Independent Power and Renewable Electricity Producers
Company Overview of ReNew Power Ventures Pvt. Ltd.
ReNew Power Ventures Pvt. Ltd., an independent power producer company, generates installed and operational clean energy through wind and solar projects. The company sells its output to state electricity boards and large industrial companies. ReNew Power Ventures Pvt. Ltd. was formerly known as ReNew Wind Power Pvt. Ltd. The company was founded in 2011 and is based in Gurgaon, India.
DLF Corporate Park
Mehrauli Gurgaon Road
Founded in 2011
Key Executives for ReNew Power Ventures Pvt. Ltd.
Founder, Chairman and Chief Executive Officer
Chief of New Businesses and President of Solar
Executive Vice President of Wind
Vice President of Corporate Finance
Compensation as of Fiscal Year 2015.
ReNew Power Ventures Pvt. Ltd. Key Developments
Hanwha Q CELLS Announces Joint Venture Project Agreement with Renew Power In India
Jul 23 15
Hanwha Q CELLS has also entered into a Joint Venture Agreement with ReNew Power with potential for up to 49% equity ownership in two solar energy projects totaling 148.8 MW. Hanwha will partner with ReNew to develop, build and operate the projects. The solar projects are located in the Medak and Mehbub Nagar districts in the State of Telangana, with commissioning anticipated in June 2016. Power generated from these projects will be sold under a Purchase Power Agreement (PPA) with the Southern Power Distribution Co. of Telangana State Ltd. (TSSPDCL).
Hareon Solar and ReNew Power Form Joint Venture to Establish Solar Project in Andhra Pradesh
Jul 6 15
Hareon Solar and ReNew Power have made a partnership to establish a solar project of 72 MW capacity in the southern Indian state of Andhra Pradesh. Hareon will deliver 234,161 crystalline silicon modules to the proposed project. The power generated from the project will be sold to the electricity distribution firm Southern Power Distributor as per a 25-year PPA (power purchase agreement). The project is scheduled to be commissioned in March 2016.
ReNew Power Ventures Pvt. Ltd. Appoints Tantra N. Thakur and David B. Sandalow as Directors
Jun 24 15
ReNew Power Ventures Pvt. Ltd. announced the induction of two new directors to the ReNew Power Board. With this, the total strength of the board of directors increases to 8 directors. Joining the board are Tantra N. Thakur and David B. Sandalow. Tantra N. Thakur heads Kristan Advisors. Prior to joining Kristan, he was the Chairman and Managing Director of PTC India Ltd., PTC India Financial Services Ltd. and also served as Director (Finance and Financial Operations) in Power Finance Corporation Ltd. David B. Sandalow is a member of the Zayed Future Energy Prize Selection Committee and served as Honorary Chair of the U.S. Energy Storage Association's 2015 Annual Conference.
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