Rs 30,000 crore investment planned by Serentica Renewables
Renewable energy platform Serentica Renewables is gearing up for significant investment in its renewable energy projects, aiming to inject up to Rs 30,000 crore by FY27. The company targets installing 10 GW of renewable energy capacity by 2027 with a focus on the commercial and industrial (C&I) sector. It has aims to bolster its capacity to 17 GW.
The investment plans for FY25 hover around Rs 15,000 crore, earmarked for wind and solar RTC hybrid projects. Serentica Renewables secured a foreign currency loan of Rs 3,500 crore earlier this year for its RTC project.
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