Serentica Renewables to Invest $3.5 Billion by FY27; AI, Data Centers Reshape Power Demand

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