Serentica Renewables Appoints Aashish Ghai as Chief Financial Officer

19th May 2026

Gurugram, 19 May 2026: Serentica Renewables, a leading renewable energy provider in India, has announced the appointment of Aashish Ghai as its Chief Financial Officer (CFO). In this role, he will lead the company’s financial strategy, governance, investor relations, and business transformation initiatives as Serentica continues to expand its renewable energy portfolio.

With nearly a decade of experience, Aashish brings extensive expertise in leading finance organizations through periods of growth and transformation. A seasoned finance leader, his expertise spans strategic finance, controllership, business transformation, M&A, treasury, and operational finance. He has worked across sectors including power, renewable energy, manufacturing, infrastructure, and industrial services, with experience spanning listed entities, large-scale projects, and global business operations.

Commenting on the appointment, Akshay Hiranandani, CEO, Serentica Renewables, said, “Aashish joins us at a time when Serentica is focused on scaling its clean energy platform and strengthen our operational and financial capabilities. His experience across financial transformation, governance, strategic transactions, and operational finance will bring valuable perspective to our leadership team. I am confident his expertise will help strengthen our financial foundation and support the company’s next phase of growth.”

Commenting on his appointment, Aashish Ghai said, “Serentica is at a stage where the focus is on building scale with operational and financial discipline. My priority will be to strengthen financial planning, enhance governance and control frameworks, and build scalable systems that support sustainable growth. I look forward to partnering closely with the leadership team to enable execution as the company continues to expand its clean energy portfolio.”

Prior to joining Serentica, Aashish was working as a Chief Financial Officer and Whole Time Director at GE Power India Limited, where he led the company’s financial turnaround and strategic finance agenda. In this role, he partnered closely with business leadership teams to drive EBITDA growth, cash flow delivery, operational efficiency, and expansion initiatives across India and international markets.

He began his career with GE Vernova and GE Steam Power across FP&A, operations finance, project finance, supply chain finance, and separation management. During his tenure, he led multiple strategic initiatives including M&A transactions, treasury optimization, governance enhancement, investor engagement, and finance transformation programs. He also played a key role in improving operational performance, strengthening internal controls, and driving productivity initiatives across the organization.

Aashish is a Chartered Accountant from ICAI and holds a Bachelor of Commerce (Honours) degree from Hindu College, University of Delhi.

About Serentica Renewables

Established in 2022, Serentica Renewables is a leading renewable independent power producer (IPP) committed to decarbonizing hard-to-abate industries by providing firm dispatchable renewable energy (FDRE) solutions. With a vision to make renewables the primary energy source across India’s energy landscape, Serentica is driving large-scale decarbonization & contributing to the nation’s broader goals, including through government tenders. The company has achieved a significant milestone by reaching 1,700 MW of renewable energy capacity, with ongoing projects across multiple states, leveraging a mix of solar, wind, energy storage, and advanced balancing solutions. Serentica’s innovative approach ensures reliable and cost-effective green power for its growing customer base, which includes some of India’s largest energy-intensive industries. Backed by a $650 million investment from KKR, Serentica aims to supply over 50 billion units of clean energy annually, enabling the displacement of 47 million tons of CO2 emissions. With a strong pipeline of projects under development, the company is at the forefront of India’s energy transition, deploying cutting-edge technology and innovative contractual structures to accelerate the shift to sustainable power.

For more details, please visit www.serenticaglobal.com

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