Vardhman Textiles will invest ₹41.85 crore for a minimum 26% equity stake in Serentica Renewables India 32 Private Limited, securing 27 MW wind-solar hybrid power for its Himachal Pradesh facilities. The SPV, incorporated June 29, 2025, will develop 40 MW wind in Karnataka and 40 MWp/30 MW solar in Rajasthan, connected via ISTS grid.
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