Serentica Renewables has been awarded the “Renewable Energy Platform of the Year” at The Asset Triple A Sustainable Infrastructure Awards 2023.
With a focus on decarbonising the commercial and industrial segment in India, Serentica has secured $650 million in investment commitments from global investment firm KKR. The company plans to install 4000 MW of renewable energy capacity, delivering clean energy to large-scale industrial customers and aiming to supply over 40 billion units of clean energy annually while displacing 37 million tonnes of CO2 emissions. Through recent Power Delivery Agreements, Serentica will provide round-the-clock green energy to leading industrial customers, and is developing solar and wind power projects across Karnataka, Rajasthan, and Maharashtra. The recognition by The Asset underscores Serentica’s commitment to sustainable energy solutions for energy-intensive industries.
Pratik Agarwal, Director, Serentica Renewables, expressed that this award is a recognition of Serentica Renewables’ commitment to decarbonise the industrial sector in India. The company firmly believes that renewable energy is the key to a sustainable future, and Serentica is proud to be playing a vital role in making it a reality.