Category: Uncategorized

  • KP Group Appoints Prof. Sunil Kumar Maheshwari as Vice-Chairman

    Prof. Sunil Kumar Maheshwari has been appointed as the Vice-Chairman of KP Group. In addition, he has joined the Board of Directors of the Group’s three listed companies: KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited.

    Prof. Sunil Kumar Maheshwari brings nearly four decades of experience across academia, public sector leadership, and industry engagement. He has advised a wide range of organizations across the power, energy, infrastructure, banking, healthcare, logistics, and manufacturing sectors, among others. The power and energy sector has been a significant area of his professional engagement.

    His consulting, advisory, and research work has focused on strategic transformation, leadership development, organizational restructuring, human capital development, governance, and business turnaround. He has worked with public sector enterprises, multinational corporations, large business groups, government organizations, and international institutions.

    An alumnus of IIT Delhi and IIM Ahmedabad, he has served on the boards of institutions including UCO Bank, Andhra Bank, and NTPC School of Business.

    He was the Professor of Human Resource Management and Strategy at IIM Ahmedabad, where he previously served as Dean (Alumni and External Relations) as well. Before joining IIM Ahmedabad, he served on the faculty of the National Academy of Indian Railways and the Indian Institute of Management Lucknow.

    From 2009 to 2013, Prof. Sunil Kumar Maheshwari served as Advisor to the Minister of Human Resource Development, Government of India. His contributions have been recognized through several honours, including the Gold Medal for Excellence in Service from the National Academy of Indian Railways.

    Prof. Sunil Kumar Maheshwari’s induction to the Board brings together decades of academic expertise, governance, restructuring & turnaround experience, and corporate boardroom exposure, further reinforcing KP Group’s leadership bench at a pivotal stage in its journey.

    Dr. Faruk Patel, Chairman & Managing Director, KP Group, stated, “It gives me immense pleasure to welcome Prof. Sunil Kumar Maheshwari to our Board as Vice-Chairman. I have known him for a long time now and have been personally working with him for past 1 and a half years. Over the years I have come to deeply respect his clarity of thought, his depth of experience, and his commitment to building institutions that lasts. His career reflects a rare combination of academic rigor, governance, and boardroom expierience across some of India’s most respected institutions. As the organization grows in scale and complexity, his counsel on governance, strategy, and people will be invaluable in shaping how we build for the future. I am confident that his counsel will help us build stronger systems, sharper decision-making, and a leadership culture capable of sustaining our growth for the years ahead. On behalf of the entire KP Group family, I extend a very warm welcome to Prof. Sunil Kumar Maheshwari.”

  • ICC Forum Highlights Critical Minerals Strategy to Strengthen India’s Metals and Steel Supply Chain

    The Indian Chamber of Commerce (ICC) hosted the 15th edition of its India Minerals & Metals Forum (Ferrous & Non-Ferrous) in New Delhi, bringing together senior government officials, policymakers, mining companies, steel manufacturers, and industry experts to discuss strategies for building a secure and self-reliant critical minerals supply chain as India’s metals sector prepares for significant expansion.

    Held under the theme “Minerals to Metals,” the forum focused on strengthening domestic capabilities in critical minerals, improving recycling and resource recovery, advancing sustainable mining, and enhancing global competitiveness across the steel and non-ferrous metals value chain.

    Delivering the opening address, Dr. Pankaj Satija, Chairperson of ICC’s National Expert Committee on Minerals & Metals, highlighted the strategic importance of critical minerals in supporting India’s clean energy transition, electric mobility, defence, healthcare, and advanced manufacturing sectors. He noted that India’s list of critical minerals has expanded to 31 with the recent inclusion of coking coal and said the government is simultaneously accelerating domestic exploration, promoting recycling of electronic waste, and encouraging recovery of valuable minerals from industrial waste streams such as steel slag and fly ash.

    Dr. Satija said more than 500 mineral blocks are currently under exploration, while international collaborations with countries including the United States and Argentina are helping diversify India’s supply chain. He added that recent initiatives such as the India-US FORGE and PACT partnerships have strengthened cooperation in areas including lithium refining, cathode materials, recycling, synthetic graphite production, and critical mineral processing.

    Speaking on policy priorities, Anupam Lahiri, Programme Director at NITI Aayog, said recycling represents India’s most immediate opportunity to reduce dependence on imported critical minerals, as domestic exploration will require several years before commercially viable reserves become available. He emphasized that electronic waste, battery waste, mine overburden, and tailings can become valuable secondary sources of critical minerals if supported by favourable policies, commercial incentives, and advanced recovery technologies.

