Sumant Sinha is the Chairman and Managing Director of ReNew Power - India’s largest clean energy company*.
Sumant is an alumnus of IIT Delhi, IIM Calcutta and Columbia University’s School of International and Public Affairs. Starting his career at Tata Administrative Service in India, he also worked as an investment banker in the US and UK at Citibank and ING Barings. Sumant returned to India in 2002 and has held senior leadership positions in large Indian companies, such as the Group Chief Financial Officer of the Aditya Birla Group, one of India’s largest business groups; CEO of Aditya Birla Retail; and Chief Operating Officer of Suzlon, India’s largest wind turbine company.
In January 2011, in response to climate change issues and India’s energy deficit, Sumant established ReNew Power with the vision to change the way energy is produced and consumed in India. In the time since then, under his leadership, ReNew Power has grown significantly to become India’s largest renewable power producer with more than 6 GW of commissioned and under-construction, wind and solar capacity, spanning more than 100 sites across India. To fund this growth, ReNew has raised more than $1 billion in equity and $4 billion** in debt capital from marquee global investors.
Sumant is a passionate advocate for solutions related to climate change through the intersection of business and public policy. As an expert on economic policy & climate change, Sumant speaks extensively at global platforms, such as the World Economic Forum at Davos and forums organized by FT, Goldman Sachs, Fortune, Boao and Raisina Dialogues. He has also done keynote sessions at top universities, such as Wharton, Harvard, Stanford, MIT and Columbia. Sumant is a sought after columnist and commentator. He has authored more than 100 articles and has been featured in leading global and Indian publications.
Sumant has won several awards including the “EY Entrepreneur of the Year, 2017” in the Energy, Real Estate and Infrastructure category, “Champion of Tomorrow” by CEO Awards, and the “Outstanding Start-up of the Year”- Forbes India Leadership Awards for ReNew Power 2017. Most recently he was recognized as the “The Economic Times Entrepreneur of the Year, 2018”, and received the “IIT Delhi Distinguished Alumnus Award, 2018”.
He is also on the Board of Governors of IIM Calcutta, IIM Sirmaur and Columbia’s School of International and Public Affairs.
**Exchange rate: 1$ = ₹65