REnergy Dynamics Eyes Rs 5,000 Crore Order Book by 2029
POWER & RENEWABLE ENERGY

REnergy Dynamics Eyes Rs 5,000 Crore Order Book by 2029

REnergy Dynamics (RED) has announced its strategic entry into the renewable energy sector, with ambitious plans to secure orders totaling Rs 50 billion by 2029. The company revealed its current portfolio, boasting projects worth Rs 575 crore in various stages of execution, underscoring its commitment to sustainable energy solutions.

In a statement released on Monday, RED articulated its vision, stating, "REnergy Dynamics is targeting to close orders worth Rs 50 billion by 2029." The company outlined its core focus areas, which include large-scale bioenergy projects, engineering, procurement, and construction (EPC) services for renewable energy developers, feedstock aggregation, and supply to compressed BioGas (CBG) projects, along with manufacturing and supplying components for biogas plants.

This move underscores RED's strategic pivot towards renewable energy, aligning with global trends towards sustainable and environmentally friendly solutions. With a diverse portfolio spanning key segments of the renewable energy market, RED aims to establish itself as a significant player in the sector, contributing to India's transition towards a greener future.

REnergy Dynamics (RED) has announced its strategic entry into the renewable energy sector, with ambitious plans to secure orders totaling Rs 50 billion by 2029. The company revealed its current portfolio, boasting projects worth Rs 575 crore in various stages of execution, underscoring its commitment to sustainable energy solutions. In a statement released on Monday, RED articulated its vision, stating, REnergy Dynamics is targeting to close orders worth Rs 50 billion by 2029. The company outlined its core focus areas, which include large-scale bioenergy projects, engineering, procurement, and construction (EPC) services for renewable energy developers, feedstock aggregation, and supply to compressed BioGas (CBG) projects, along with manufacturing and supplying components for biogas plants. This move underscores RED's strategic pivot towards renewable energy, aligning with global trends towards sustainable and environmentally friendly solutions. With a diverse portfolio spanning key segments of the renewable energy market, RED aims to establish itself as a significant player in the sector, contributing to India's transition towards a greener future.

Next Story
Real Estate

Varun Malik Joins ANAROCK as MD, Head of Capital Markets, APAC

ANAROCK Capital has appointed Varun Malik as Managing Director, Head of Capital Markets (APAC), marking a strategic move to expand its presence across Asia-Pacific. Based in Singapore, Malik will drive ANAROCK’s capital markets initiatives in the region.A real estate finance veteran, Malik brings over 18 years of experience in structuring complex cross-border transactions across South-East Asia and Australia. He has led debt and equity deals for REITs, fund managers, and developers, delivering strong returns and driving investor value.“We will redefine real estate capital solutions across ..

Next Story
Real Estate

Patra Chawl lottery held, 663 families allotted homes

Mumbai's Siddharth Nagar (Patra Chawl) Co-operative Housing Society members in Goregaon (West) saw their 15-year wait come to a close as MHADA conducted a successful computerised lottery for 663 eligible members under its redevelopment scheme.The Mumbai Housing and Area Development Board conducted the draw using the RAT (Randomised Allotment of Tenement) system at Sardar Vallabhbhai Patel Hall. The lottery, overseen by Mr. Milind Borikar, Chief Officer of Mumbai Board, ensured transparency by digitally allotting each member a building, wing, and floor.The project, located on Plot R-9, received..

Next Story
Infrastructure Transport

BLR Airport crosses 41 million passengers, 500,000 MT cargo

Kempegowda International Airport, Bengaluru (BLR Airport), has recorded key operational milestones in FY 2024-25, crossing 41.88 million passengers and handling 502,480 metric tonnes of cargo. This marks a year-on-year passenger growth of 11.6 per cent and a 14 per cent rise in cargo volumes.Domestic footfall reached 36.05 million, up 10 per cent, while international traffic saw a robust 25 per cent jump to 5.83 million, aided by Indigo’s global expansion and added frequencies by international carriers. BLR Airport now connects to 76 domestic and 33 international destinations, with Hanoi set..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?