    Lahiri also revealed that NITI Aayog has constituted a technical committee involving Coal India, Singareni Collieries, Jindal Steel, and Adani to evaluate the recovery potential of critical minerals from mine overburden and tailings. He cited Neyveli Lignite Corporation’s successful recovery of rare earth elements from fly ash as a notable example of the country’s growing waste-to-resource capabilities. However, he acknowledged that policy issues related to royalties on recovered minerals remain unresolved. He further noted that Khanij Bidesh India Ltd. (KABIL) continues to pursue overseas mineral assets in Australia, Argentina, and the United States, although local processing requirements in several countries present challenges for downstream value addition in India.

    Linking critical minerals to India’s long-term industrial ambitions, Sushanta Kumar Mishra, Executive In-charge of Tata Steel’s Ferro Alloys & Minerals Division, said the country’s steel production is targeted to increase from the current 150–160 million tonnes to 300 million tonnes by 2030 and 500 million tonnes by 2047. He said Tata Steel plans to expand its production capacity from around 24 million tonnes to 40 million tonnes while increasing the share of value-added ferroalloy products to nearly 80 percent of its portfolio. Mishra also highlighted ongoing research at Tata Steel’s Sukinda Valley operations on recovering nickel and cobalt from chromite overburden, where successful nickel pig iron trials have already been completed. He called for greater regulatory clarity regarding the classification of minerals recovered from mine overburden.

    Providing an industry perspective, Tushar Chakraborty, Executive Director at Deloitte Touche Tohmatsu India LLP, stressed that India’s minerals and metals sector must focus not only on expanding production capacity but also on improving productivity, cost competitiveness, and supply chain resilience. He said achieving India’s ambitious steel and metals targets for 2030 and 2047 would require secure access to raw materials and a resilient ecosystem capable of supporting long-term industrial growth.

    Addressing the role of technology in mineral processing, N. D. Rao, President-Projects at Atha & Amalgam Steel Group, explained how variations in iron ore quality significantly influence processing efficiency and production costs. He highlighted emerging reduction roasting technologies capable of upgrading lower-grade iron ores into higher-quality magnetite and referred to successful research initiatives involving bioleaching, silver recovery from zinc processing waste, and lithium extraction from electronic waste as examples of India’s growing “waste-to-wealth” potential. He also observed that the country’s rare earth resources contained in beach sands remain underutilised due to limited private sector participation.

    Speaking on sustainable mining, R. R. Sathpathy, Executive Director-Exploration and Beneficiation at Lloyds Metals & Energy, outlined the transformation of the company’s Surjagad iron ore mine in Maharashtra’s Gadchiroli district into a fully electrified mining operation. He said the deployment of battery-powered mining equipment has reduced carbon emissions from approximately 11–12 kilograms per tonne to around 3–3.5 kilograms per tonne, with emissions expected to decline further after commissioning a planned 110 MW solar-wind hybrid power project later this year.

    Sathpathy also highlighted the company’s ongoing 45-million-tonne beneficiation plant, being developed in three phases, with the first 15-million-tonne module expected to become operational by September 2027. He noted that beneficiation technologies have significantly expanded the mine’s economically recoverable resource base while contributing to local socio-economic development through employment generation, education, and healthcare infrastructure.

    The discussions at the forum underscored the growing consensus that India’s ambitions in steel manufacturing, clean energy, and advanced industries will increasingly depend on securing reliable access to critical minerals through a combination of domestic exploration, technological innovation, recycling, responsible mining, and international partnerships.

  • Icon Solar Celebrates 12 Years of Advancing India’s Solar Manufacturing Journey

    Icon Solar has marked 12 years of operations, celebrating its journey as one of India’s growing solar module manufacturers while reaffirming its commitment to delivering high-efficiency solar technology backed by long-term reliability.

    Commemorating the milestone, the company thanked its customers, partners, and employees for their continued trust and support over the past 12 years. Icon Solar stated that its products are backed by performance warranties of up to 30 years, providing customers with long-term energy savings and greater confidence in their solar investments.

    Founded in 2014 in Raipur, Chhattisgarh, Icon Solar has steadily expanded its manufacturing capabilities from an initial 20 MW production capacity to an annual manufacturing capacity of 600 MW. The company is also advancing its expansion plans with a projected 2.6 GW module manufacturing capacity and 1.2 GW solar cell manufacturing capacity, reflecting its focus on strengthening India’s domestic solar manufacturing ecosystem.

