October 25, 2016 7:07 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of ReNew Power Ventures Pvt. Ltd.

Company Overview

ReNew Power Ventures Pvt. Ltd. operates as an independent power producer. The company engages in the generation of non-conventional energy through solar and wind power. It sells its power to state electricity boards and large industrial companies in India. 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.

10th Floor, DLF Square

M- Block

Jacaranda Marg

DLF City, Phase II

Gurgaon,  122002


Founded in 2011


91 12 4489 6670

Key Executives for ReNew Power Ventures Pvt. Ltd.

Founder, Chairman and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief of New Businesses and President of Solar
Executive Vice President of Wind
Compensation as of Fiscal Year 2016.

ReNew Power Ventures Pvt. Ltd. Key Developments

ReNew Power To Raise Funds; Plans IPO

ReNew Power Ventures Pvt. Ltd. intends to raise $100 to $150 million by March 2017 and the balance through an initial public offering (IPO). Chairman Sumant Sinha told Bloomberg: “Now is the right time to start the process, and in the next three to six months we should be able to raise funds.” He added: “The IPO can potentially happen in the next financial year.”

Buying Bids For Renewable Energy Projects Of SunEdison In India

Greenko Group PLC plans to buy renewable energy projects of SunEdison, Inc. (OTCPK:SUNE.Q) in India, in a deal that is estimated at $75 billion. The Tata Power Company Limited (BSE:500400), Adani Power Limited (BSE:533096)and ReNew Power Ventures Pvt. Ltd. are also potential buyer for the projects.

Renew Power Reported The Start Of Process Of An Initial Public Offering And Put Out A Request For Proposal To Appoint Bankers

ReNew Power Ventures Pvt. Ltd. has started the process of an Initial Public Offering (IPO) and put out a request for proposal (RFP) to appoint bankers, said two people familiar with the RFP.CNBC TV18 reported on May 20, 2016 that the company has sent an RFP to investment banks, who may be pitching for ReNew Power's IPO mandate by June, 2016

Recent Private Companies Transactions

Private Placement
October 27, 2015

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact ReNew Power Ventures Pvt. Ltd., please visit www.renewpower.in. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.