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Serentica

Serentica Partners for Contracts Worth INR 10,000 cr for Phase 1 of RE Projects

Renewable energy platform Serentica Renewables has announced successful placement of contracts worth INR 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 renewable energy capacity in India. Serentica is setting up solar and wind capacities across the states of […]

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Sterlite Copper to Source 16 MW Hybrid Renewable Power from Serentica Renewables

A power delivery agreement (PDA) has been signed between Serentica Renewables India Pvt (SRIPL) and Sterlite Copper, a subsidiary of Vedanta. The agreement paves the way for Sterlite Copper to source hybrid renewable power of 16 MW capacity for its copper operations in Silvassa. The hybrid project will be established on a captive model. It […]

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Suzlon Bags Order From Serentica For Its 3MW Wind Turbine Series 

India’s leading wind energy player Suzlon today announced bagging a ‘significant’ order for its 3 Megawatt (MW) series of wind turbines from Serentica Renewables. Serentica Renewables India Private Limited (Serentica), an energy solutions company, works towards industrial decarbonization.   As per the order, Suzlon will install 68 wind turbine generators of its 3MW series with a […]

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Serentica Renewables Secures $250 Million From KKR

Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […]

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Akshay Hiranandani Takes Over the Reins of Serentica Renewables as CEO

A decarbonisation platform that looks to accelerate the energy transition for energy-intensive industries, Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Hiranandani will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting on the appointment, Pratik Agarwal, Director, Serentica Renewables, said, “We are elated to have […]

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Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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KKR to Invest $400 Million in Sterlite Backed Serentica Renewables

Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […]

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Gurugram’s Serentica Launches RE Platform with Hybrid Plant Installation

Twinstar Overseas Limited-owned Serentica Renewables has launched a renewable energy platform in India to offer significant energy consumers in the nation round-the-clock (RTC) carbon-free power. Serentica Renewables is a division of Twinstar Overseas Ltd, which also holds a majority position in Sterlite Power Transmission and Sterlite Technologies. In addition, the company intends to set up […]

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Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore

Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […]

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