Page 4 - Renew Power

Railways meets solar power developers for zero carbon emission goal

The railways has developed a mega plan for installing solar plants of 20-GW capacity by utilising its vacant land by 2030

ReNew Power to raise Rs 1,000 cr equivalent in part-guaranteed forex bonds

Will be the first such issuance in over a year, signalling that high-yield markets overseas are opening up, but remain circumspect on likely impact on debt serviceability after Covid outbreak

ReNew Power to enter solar manufacturing with Rs 2,000 cr investment plan

Goldman Sachs-backed firm plans plant for 2 Gw of solar cells and modules, is in talks with several states to set up plant

ReNew Power gives salary hikes of up to 12% to staff amid Covid-19 crisis

Some clean energy firms in private sector have given hikes to employees but that is not across the board and is very nominal for lower income categories

Spain's Solarpack Corp quotes lowest tariff of Rs 2.36/unit for solar power

The tender floated by Solar Energy Corporation of India (SECI) is pan-India and the developer can set up a project anywhere in the country.

Tariff will be lower than Rs 3.6 per unit: ReNew Power's Sumant Sinha

ReNew quoted a winning tariff of Rs 2.9 per unit (kwh) for the complete capacity of 400 Mw offered by the government.

Tariff for round-the-clock solar power is competitive: ReNew's Sumant Sinha

His company won India's first tender in this space with a quote of Rs 2.9 a unit

ReNew Power forms joint venture with Korean major GSE&C for Rajasthan unit

ReNew Power to hold 51% equity under the partnership, balance with GS E&C

ReNew Power targets $2-bn transmission projects, double-digit market share

ReNew recently started participating in transmission project tenders

ReNew Power Transmission eyes double-digit growth, projects worth $20 bn

The Goldman Sachs-promoted firm started its 'New Ventures' division to explore opportunities in energy storage, power transmission, floating solar, and wind-solar hybrid projects

ReNew Power becomes 11th firm globally to reach 5,000-Mw green capacity

India's largest renewable power company on Sunday commissioned a 250 Mw plant in Rajasthan's Bikaner

Pallonji, ReNew Power to invest Rs 750 cr in UP solar power project

The companies will develop 150 mw floating solar power project in Sonbhadra

ReNew looks at optimising cost, shifts 20 employees to partner KPMG India

ReNew currently holds the largest portfolio of wind and solar power capacity of 5,600 Mw in the country

ReNew Power likely to raise funds by selling assets after dropping IPO plan

The company isn't alone in withdrawing plans for an IPO or considering an infrastructure investment trust

India needs to have 325,000 Mw renewable capacity in 10 yrs: ReNew Power CEO

Promoters in India identify too closely and control their companies too much, says ReNew Power CEO Sumant Sinha

ReNew Power & CII to work together to tackle air pollution in Delhi NCR

Company to provide 500 farmers with access to alternative stubble management techniques for improving air quality aims to offset stubble burning of 5000 acres of land in Punjab

ReNew to retire debt, build M&A warchest with proceeds from planned IPO

The firm might also consider expanding into adjacent verticals in the renewable energy (RE) value chain

ReNew Power slapped with Rs 119-million fine for delay in MP solar project

The Supreme Court has, however, set aside the termination of the contract by the Madhya Pradesh government

Newsmaker: Meet ReNew Power's Sumant Sinha, the green power player

The purchase of Ostro Energy strengthens his beliefs in the universal benefits of renewable energy

ReNew Power acquires Ostro Energy to become country's largest RE company

CPPIB invests $247 million in ReNew to support the acquisition