Renewables retaining the remainder. The arrangement is intended to ensure uninterrupted operations at Sanathan Polycot's manufacturing facility in Punjab.

This deal marks Serentica’s first engagement in the textile sector and reflects the firm’s strategy to expand decarbonisation solutions for energy-intensive industries. The project will provide dependable and cost-efficient green power and is expected to give Sanathan long-term visibility on energy costs while supporting its sustainability agenda. Sanathan is described as an integrated and diversified yarn manufacturer operating across three segments, including polyester filament yarns, cotton yarns and yarns for technical textiles.

An earlier report by ICRA ESG Ratings Limited noted a steady increase in renewable energy adoption by Indian textile companies even as energy use per unit of revenue rose. The review covered 19 major textile firms from FY2023 to FY2025 and found the average renewable energy share in the sector's total energy consumption rose from about 14 per cent in FY2023 to 18 per cent in FY2025. The findings were presented within a broader analysis titled Sustainability Unstitched: Indian textile industry’s green gauge.

Serentica said the collaboration strengthens its ability to deliver tailored clean energy solutions to energy-intensive sectors and expands its portfolio across India's industrial and manufacturing landscape. The company added that providing round-the-clock renewable energy will enable industries to transition to clean power seamlessly and that the partnership with Sanathan Polycot indicates growing momentum among industrial players to adopt sustainable energy solutions. The arrangement is positioned as a step towards decarbonising a key pillar of India's manufacturing economy.

Serentica Renewables has signed a long-term power purchase agreement with Sanathan Polycot Private Limited, a subsidiary of Sanathan Textiles Limited, to supply clean energy to the textile sector. The companies will establish a Special Purpose Vehicle (SPV) to deliver a 32-megawatt (MW) hybrid, round-the-clock renewable energy project, with Sanathan holding a 26 per cent stake and Serentica Renewables retaining the remainder. The arrangement is intended to ensure uninterrupted operations at Sanathan Polycot's manufacturing facility in Punjab. This deal marks Serentica’s first engagement in the textile sector and reflects the firm’s strategy to expand decarbonisation solutions for energy-intensive industries. The project will provide dependable and cost-efficient green power and is expected to give Sanathan long-term visibility on energy costs while supporting its sustainability agenda. Sanathan is described as an integrated and diversified yarn manufacturer operating across three segments, including polyester filament yarns, cotton yarns and yarns for technical textiles. An earlier report by ICRA ESG Ratings Limited noted a steady increase in renewable energy adoption by Indian textile companies even as energy use per unit of revenue rose. The review covered 19 major textile firms from FY2023 to FY2025 and found the average renewable energy share in the sector's total energy consumption rose from about 14 per cent in FY2023 to 18 per cent in FY2025. The findings were presented within a broader analysis titled Sustainability Unstitched: Indian textile industry’s green gauge. Serentica said the collaboration strengthens its ability to deliver tailored clean energy solutions to energy-intensive sectors and expands its portfolio across India's industrial and manufacturing landscape. The company added that providing round-the-clock renewable energy will enable industries to transition to clean power seamlessly and that the partnership with Sanathan Polycot indicates growing momentum among industrial players to adopt sustainable energy solutions. The arrangement is positioned as a step towards decarbonising a key pillar of India's manufacturing economy.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement