29th Jun 2026
New Delhi, June 29, 2026: Rajasthan is rapidly emerging as the epicentre of India’s renewable energy growth, with Serentica Renewables significantly 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 ₹1 lakh crore in coming years in the state of Rajasthan, with more than ₹10,000 crore already deployed. The state today accounts for over 50% 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 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 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 decarbonization at scale.
Beyond infrastructure, Serentica is investing in community development through its EdIndia and ‘Vikas’ initiatives, with over ₹ 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.
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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Komal Vispute
Chief Manager – Marketing Communications
komal.vispute@serenticaglobal.com