Employment Demand: Work on creating jobs


25th May, 2022


Upskilling India’s 120 Mn casual workers could boost the economy by $570 Bn by 2030 Prime minister Narendra Modi has grasped the central issue of unemployment in India with clarity and firmness when he announced the twin job schemes this month—hiring 1 million people in various government departments in 15... Read More


Achieving climate goals and renewable targets first requires solving the storage conundrum


25th May, 2022;  Source: World Economic Forum


India is racing to meet its 2030 climate goal by boosting renewable energy generation, requiring flexible battery storage systems to ensure simultaneous stability Its renewable energy ambitions will, in tandem, create jobs and boost the economy Challenges include keeping up with the rapid expansion of... Read More


Agility 2.0: How businesses can best negotiate a ‘perfect storm’


2nd May, 2022;  Source: Livemint


The tragic conflict in Ukraine tells us an unpleasant home truth The world is a far edgier place now than it has been for decades and negotiating the many issues that have cropped up in quick succession requires greater flexibility, agility and collaboration than ever before—among governments, communities,... Read More


India’s Coal Crisis May Spur Shift to Clean Energy, ReNew Says


29th Apr, 2022;  Source: Bloomberg


Shortages making coal power expensive, ReNew’s Sinha says India needs more renewables to avoid structural power deficit India’s power crisis is likely to accelerate adoption of renewables as shortages make coal-fired electricity more expensive, according to Sumant Sinha, chairman of the South Asian... Read More


India Inc will have to absorb inflation impact: ReNew Power’s Sumant Sinha


22nd Apr, 2022;  Source: Business Standard


SUMANT SINHA, chief executive officer of ReNew Power and president of industry body Assocham, said private sector capex has already started picking up, especially in sectors like power In an interview with Arup Roychoudhury, Sinha said rising inflation will impact the margins of companies who will be unable to pass on... Read More


Lessons from Ukraine crisis


17th Mar, 2022;  Source: Business Standard


It's time to cushion India from the same 'oil shock' story With depressing familiarity, geopolitical conflict has again hit economies around the world, leading to a surge in oil prices and raising the spectre of hard-won economic recoveries unravelling The tragic conflict between Russia and Ukraine saw oil prices... Read More


Battery storage has a key role in India’s green push


10th Mar, 2022;  Source: Business Line


Massive investments are needed in battery storage manufacturing Creating the right policy ecosystem is vital The momentum driving India’s transition to clean energy is accelerating From Prime Minister Narendra Modi’s commitment at COP26 to achieve 500 GW of non-fossil fuel installed electricity capacity by 2030... Read More


Green hydrogen policy is great, but we need more


25th Feb, 2022;  Source: Mint


Our new policy is expected to reduce costs and aid exports but further measures could put us on an accelerated path to success Sumant Sinha is the chairman and chief executive officer of ReNew Power and president-designate of Assocham The announcement of the first phase of India’s Green Hydrogen policy last... Read More


A green Budget for long-term strong growth: Sumant Sinha, CEO, ReNew Power


2nd Feb, 2022;  Source: Financial Express


Budget 2022, against the backdrop of a reviving economy, has started the process of creating a blueprint for steering the economy towards Amrit Kaal, a 25-year-long period of strong and sustainable growth in the buildup to India’s 100th year of independence Outlining four priority areas – PM Gati Shakti,... Read More


Sumant Sinha writes: Clean energy transition gets a boost in green budget


2nd Feb, 2022;  Source: Money Control


The five key announcements are: an increase in the PLI scheme outlay for solar manufacturing; a boost to the energy storage ecosystem; creation of climate financing avenues; welcome power sector reforms; and a continued focus on energy access via decentralized clean energy India needed a budget that accelerated its... Read More