By Enersider Desk | New Delhi | 29 June 2026
Serentica Renewables has announced it will invest Rs 1 lakh crore in coming years in Rajasthan, with more than Rs 10,000 crore already deployed, according to a company statement. The state 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.
Serentica Renewables has built an operational portfolio of over 2,500 MW and an additional under-construction portfolio of over 3,000 MW. The company aims to supply 67 billion units of clean energy annually, helping abate 47 million tonnes of CO₂ emissions.
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 a BESS project in Bikaner. Phase 1 of 200 MWh battery project will ensure round-the-clock clean energy supply to industry. Phase 2 of 800 MWh battery is expected to be online over the next 3 months in the same region.
Looking ahead, Serentica plans to 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 FY 2026–27.
Beyond infrastructure, Serentica is investing in community development through its EdIndia and ‘Vikas’ initiatives, with over Rs 3.8 crore committed to education, teacher training, and local infrastructure in Rajasthan.
Serentica was established in 2022 and is backed by a $650 million investment from KKR. The company aims to supply over 50 billion units of clean energy annually, enabling the displacement of 47 million tons of CO2 emissions.
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