Serentica to Install 1500MW Hybrid Wind & Solar Projects Pan India; to Supply 600MW RTC Renewable Power to Vedanta

Green energy company Serentica Renewables has launched a renewable energy platform in India, aiming to provide round-the-clock (RTC) carbon-free power to large energy consumers in the country.
 
Serentica Renewables is an arm of Twinstar Overseas Ltd which also owns controlling stakes in Sterlite Power Transmission and Sterlite Technologies.
 
The company is also planning to install ~1500 MW of hybrid (solar and wind) power projects across multiple sites in Karnataka, Rajasthan, and Maharashtra states, where the company has already acquired connectivity approvals.
 
Out of the entire 1500 MW of round-the-clock clean energy approx 600 MW of renewable power would be supplied to various entities of the Vedanta Group.
 
Moreover, the company is expected to commission the projects in 24 months, subject to statutory approvals.
 
Besides, the company is also willing to participate selectively in Government tenders subject to the project having synergies with its overall focus of providing direct green energy solutions to commercial and industrial (C&I) customers.
 
The company in a statement said, “Serentica is committed to reversing climate change by decarbonising energy-intensive industries such as Steel, Cement, Aluminium and Zinc. Industries account for over 30% of total carbon emissions. In India, most of the electricity demand of industrial consumers is met through thermal sources. We want to take advantage of the best-in-class policy framework rolled out by the Government of India to promote green energy in the C&I (Commercial & Industrial) sector.”
 
Although in the medium-term, the company is targeting to install 5,000 MW of carbon-free generation capacity coupled with different storage technologies. Eventually, it aims to supply over 15 billion units of clean energy annually and displace 20 million tonnes of CO₂ emissions.