Serentica Renewables commits Rs 50,000 crore for Rajasthan’s green energy
Serentica Renewables has announced a Rs 50,000 crore investment to build 10,000 MW of renewable energy capacity in Rajasthan. The company is developing 3,000 MWp of renewable power for the Commercial and Industrial (C&I) sector and has already commissioned over 400 MWp. This investment highlights Rajasthan’s potential as a renewable energy hub, showcased at Rising Rajasthan 2024.
A substantial investment of Rs 50,000 crore has been announced by Serentica Renewables to build 10,000 MW of renewable energy capacity in Rajasthan. This announcement complements Serentica’s participation in Rising Rajasthan 2024, an event that presents the potential economic growth and investment opportunities in the state.
As part of the investment, Serentica aims to roll out major measures to advance the transition to renewable power in Rajasthan. In an effort to cater to the electrical demand of the country ’s Commercial and Industrial (C&I) segment, the company is developing 3,000 MWp of renewable power capacity across the state. In addition, more than 400 MWp has been commissioned in Rajasthan
The CEO of Serentica Renewables, Akshay Hiranandani, claims that the state’s enormous potential as a hub for renewable energy is reflected in their Rs 50,000 crore investment. They aim at enabling organisations in mitigating the effects of global warming and contributing significantly to industrial and economic growth of Rajasthan through innovation and partnerships.
The company is showcasing its plans for Rajasthan’s energy future at Rising Rajasthan 2024. The event gives Serentica a chance to work with investors, legislators, and business executives, advancing its initiatives to influence Rajasthan’s renewable energy future.
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Source : Manufacturing Today
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