In a significant move to accelerate industrial decarbonisation in India, Serentica Renewables, a leading clean energy provider, has signed a Power Supply and Consumption Agreement (PSCA) with INOX Air Products (INOXAP), the country’s largest manufacturer of industrial, electronic, and medical gases. Under the agreement, Serentica will supply 75 MW of hybrid renewable energy to INOXAP across multiple locations using the Inter-State Transmission System (ISTS).
The deal marks a major milestone in Serentica’s mission to deliver scalable, reliable, and flexible clean energy solutions to large industrial consumers. The hybrid project will expand INOXAP’s renewable energy portfolio across four key manufacturing facilities located in different states, significantly enhancing the company’s sustainability footprint.
Akshay Hiranandani, CEO of Serentica Renewables, expressed confidence in the transformative potential of the partnership. “This project reflects our shared commitment to driving decarbonisation across India’s industrial ecosystem. Its inter-state and multi-location nature highlights our growing capability to provide firm and geographically flexible clean energy solutions to large enterprises,” he said.
The agreement underscores a broader shift within Indian industry toward sustainable energy adoption, aligning with national net-zero goals. With its integrated approach combining wind, solar, and energy storage, Serentica’s hybrid solutions aim to provide round-the-clock renewable energy—crucial for energy-intensive sectors aiming to reduce their carbon footprint.
SK Jena, Head – Operations (LASU & Onsite Plants) at INOX Air Products, welcomed the development. “With decarbonisation as a priority, we are integrating sustainability into every facet of our operations. This agreement marks a major leap forward in our journey to Net-Zero, allowing us to substantially increase our renewable energy usage while maintaining operational excellence,” he stated.
