In Short – ReNew founder Sumant Sinha champions clean energy as a feasible remedy for peak power demand, reflecting a growing inclination towards sustainable alternatives in the energy landscape. His advocacy underscores the increasing recognition of renewable sources like solar and wind power as reliable contributors to meeting the world’s energy needs while mitigating […]
Reaction quote from Sumant Sinha, Founder, Chairman and CEO, ReNew – EQ
“This is a very welcome and forward looking Vote on Account presented by the Finance Minister. The strategy laid out reflects the Prime Minister’s vision of a modern, inclusive, resilient, innovative and green India. The continued thrust on capital expenditure and reduced market borrowings will enable acceleration in private investments and employment creation. The budget […]
Union Budget 2023 | Reaction quote from Sumant Sinha, Chairman and CEO, ReNew Power – EQ Mag
“We welcome the budget proposals presented by the Hon’ble Finance Minister. The focus of the budget on expanded support for infrastructure investment, growth of small industry and agriculture sectors, while committing to fiscal consolidation, strikes the right balance. In the context of overall geopolitical and economic outlook, the outlay of Rs. 35,000 crore for energy […]
Bring down interest rates for renewable power: Assocham president Sumant Sinha – EQ Mag
On his expectations from the government for the domestic power and renewable energy sectors in the upcoming budget, Sinha said interest rates should be brought down for the rate-sensitive sector. Assocham president Sumant Sinha has called for bringing down interest rates for the industry, especially for the domestic renewables sector, which is seeing high rates […]
ReNew commits to net zero by 2040 and bolsters ESG targets – EQ Mag Pro
ReNew avoids over 11 million tons of carbon emissions in FY22, i.e. 0.5% of India’s total emissions Produces 14,263 GWh of clean energy in FY22, enough to power 4 million Indian households annually Saves over 216,000 kiloliters of water in FY22, enough to serve the daily water consumption of 1.6 million Indians Discloses its Scope […]
Need to react to various countries’ competitive policies to support green hydrogen manufacturing: ReNew Power Chairman Sumant Sinha – EQ Mag Pro
New Delhi : There is a need to react to the competitive measures various countries are taking to promote green hydrogen manufacturing in India as it eyes becoming a global hub of new energy, industrialist Sumant Sinha said on Tuesday. Referring to the National Hydrogen Mission, Sinha, chairman of homegrown ReNew Power, said in some […]
Sumant Sinha takes over as ASSOCHAM President; Ajay Singh as Senior V-P – EQ Mag Pro
Sinha founded ReNew Power in January 2011, with a vision to transform the way energy is produced and consumed in India. Sumant Sinha, Founder, Chairman and CEO of ReNew Power, a clean energy company, has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Sinha replaces Vineet Agarwal. Ajay […]
Climate Group Appoints Sumant Sinha As Trustee On UK Board For 3 Years
In a statement issued here, Climate Group said it welcomes the two new trustees, Meryam Omi and Sumant Sinha, to the UK board. London-based Climate Group on Tuesday announced the appointment of Sumant Sinha, chairman and managing director of domestic renewable energy company ReNew Power, as a trustee on its UK board for three years. […]
ReNew Power to Invest $1.2 Bn For Country’s 1st Round-The-Clock RE Project
The project will be designed to operate at an 80% average annual PLF and will have a minimum capacity utilisation factor of 70% monthly, despite being a renewable energy project, says ReNew Power. ReNew Power will invest close to $1.2 billion in development of a 1.3 Gw of hybrid renewable energy (RE) project, which will […]
ReNew Power Spends Rs 1.1 Cr Towards COVID Relief in Karnataka
Bengaluru : ReNew Power Private Limited, India’s leading renewable energy company, has undertaken relief work worth approximate Rs 1.1 Crore towards COVID relief in Karnataka Representatives from ReNew Power met Chief Minister B S Yadiyurappa and briefed him about the various activities undertaken by the company in partnership with various state agencies for COVID relief. […]