India’s surging economy could doom climate efforts—unless richer nations step up
24th Apr, 2019; Source: Technology Review
No matter how fast the country builds new solar and wind farms, that alone won’t be enough In the flat terrain of eastern Karnataka, deep in the interior of the Indian subcontinent, you don’t see the Pavagada Solar Park coming But when it appears, on the... Read More
ET Awards 2018 for Entrepreneur of the Year: Sumant Sinha, Chairman & MD, ReNew Power Ventures
18th Nov, 2018; Source: Economics Times
The entrepreneurship and leadership of Sinha, an alumnus of IIT-Delhi, IIM-Calcutta and Columbia University, has helped ReNew Power become India’s No 1 renewable energy company Give me green! I have the power and promise a clean tomorrow Sumant Sinha has... Read More
Massive capital flow needed to boost India’s transition to renewable energy
26th Sep, 2018; Source: Business Standard
Conditions have to be created for the infusion of capital needed to accelerate the transition to renewable sources of energy, according to a panel of experts Ajay Mathur, the Director General of TERI and Co-Chair of the Energy Transitions Commission (ETC) who... Read More
Goldman Sachs’ ReNew Power stake sale to be biggest IPO exit by a PE firm in India
27th May, 2018; Source: Livemint
Goldman Sachs could fetch Rs 4,000-4,500 crore in the stake sale via the ReNew Power IPO Goldman Sachs Group Inc’s planned $600 million stake sale in ReNew Power Ventures Pvt Ltd will mark the biggest exit for a private equity fund through an initial share sale... Read More
ReNew Power in talks to buy 700MW of renewable energy assets
25th May, 2018; Source: Livemint
Discussions follow renewable power firm's acquisition of Ostro Energy last month India’s largest renewable power company ReNew Power Ltd is in discussions to acquire around 700 megawatts (MW) of renewable assets, a senior company executive said It has also... Read More
India’s largest renewable power company is set to go public
20th May, 2018; Source: qz.com
The first initial public offering (IPO) in India from the booming renewable energy sector is here ReNew Power, India’s largest renewable energy producer, is looking to raise Rs2,600 crore ($390 million) through its first public share sale The move... Read More
ReNew Power buys Ostro Energy after CPPIB puts in $247 million
3rd Apr, 2018; Source: Livemint
The Ostro acquisition increases ReNew Power's capacity to over 5,600 MW, the latest investment takes CPPIB's total commitment in ReNew Power to $391 million ReNew Power Ventures Pvt Ltd on Monday said it is acquiring Ostro Energy Pvt Ltd, which has 11 gigawatts... Read More
Modi, in Davos, Praises Globalization Without Noting India’s Trade Barriers
23rd Jan, 2018; Source: The New York Times
DAVOS, Switzerland — Prime Minister Narendra Modi of India issued a strong call on Tuesday for nations to embrace globalization, combat climate change and strengthen international institutions like the World Trade Organization “Forces of protectionism are... Read More
India Inc’s dream team for 2018
28th Dec, 2017; Source: Economic Times
"Old chestnuts and new disruptors will battle it out next year Steel will become sexy again and tech will go beyond robots" SPENDING JUNE WITH THE SUN SUMANT SINHA: ReNew the Faith GAME This CEO’s so flush with cash — from investors as disparate as... Read More
ReNew Power Ventures raises $50 million in debt from Yes Bank
18th Aug, 2017; Source: Livemint
ReNew Power Ventures will use the Yes Bank funds to refinance the debt of its Amba wind power project in Madhya Pradesh Renewable energy company ReNew Power Ventures Pvt Ltd has raised around $50 million in debt from Yes Bank Ltd to refinance the debt of one of... Read More