    The company manufactures high-efficiency photovoltaic modules featuring advanced technologies, including N-type TOPCon panels, and serves residential, commercial, industrial, and utility-scale solar projects. Icon Solar says its products are engineered for high efficiency, durability, and long-term performance while complying with industry standards and certifications.

    Looking ahead, Icon Solar said it remains committed to accelerating India’s clean energy transition through continued innovation, advanced manufacturing, and sustainable solar solutions. The company aims to support the country’s renewable energy ambitions by delivering reliable, high-performance solar technologies that enable homes, businesses, and communities to adopt clean energy with confidence.

  • Crompton Greaves Wins INR 29.77 Crore MSEDCL Order for 1,397 Solar Water Pumping Systems

    Crompton Greaves Consumer Electricals Limited has secured a contract worth approximately INR 29.77 crore from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the deployment of off-grid solar photovoltaic water pumping systems across Maharashtra under the MTSKPY/PM-KUSUM-B scheme. The company disclosed the development in a regulatory filing on July 2, 2026.

    Under the contract, Crompton will design, manufacture, supply, transport, install, test and commission 1,397 off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across the state. The scope of work also includes a complete system warranty, repair and maintenance services, and a remote monitoring system (RMS) for a period of five years.

    The order, awarded by domestic utility MSEDCL, has an estimated value of approximately INR 29.77 crore, excluding GST. According to the filing, the project is scheduled to be completed within 60 days from the issuance of the Notice to Proceed (NTP) or work order.

    The company also confirmed that neither its promoters nor promoter group entities have any interest in MSEDCL and that the contract does not qualify as a related-party transaction.

  • Gautam Solar Adds Another Milestone with SA8000:2014 Certification Achievement

    Gautam Solar Private Limited, one of the leading solar module manufacturers in India, has achieved the SA8000:2014 certification, a globally recognised standard. It reflects the company’s commitment towards responsible business practices, along with ethical operations and social accountability.

    It confirmed that Gautam Solar’s management system meets the requirements of the SA8000:2014 International Standard. The company’s manufacturing and supply operations for solar photovoltaic modules and related components are covered in this certification standard. It includes areas such as quality testing and inspection, procurement and supplier management, warehousing, logistics, HR and administration.

    The SA8000 certification is an internationally recognised standard for organisations that implement responsible management systems and demonstrate effective workplace practices and standards of care for their employees. This certification is another step toward Gautam Solar’s continued focus on developing a sustainable and people-oriented organisation while reinforcing its commitment to international best practices throughout its operations.

    Speaking about the achievement, Gautam Mohanka, Managing Director, Gautam Solar, said, “The sustainability approach is not just limited to creating our energy solution; it is also reflected in the way we operate and build our organisation. Receiving the SA8000:2014 certification is a huge honour for us, as it recognises our efforts in creating a responsible workplace that is built through ethical practices and respect for all stakeholders.”

    The SA8000:2014 certification demonstrates Gautam Solar’s commitment to being an accountable and responsible participant in renewable energy in India through the combination of operational excellence with international benchmarks of social responsibility and an emphasis on sustainability. With this milestone, the company is fulfilling its vision of providing quality solar solutions while upholding core values of integrity and reliability through the process of responsible manufacturing.

  • India Exported More Than 12000 Cr. Worth of Wind Turbines and Components in FY25-26

    The Indian Wind Turbine Manufacturers Association (IWTMA) has unveiled a report titled “Elevating India’s Wind Turbine Exports for Global Markets”, outlining a comprehensive roadmap to position India as a leading global exporter of wind turbines and components. The report comes at a time when India’s wind manufacturing industry is witnessing significant growth, with an installed manufacturing capacity of around 24 GW per annum, while the domestic market is projected to add approximately 10 GW of new capacity annually.

    According to IWTMA, India’s wind industry is already exporting an estimated 4–6 GW of wind turbine components every year. While the country installed a record 6.1 GW of wind capacity during FY25-26, exports of wind turbines and components surpassed INR 12,000 crore during the same period, representing nearly a 50 percent increase from INR 8,200 crore recorded in FY24-25, based on data from the IWTMA database.

    The report highlights that with the global wind market expected to reach nearly 212 GW of annual installations by 2030, exports should evolve from being an opportunity into the primary growth driver for India’s wind sector. However, it notes that several structural barriers continue to limit India’s export potential and require targeted policy interventions.

