REnergy Dynamics (RED) has announced its entry into the renewable energy sector , while it plans to achieve a targeted order book of Rs 5,000 crore by 2029. The company, currently holds 575 crore worth of projects under various stages of execution.
The company aims to secure orders through large-scale bioenergy projects, EPC services to renewable energy developers, feedstock aggregation for CBG projects, and manufacturing of biogas plant components.
These opportunities will emanate from four focus areas, namely large-scale bioenergy projects, engineering, procurement, and construction (EPC) services to renewable energy developers, feedstock aggregation and its supply to compressed biogas (CBG) projects, and includes manufacturing and supply of biogas plant components.