Sterlite Power, a private power transmission provider owned by the Vedanta Group, is launching a sister company to build renewable energy projects serving commercial and industrial consumers (C&I).
Serentica Renewables will build 1.5 Gigawatt (Gw) of solar, wind and energy storage capacity in Karnataka, Maharashtra and Rajasthan. 'Business Standard' reported in July that Sterlite will form a new platform for providing green energy to industrial consumers.
Pratik Agarwal, Sterlite Power's managing director and spokesperson for Serentica, said close to 600 Mw of the round-the-clock green power would be supplied to Vedanta Group as part of the “company’s