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Serentica Renewables to Invest $3.5 Billion by FY27; AI, Data Centers Reshaping Power Demand, Says Chairman Pratik Agarwal
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Serentica Renewables to Invest $3.5 Billion by FY27; AI, Data Centers Reshape Power Demand
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Moneycontrol
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16-03-2026, 22:08
Serentica Renewables to Invest $3.5 Billion by FY27; AI, Data Centers Reshape Power Demand
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Serentica Renewables plans to invest $3.5 billion by March 2027, with annual investments of $1.5-2 billion thereafter.
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Chairman Pratik Agarwal states AI and data centers will significantly reshape power demand and transmission infrastructure.
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Serentica targets 5,000 MW commissioned capacity by FY27, focusing on firm renewable solutions for hard-to-abate industries.
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Resonia aims to scale its assets to Rs 65,000 crore by FY27 and Rs 1 lakh crore by 2030.
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Sterlite Electric's order book stands at Rs 74,490 million, with an IPO planned for manufacturing capacity expansion.
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