Serentica Renewables on Monday mentioned it has signed a pact with INOX Air Merchandise to produce 75 MW of hybrid renewable vitality.
The 75 MW of hybrid vitality will considerably improve INOX Air Merchandise’ renewable vitality portfolio, spanning 4 of its key manufacturing websites in 4 completely different states, an announcement mentioned.
In line with the assertion, Serentica Renewables, a number one renewable vitality supplier in India, has signed a Energy Provide and Consumption Settlement with INOX Air Merchandise, India’s largest producer of commercial, digital and medical gases.
Underneath this settlement, Serentica will provide 75 MW of hybrid renewable vitality to INOXAP — its marquee buyer — by means of Inter-State Transmission System undertaking, enabling aggressive tariffs and versatile energy utilization throughout a number of places in several states, it acknowledged.
This settlement marks a major milestone in Serentica’s progress journey because it expands its clear vitality options past state borders, enabling large-scale, multi-location industrial clients to transition to sustainable operations.
Serentica Renewables CEO Akshay Hiranandani mentioned within the assertion, “The dimensions and inter-state nature of this undertaking showcases our evolving capabilities to ship agency, dependable, and geographically versatile clear vitality to giant enterprises. This undertaking represents a serious step ahead in enabling giant industrial clients like INOX to seamlessly transition to sustainable operations throughout the nation.”
S Ok Jena, Head, Operations, INOXAP, mentioned within the assertion, “This settlement with Serentica is a serious leap in our decarbonisation journey, as this might allow us to considerably improve the share of renewable vitality in our vitality consumption combine and get nearer to our net-zero goal.”
Serentica’s hybrid renewable options combine wind, photo voltaic, and storage property to make sure 24X7, dependable clear energy supply. By way of such partnerships, Serentica continues to speed up the decarbonization of hard-to-abate sectors and contribute to India’s broader net-zero ambitions.
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