    One of the key recommendations focuses on strengthening India’s export finance and incentive framework. The report states that unlike major wind manufacturing nations such as Denmark, Germany, China, and the United States, India currently lacks an export-linked manufacturing incentive for wind turbines. This places domestic manufacturers at a competitive disadvantage due to higher production costs, limited access to long-term export financing, and insufficient buyer-side risk mitigation. To address these challenges, IWTMA recommends introducing an Export-Linked Wind Manufacturing Incentive (EL-WMI) linked to either installed capacity or turnover for a period of five to seven years. It also proposes the establishment of an Indian Wind Export Finance Facility (I-WEFF) through EXIM Bank or IREDA to provide long-tenor buyer’s credit, supplier financing, and local currency lending in emerging markets. In addition, the report calls for an Export Credit Agency-backed payment deferral mechanism with sovereign guarantees to enable Indian manufacturers to offer deferred payment terms in international projects. Reinstating the Interest Equalisation Scheme for the wind sector and classifying wind turbine exports as project exports are also identified as immediate priorities.

    The report further emphasizes the need to deepen localisation across the wind manufacturing supply chain. Although assembly-level localisation has reached approximately 70 percent, system-level localisation remains around 50 percent due to continued dependence on imported high-value components such as generators, converters, and specialty castings. To reduce supply chain vulnerabilities and improve cost competitiveness, the report recommends introducing manufacturing-linked incentives tailored specifically for wind components under the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM) framework. It also advocates duty rationalisation on specialty steel, development of supplier clusters near major ports, stronger collaboration between original equipment manufacturers and small and medium enterprises, and easier access to collateral-free financing for Tier-2 suppliers. Diversifying the sourcing of rare-earth magnets and investing in magnet-light drivetrain technologies are also highlighted as strategic measures to reduce reliance on China-dominated supply chains.

    Addressing certification challenges is another major focus of the report. It notes that the absence of an IECRE-recognised certification body in India creates significant barriers to export bankability, resulting in higher financing costs and limited participation in regulated international markets. The report recommends that the National Institute of Wind Energy (NIWE), which already holds NABCB and NABL accreditation, establish an independent certification division and pursue IECRE membership. It also proposes government support for internationally recognised certifications such as IEC, UL, and DNV, alongside the introduction of an ALMM Export Track to facilitate certification specifically for export-oriented turbines without affecting the domestic approval process.

    On the technology front, the report warns that Indian manufacturers continue to focus largely on 2–3 MW turbine platforms, while international demand is increasingly shifting towards advanced 5 MW and larger turbines equipped with smart technologies, predictive maintenance capabilities, and lower levelised cost of energy. To bridge this gap, IWTMA recommends launching a dedicated Wind Research and Development Mission with government support to co-develop 4–6 MW turbine platforms in partnership with global technology leaders. Priority research areas include advanced blade aerodynamics, adaptive control systems, digital twin technologies, predictive maintenance solutions, automated manufacturing processes, next-generation blade materials, and improved gearbox and converter testing infrastructure. The report estimates that increasing localisation to 80–85 percent through focused research and development could reduce component costs by up to 20 percent.

    The report also underscores the importance of establishing a robust global service and after-sales support network. It recommends developing regional service hubs and decentralised spare parts logistics centres across priority export markets, including South Africa, Australia, the Philippines, and Central Asia. Building local technical expertise through Global Wind Organisation (GWO) training, deploying specialised mobile maintenance teams, and implementing SCADA-based remote monitoring combined with artificial intelligence-driven predictive maintenance are identified as essential for building long-term customer confidence and strengthening India’s position as a full-lifecycle wind solutions provider.

    To improve international visibility, IWTMA proposes a coordinated ‘Brand India Wind’ initiative aimed at strengthening India’s global reputation as a reliable wind manufacturing destination. The strategy would focus on promoting manufacturing quality, adherence to international standards, and competitive lifecycle costs through participation in global trade exhibitions, government-led trade missions, digital marketing campaigns, and strategic partnerships with engineering, procurement and construction companies, utilities, and development finance institutions. The report also recommends regular assessment of international market perception through surveys and analytical tools to ensure continuous improvement.

