Serentica Renewables to Invest INR 1 Lakh Crore in Rajasthan to Boost Industrial Decarbonisation

Rajasthan is rapidly emerging as the epicentre of India’s renewable energy growth, with Serentica Renewables scaling its investments in the state to advance the country’s industrial decarbonisation agenda. As industries increasingly demand reliable, round-the-clock clean power, Rajasthan is becoming the preferred destination for next-generation renewable and storage infrastructure.

Serentica Renewables has built an operational portfolio of over 2,500 MW, additional under-construction portfolio of over 3,000 MW, and aims to supply 67 billion units of clean energy annually, helping abate 47 million tonnes of CO₂ emissions. The company’s strategy is focused on enabling hard-to-abate sectors with firm, dispatchable renewable energy solutions that combine scale, reliability and affordability.

Underscoring its long-term commitment, Serentica has announced plans to invest INR 1 lakh crore in coming years in the state of Rajasthan, with more than INR 10,000 crore already deployed. The state today accounts for over 50 percent of the company’s total solar portfolio, with major assets located across Bikaner and Jaisalmer and extending to Bhadla in the next phase. Together, these projects form part of a planned renewable energy pipeline of 27,000 MW.

Commenting on the company’s Rajasthan growth plans, Akshay Hiranandani, CEO, Serentica Renewables, said, “Rajasthan is a critical pillar of our growth strategy and is fast emerging as a leader in renewable energy. India’s energy transition depends on delivering reliable, round-the-clock clean power to industries and our upcoming BESS project in Bikaner will be an important step in enabling firm, dispatchable renewable energy. We remain committed to scaling our investments in the state to support industrial decarbonisation and strengthen grid resilience.”

As part of its next phase of expansion, Serentica is set to commission phase- I of the region’s largest Battery Energy Storage System (BESS) projects in Bikaner. Phase 1 of the 200 MWh Bikaner battery project will ensure consistent round-the-clock clean energy supply to industry. Phase 2 of the 800 MWh battery is expected to be online over the next 3 months. Phase-2 adds another 800 MWh within next quarter in the same Bikaner region.

Looking ahead, Serentica plans to expand its Fatehgarh solar platform with an initial 1,270 MWp, followed by an additional 500 MWp and Battery system of 2500 MWh in FY 2026–27. These investments reaffirm the company’s confidence in Rajasthan as a long-term growth engine and a national model for industrial decarbonisation at scale. Beyond infrastructure, Serentica is investing in community development through its EdIndia and ‘Vikas’ initiatives, with over INR 3.8 crore committed to education, teacher training and local infrastructure in Rajasthan.

As India’s C&I demand continues to rise, Serentica’s integrated renewable and storage approach is positioning Rajasthan as a critical hub in delivering reliable, affordable and sustainable power for industrial growth.