Serentica Renewables Successfully Places Contracts Worth ₹10,000 Crore

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Source: Serentica Renewables

“In our endeavour to build world-class assets for our customers, these partnerships are a huge step forward. We look forward to working with the industry veterans and with their support, march ahead in our vision of reversing climate change and creating a greener tomorrow.”

- Pratik Agarwal, Director, Serentica Renewables

June 2023 : Serentica Renewables has announced successful placement of contracts worth ₹10,000 crore for its upcoming renewable energy projects. The contracts placed upon leading renewable energy solution providers will enable Serentica to develop 1.5 GW of RE capacity in the country.

Serentica is setting up solar and wind capacities across the states of Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan where it has secured connectivity to the inter-state transmission system (ISTS). For its wind projects coming up in Maharashtra and Karnataka, Serentica has tied up with leading wind players like Suzlon, Siemens Gamesa, and Envision while the modules for its solar projects in Rajasthan and Maharashtra will be supplied by global solar leaders like Jinko Solar and Trina Solar. The EPC (Engineering Procurement and Construction) for the projects will be executed by Suzlon, Sterling & Wilson, Amara Raja Power Systems, EverRenew, and Rays Power. The projects are scheduled to be commissioned by FY 2024-25.

Commenting on the milestone, Pratik Agarwal, Director, Serentica Renewables, said, “We are excited to join forces with some of the leading renewable energy players in the country to take forward our mission of industrial decarbonisation. In our endeavour to build world-class assets for our customers, these partnerships are a huge step forward. We look forward to working with the industry veterans and with their support, march ahead in our vision of reversing climate change and creating a greener tomorrow.”

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