    Finally, the report advocates stronger strategic partnerships to accelerate market entry and technology collaboration. It encourages Indian wind turbine manufacturers to pursue joint ventures, co-manufacturing arrangements, regional service partnerships, and revenue-sharing models in priority export markets. It also highlights the need for greater utilisation of government trade missions and diplomatic channels to facilitate international partnerships and strengthen India’s presence in the rapidly expanding global wind energy market.

  • Hero MotoCorp Lays Foundation Stone for Second Global Parts Centre in Tirupati with INR 3,200 Crore Investment Roadmap

    Reinforcing its commitment to sustainable growth and community empowerment, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reached a pivotal milestone in its nation-building mission with the Foundation Stone Laying Ceremony for its second Global Parts Centre (GPC) in Tirupati, Andhra Pradesh.

    This landmark facility, representing a significant investment of over Rs 750 crores, serves as the foundation of an expansive Rs 3,200 crore plus investment roadmap. The investment is aimed at transforming Tirupati into a world-class manufacturing and electric mobility hub, while strengthening Hero MotoCorp’s global supply chain and reinforcing India’s position in the automotive and EV ecosystem.

    Shri N. Chandrababu Naidu, Hon’ble Chief Minister, Andhra Pradesh, said, “Hero MotoCorp has been a valued partner in Andhra Pradesh’s growth journey, and particularly in the transformation of Rayalaseema. Its decision to establish the Global Parts Centre in Tirupati is a strong endorsement of our state’s progressive policies, world-class infrastructure, investor-friendly ecosystem, and our commitment to the Speed of Doing Business. Over the years, Hero MotoCorp’s presence has generated thousands of jobs, strengthened local supply chains, enhanced skills, and accelerated economic growth across Rayalaseema and Andhra Pradesh. We are delighted to see this partnership grow even stronger.

    This landmark investment will create new opportunities for our youth, strengthen the industrial economy of Rayalaseema, and further establish Tirupati as one of India’s leading manufacturing, mobility and logistics hubs. As Rayalaseema emerges as a major centre for industry, innovation and advanced manufacturing, partnerships like these will play a defining role in shaping its future. We deeply appreciate Hero MotoCorp’s continued trust in Andhra Pradesh and look forward to working together to build a future-ready, globally competitive industrial ecosystem that drives innovation, creates quality employment, and delivers
    sustainable prosperity for all.”

    Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp said, “At Hero MotoCorp, we have always believed that business growth and nation-building go hand in hand. The foundation stone of our second Global Parts Centre in Tirupati marks an important milestone in our journey and reflects our deep confidence in India’s future and Andhra Pradesh’s vision for growth. By transforming Tirupati into a future-ready manufacturing and electric mobility hub, this investment will enhance our global supply chain, support our expansion across markets, and reaffirm our commitment to ‘Made in India, for India and the World.’

    It is deeply meaningful to mark this milestone on the birth anniversary of my father, our Founder and Chairman Emeritus, Dr. Brijmohan Lall Munjal. He believed in building enduring institutions and always preparing for the future. It is deeply meaningful to mark this milestone on the 103rd birth anniversary of my beloved father, our Founder and Chairman Emeritus, Dr. Brijmohan Lall Munjal. A true visionary, he championed the belief that great institutions are not just built to survive the present but are actively sculpted to lead the future. This Centre is a humble tribute to his vision, values and enduring belief in India’s potential. I am certain that this new Centre will proudly carry forward his legacy of enterprise, purpose and service to the nation.”

    The upcoming Global Parts Centre will serve as a strategic nerve centre for Hero MotoCorp’s domestic and international spare parts operations. 100% of our electric vehicle portfolio is entirely designed, engineered and manufactured in the Tirupati plant. With this investment, the plant’s annual production capacity is expected to scale aggressively to 1.2–1.5 million units, further strengthening Tirupati’s position as one of India’s premier manufacturing hubs for future mobility.

    The expansion is expected to generate around 4,000 employment opportunities. This job creation aligns with both the national vision of Viksit Bharat 2047 and the Government of Andhra Pradesh’s SwarnAndhra vision. Beyond employment, this Global Parts Centre will act as an economic catalyst to deliver sustained benefits in the region.

  • Coal India Secures LoA for 600 MW Solar Projects at Uttar Pradesh’s Jalaun Solar Park

    Coal India Limited (CIL) has received a Letter of Award (LoA) from Bundelkhand Saur Urja Limited (BSUL) for the development of two utility-scale solar power projects with a combined capacity of 600 MW at the Jalaun Solar Park in Uttar Pradesh. The projects, comprising two 300 MW solar plants, have been awarded at a tariff of INR 2.73 per kWh.

