Serentica Renewables has announced plans to invest Rs.1 lakh crore (Rs.1 trillion) in the coming years in Rajasthan, with more than Rs.10,000 crore already deployed.
In a release, Serentica said that the state today accounts for over 50 per cent 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.
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 release said.
The company’s strategy is focused on enabling hard-to-abate sectors with firm, dispatchable renewable energy solutions that combine scale, reliability and affordability.
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 200 MWh Bikaner battery project will ensure consistent round-the-clock clean energy supply to industry. Phase 2 of 800 MWh battery is expected to be online over next 3 months. Phase-2 adds another 800 MWh within next quarter in the same Bikaner region.
Looking ahead, Serentica plans expand its Fatehgarh solar platform with an initial 1,270 MWp, followed by an additional 500 MWp and Battery system of 2,500 MWh in FY27. These investments reaffirm the company’s confidence in Rajasthan as a long-term growth engine and a national model for industrial decarbonization at scale.
Featured photograph (source: serenticaglobal.com) is for representation only