ReNew Power to maintain its lead in green energy, but with caution

ReNew has operational and under-construction capacity of 3500 MW in 16 states. Of this, 1600 MW is from wind and 1100 is from solar projects, all commissioned.

A diversified power generation portfolio and innovative financing models are helping ReNew Power, one of India's biggest renewable energy company, hedge its sectoral risks. The company, which is targeting to hold on to 10 per cent share of the generation capacity in renewable space, is planning to expand both through acquisitions and bidding for fresh capacity.
 
In an interview with Business Standard, Sumant Sinha, founder chairman and chief executive officer of ReNew Power, said, “At this stage, there are many companies that are in the market and looking for buyers, and some of the larger companies with a long-term