ReNew Power

Is An ‘Andhra Discount’ Coming For Indian Renewables?

As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […]

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INOX Wind Flies on Back of 38 MW Wind Order from ReNew

INOX wind, the listed supplier and operator of wind power plants, has announced a fresh order for 38 MW from Renew Power. The company in its press filing to the exchange said that it has bagged the order for the wind power project to be developed at Anjar in the State of Gujarat from ReNew Power […]

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At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction

In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […]

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ReNew Power Commissions 250 MW Solar Plant in Bikaner

Sumant Sinha has announced that the ReNew Power has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. ReNew Power Chairman and Managing Director Sumant Sinha has announced that the company has successfully commissioned a 250 MW solar power plant in Bikaner, Rajasthan. In a tweet, Sinha wrote that “on this auspicious day […]

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Sanjay Varghese to Head ReNew Power’s Solar Business

ReNew Power has announced that it has promoted Sanjay Varghese to the post of Executive President and head the firms’ solar business India’s largest renewable energy IPP, ReNew Power has announced that it has promoted Senior Vice President Sanjay Varghese to the post of Executive President. In his new role Varghese will head the solar […]

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High Financing Cost Biggest Part of Renewable tariffs-CEEW

New Delhi based Council on Energy Environment and Water (CEEW) a Delhi based think tank focused on the energy transition among other issues, has identified a very high share of financing as one of the biggest components of renewable energy tariffs in India The findings from CEEW,  a respected organisation in the space, serves to […]

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Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha

Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […]

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ReNew Power Raises $300 Million Through Rights Issue

Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […]

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