Chairman & Managing Director, ReNew Power
Sumant Sinha is the Chairman and Managing Director of ReNew Power Limited. ReNew Power is the largest renewable energy IPP in India in terms of total energy generation capacity*. The company has a strong track record of nearly doubling its operational capacity in each of the last three Fiscal Years. As of May 2018, ReNew Power has a total capacity of 5.85 GW**.
Under Mr Sinha’s leadership, ReNew Power has demonstrated its ability to access diversified pools of Indian and international capital, including equity, project finance and corporate debt, from a broad cross-section of investors, lenders and other capital providers.
Mr Sinha holds a bachelor’s degree in civil engineering from the Indian Institute of Technology, Delhi, a post-graduate diploma in management from the Indian Institute of Management, Calcutta and a master’s degree in International Affairs from the Columbia University. He worked as an investment banker in the United States and the United Kingdom at Citicorp Securities and ING Barings Services Limited, respectively, before returning to India as the Group CFO of the Aditya Birla Group and subsequently as the Chief Executive Officer of Aditya Birla Retail. Subsequent to this, he joined Suzlon in 2008 and served as the Chief Operating Officer until 2010.
Mr Sinha has won many awards over the years. Most recently he was recognized as the “Champion of Tomorrow” by CEO Awards and received the “Hall of Fame” award at the India Solar Week Leadership Awards 2018.
*Source: CRISIL Report
** Comprising 3.92 GW of operational capacity, 1.66 GW of capacity under development and 0.27 GW of wind power capacity awarded in April 2018 in the fourth SECI (Solar Energy Corporation of India)
***Exchange rate: 1$ = ₹65