    The total investment for the project is estimated at approximately INR 2,831.11 crore. According to the company, the solar plants are expected to be commissioned within 18 months from the signing of the Power Purchase Agreement (PPA). Prior to execution, Coal India will complete the required documentation and agreements, including the Implementation Support Agreement (ISA) and Land Rights Usage Agreement (LRUA), along with the necessary solar park development formalities.

    The latest award further strengthens Coal India’s diversification into renewable energy as the company accelerates its clean energy expansion strategy. CIL has set a target of achieving 3 GW of renewable energy capacity by FY2028, with plans to scale this up to 9.5 GW by FY2030.

    Beyond solar, the company has also been expanding its footprint in the battery energy storage segment. Recently, Coal India secured multiple Battery Energy Storage System (BESS) projects in Odisha and Telangana, reinforcing its broader strategy of building a diversified renewable energy portfolio alongside its conventional energy business.

  • Solarium Green Energy’s Order Book Reaches INR 852.28 Crore as of June 30, 2026

    Solarium Green Energy Limited has announced that its total order book stood at INR 852.28 crore as of June 30, 2026, reflecting a strong pipeline of engineering, procurement and construction (EPC) projects and solar product supply contracts across India.

    According to the company, the order book comprises mandates secured across its EPC operations and solar product supply business, with work received and pending execution from utility-scale, government, institutional, residential, commercial, and industrial customers.

    Ground-mounted solar projects account for the largest share of the order book at INR 467.50 crore, highlighting the company’s growing focus on utility-scale renewable energy developments. Solar module supply contributes INR 310.47 crore, while the remaining INR 74.31 crore comes from other business segments.

    The company stated that the composition of its order book reflects the increasing contribution of large-scale EPC projects within its overall portfolio. It also strengthens Solarium Green Energy’s position in the utility-scale, government, and institutional solar market, while complementing its established presence in the residential, commercial, and industrial segments through the sale of solar PV modules, inverters, and ABT meters.

    With a diversified project pipeline and expanding presence across multiple customer segments, Solarium Green Energy continues to strengthen its footprint in India’s rapidly growing renewable energy sector.

  • Serentica Renewables Achieves 3 GW Commissioned Renewable Energy Capacity

    Serentica Renewables, a leading renewable energy provider in India, announced the commissioning of 3 GW of renewable energy capacity, marking a significant milestone achieved within just 26 months of commissioning its first renewable project.

    The milestone marks a significant step in Serentica’s mission to accelerate industrial decarbonization through reliable, scalable and sustainable clean energy solutions. The commissioned portfolio comprises a diversified mix of solar and wind assets across key renewable energy rich states, having commissioned more than 500 MW of wind capacity across Maharashtra and Karnataka, supplying clean power to leading commercial and industrial customers.

    The 3 GW portfolio is expected to generate approximately 6 billion units of clean electricity annually, helping avoid nearly 5.6 million tonnes of carbon dioxide emissions every year. The achievement comes at a pivotal moment in India’s energy transition as industries increasingly seek dependable renewable energy solutions to meet sustainability commitments, enhance competitiveness and drive long term growth.

    Akshay Hiranandani, CEO, Serentica Renewables, said, “Achieving 3 GW of commissioned renewable energy capacity in just 26 months is a defining milestone in Serentica’s journey. It reflects the strength of our execution capabilities, the trust of our customers and partners and the dedication of our teams. Every project we commission brings us closer to our vision of enabling large scale industrial decarbonization through reliable clean energy. As India’s industries continue their transition towards a more sustainable future, we remain focused on delivering innovative energy solutions that combine sustainability, reliability and scale.”

    Looking ahead, Serentica remains committed to accelerating India’s energy transition by building future ready clean energy infrastructure. The company is currently constructing another 3 GW of renewable energy and storage capacity, which is expected to be commissioned over the next 12 to 15 months, further strengthening its ability to provide dependable, sustainable power to industrial consumers across the country.

    Over the last two and a half years, Serentica has built a strong renewable energy portfolio tailored to the evolving needs of energy intensive sectors such as metals, mining, manufacturing, textiles etc. Through an integrated mix of solar, wind and energy storage solutions, the company is enabling round-the-clock renewable energy supply, helping customers reduce their carbon footprint while ensuring operational reliability. The company continues to expand its renewable energy and energy storage portfolio to deliver reliable green power at scale.