Employment Demand: Work on creating jobs
May 25th, 2022; Source:
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 depart ...ReadMore
Achieving climate goals and renewable targets first requires solving the storage conundrum
May 25th, 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 expans ...ReadMore
Agility 2.0: How businesses can best negotiate a perfect storm
May 2nd, 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, co ...ReadMore
Indias Coal Crisis May Spur Shift to Clean Energy, ReNew Says
Apr 29th, 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 So ...ReadMore
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
