More policy incentives needed to sustain growth in renewables
Sep 23rd, 2020; Source: Business Today
India’s target of 450 Gigawatt (GW) of solar power by 2030 is a realistic target as the sector had a 5-year compounded annual growth rate (CAGR) of 22 percent until now and in the next two years likely to have about 27 per cent growth” India’s vibrant renewable energy sector requir ...ReadMore
Renewables to Power 'Green' Recovery
Aug 24th, 2020; Source: Business Today
Shift from fossil-based energy sources, decarbonisation of industrial sectors will drive change Renewables are the future of the energy sector. We are in the middle of a great energy transition where we are moving from polluting to clean sources of energy. The world’s total renewable energy (R ...ReadMore
A top boss who has found the silver lining in a crisis
Jul 29th, 2020; Source:
Sumant Sinha, CMD, ReNew Power, says the lockdown has allowed him more family time and also a chance to focus on his fitness. Source: Economic Times ...ReadMore
Tariff for round-the-clock solar power is competitive: ReNew's Sumant Sinha
May 12th, 2020; Source: Business Standard
India’s first tender to provide round-the-clock (RTC) solar power was won last week by Goldman Sachs-promoted ReNew Power, which quoted a tariff of Rs 2.9 per unit (kwh) for the complete capacity of 400 Mw offered by the government. The tender is unique in several ways. Unlike the nature of solar ...ReadMore
Apr 18th, 2020; Source: Money Control
The 21-day lockdown triggered by the spread of the coronavirus has now been extended and entrepreneurs, the original hustlers, have had to make plenty of changes to their daily routine to adapt to working from home (WFH). Their daily schedules have been disrupted and their long drawn out usual meeti ...ReadMore
Companies in stressed sectors to go bankrupt without govt relief, says ReNew Power boss Sumant Sinha
Apr 17th, 2020; Source: Money Control
Just like the government has isolated virus-hit and virus-free districts, there is a need to isolate business verticals so that large sections of the economy don’t become sick, says CMD. Sumant Sinha, Chairman and Managing Director of ReNew Power, India’s largest renewable energy company, has sa ...ReadMore
Nov 3rd, 2019; Source: The Economic Times Magazine
Read Full coverage here: Powering Down Source: The Economic Times Magazine ...ReadMore
Andhra's power pacts a matter of concern: ReNew Chief
Nov 1st, 2019; Source: Economics Times
“Sumant Sinha told he has doubts about the situation in Andhra Pradesh, where it is building 700 MW of projects, after chief minister Jaganmohan Reddy tried to review wind and solar energy contracts.” ReNew, the first renewable energy company in India to commission over 5,000 MW of capac ...ReadMore
India must focus on natural gas as an intermediate fuel amid rising RE share: Sumant Sinha
Oct 21st, 2019; Source: ET Energyworld
“He also said regulators need to incentivise the uptake of natural gas as a fuel due to its higher cost. ReNew Power operates 4.3 Giga Watt of renewable energy capacity including both solar and wind, with over 3.2 GW of capacity in the pipeline for development.” India must focus on using ...ReadMore
Policy stability at state level must to boost renewable projets: ReNew CMD
Oct 4th, 2019; Source: Economics Times
In the present scenario, the investor sentiment is low in the renewable energy sector which is evident from lukewarm response to auction for clean energy projects due to regulatory issues. Policy stability, particularly at the state level, is a must for boosting installation of clean energy capacity ...ReadMore
