India Inc will have to absorb inflation impact: ReNew΄s Sumant Sinha
Apr 22nd, 2022; Source: Business Standard
SUMANT SINHA, chief executive officer of ReNew 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 un ...ReadMore
Mar 17th, 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 ...ReadMore
Battery storage has a key role in Indias green push
Mar 10th, 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 electricit ...ReadMore
Green hydrogen policy is great, but we need more
Feb 25th, 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 ...ReadMore
A green Budget for long-term strong growth: Sumant Sinha, CEO, ReNew
Feb 2nd, 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 Ga ...ReadMore
Sumant Sinha writes: Clean energy transition gets a boost in green budget
Feb 2nd, 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 tha ...ReadMore
Clean, Green and Go! A Budget needed for India's historic energy transition
Jan 31st, 2022; Source: Economic Times
If the past year and the beginning of this one tell us something, it is that the FY23 budget could well have a strong clean energy and sustainability orientation. The tone has already been set. Earlier this month, Narendra Modi called for a ‘Pro-Planet People’ approach at a virtual Davos summit. ...ReadMore
A must-surge year for climate goals
Jan 6th, 2022; Source: Business Standard
Cometh the hour, cometh the sector. The year 2022 will be critical for India’s renewable energy industry if it is to hit the country’s ambitious 2030 and 2070 climate goals. If we don’t ramp up the tempo in 2022, it will make the targets more difficult to reach in each succeeding year. The goa ...ReadMore
Clean energy prospects beyond the 100GW milestone
Sep 21st, 2021; Source: Mint
Today, India is a global powerhouse of renewable energy. Despite the covid pandemic, steady growth has helped us cross the 100 gigawatt (GW) target of installed capacity (excluding large hydro projects). This is a momentous achievement for India as well as the world, as it helps bring our carbon emi ...ReadMore
Sep 5th, 2021; Source: Business Today
India is set to witness a boom in the electricity sector. As things stand, India ranks third globally in both electricity production and consumption. However, our per-capita consumption is a shade over 1,200 kWh (kilowatt-hours), which is a third of the global average, a quarter of China’s and a t ...ReadMore
