Serentica Renewables to add 6.5 GW green energy capacity by 2027: CEO

Green energy player Serentica Renewables plans to commission an additional 6.5 GW of renewable capacity by December 2027, a top company official has said.

With the commissioning of these projects, Serentica’s operational capacity will rise to 7.5 GW from the current 1 GW, Chief Executive Officer Akshay Hiranandani said.

The 7.5 GW target by end-2027 will include 3 GW of projects floated by government-owned Renewable Energy Implementation Agencies (REIAs). Thus, government utilities will account for 40 per cent of Serentica’s total commissioned portfolio.