ReNew Power

ReNew Power Ventures Pvt. Ltd. is one of the largest clean energy companies in India with an installed and operational capacity of 500 MW across the states of Maharashtra, Rajasthan, Karnataka and Gujarat. The company has an additional portfolio of 500 MW of wind energy, currently under construction. ReNew Power, which is also one of the most capitalized renewable energy companies in the country, has recently forayed into utility-scale solar with a pipeline of 250 MW of projects, under construction in Madhya Pradesh, Andhra Pradesh and Telangana. ReNew Power is committed to leading a change in the country’s current energy portfolio by delivering cleaner and smarter energy choices and thereby reducing India’s carbon footprint. ReNew Power’s mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable and socially responsible manner. The company creates value through reliable and efficient generation of non-conventional power through innovation in solar and wind power solutions. The company upholds ethical corporate practices and complies with FCPA regulations. It is committed to continually improve Quality, Health, Safety and Environment (QHSE) performance of its people and operations. To meet stringent QHSE targets, ReNew Power is certified for Integrated Management System (IMS), which include the following International Standards: • ISO 9001 – Quality Management System • ISO 14001 – Environment Management System • OHSAS 18001 – Occupational Health & Safety Management System Key stakeholders in ReNew Power are Goldman Sachs, Asian Development Bank, Global Environment Fund and the founder Chairman and CEO Sumant Sinha, who has extensive corporate experience both in India and overseas.
Type
Private
HQ
Gurgaon, IN
Founded
2011
Employees
274 (est)+9%
ReNew Power was founded in 2011 and is headquartered in Gurgaon, IN

Key People at ReNew Power

Parag Sharma

Parag Sharma

COO
Colonel Pushkar Prasad

Colonel Pushkar Prasad

VP of HR & Admin
Balram Mehta

Balram Mehta

Senior VP of Techno Commercial
Kailash Vaswani

Kailash Vaswani

VP of Corporate Finance
Sumant Sinha

Sumant Sinha

Founder & CEO
Melroy Raphael

Melroy Raphael

VP of Projects
Ajay Goel

Ajay Goel

President Solar and Chief New Businesses

ReNew Power Locations

Gurgaon, IN
Hyderabad, IN
Bengaluru, IN
Bhopal, IN
Pune, IN

ReNew Power Metrics

ReNew Power Summary

Founding Date

2011

Total Funding

$540 M

Latest funding size

$265 M

Time since last funding

about 1 year

Investors

ReNew Power's latest funding round of $265 M was in October 2015. In total, ReNew Power has raised $540 M.

ReNew Power Online Presence

ReNew Power News

ReNew Power Company Life