Mumbai, July 3 -- Serentica Renewables has announced plans to invest Rs one lakh crore (Rs 1 tn) in Rajasthan's clean energy sector over the coming years, signalling a major expansion of its renewable portfolio. The company said the strategy will prioritise firm and dispatchable renewable energy solutions to enable hard to abate sectors while balancing scale, reliability and affordability. It noted that more than Rs 10,000 crore (about Rs 100 bn) has already been deployed in the state, underlining an ongoing financial commitment. Rajasthan now accounts for over 50 per cent of the group's solar portfolio, with principal assets located in Bikaner and Jaisalmer.
The firm outlined a planned renewable energy pipeline of 27,000 megawatt (MW) that will guide project development in the region and across successive phases. The company indicated that the portfolio is expected to expand to Bhadla in the next phase, which would add to its existing capacity footprint. Project planning will focus on integrating dispatchable generation and storage where required to provide reliable power to industrial and commercial users. Investment sequencing will aim to align with state infrastructure and grid readiness.
Serentica described its approach as targeting hard to abate industries through commercially viable renewable alternatives that can be dispatched as required and delivered at competitive cost. The company emphasised long term engagement with the state and said projects would be sited to leverage Rajasthan's high solar irradiance and available land. Operational assets in Bikaner and Jaisalmer were cited as demonstrators of the model that combines large scale solar with ancillary services.
Officials said the deployment to date and the planned capital allocation reflect a strategic bet on Rajasthan's role in India's energy transition and on firm renewables as a means of reducing sectoral emissions. The company positioned the investment as part of a broader pipeline intended to meet growing industrial demand for predictable, low carbon power. It added that further development would proceed in coordination with local authorities and stakeholders.
Published by HT Digital Content Services with permission from Construction World.