REnergy Dynamics (RED) has made a substantial foray into the renewable energy sector with plans to build a robust order book of Rs 5,000 crore by 2029. Currently, the company has ongoing projects worth Rs 575 crore.
RED’s strategy to secure orders includes large-scale bioenergy development, providing EPC services for renewable energy developers, supplying feedstock for CBG projects, and manufacturing biogas plant equipment. These initiatives are part of RED’s comprehensive plan to penetrate the renewable energy market.
The company is well-positioned to capitalize on new opportunities arising from its diverse service offerings in the renewable energy sector, where it holds expertise across multiple segments. This strategic move underscores RED’s commitment to growth and development in India’s rapidly evolving renewable energy landscape.
