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( As on 13/10/2025 14:49)

Serentica Renewables to set up 170 MW solar-wind hybrid project for MRF

Serentica Renewables has announced plans to develop a 170 MW solar-wind hybrid project to supply captive renewable power to tyre manufacturer MRF Ltd.

A special purpose vehicle (SPV) has been formed for the project, with MRF holding a minority captive stake and the remaining ownership retained by Serentica, the company said in a statement.

Serentica has also signed a long-term Power Purchase Agreement (PPA) with MRF under the captive power framework, aimed at ensuring sustainable, reliable clean energy supply for the company’s operations.