Serentica Renewables Signs Power Supply Agreement with INOX Air Products
Mumbai: Serentica Renewables, a leading renewable energy provider in India, has signed a Power Supply and Consumption Agreement (PSCA) with INOX Air Products, India’s largest manufacturer of industrial gases. Under this agreement, Serentica will supply 75 MW of hybrid renewable energy to INOXAP through an Inter-State Transmission System (ISTS) project.
The agreement enables INOX Air Products to increase its renewable energy portfolio across four manufacturing sites in different states. This partnership marks a significant milestone in Serentica’s growth journey, expanding its clean energy solutions beyond state borders and enabling large-scale industrial customers to transition to sustainable operations.
Akshay Hiranandani, CEO of Serentica Renewables said, “This partnership reflects our shared commitment in driving decarbonization across India’s industrial ecosystem.” S K Jena, Head – Operations, INOX Air Products said, “This agreement is a major leap in our decarbonization journey, enabling us to significantly increase the share of renewable energy in our energy consumption mix and get closer to our Net-Zero target.”
The partnership is expected to drive decarbonization across India’s industrial ecosystem and support INOX Air Products’ commitment to sustainable practices and operational excellence.
