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November 28, 2015 2:18 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of ReNew Power Ventures Pvt. Ltd.

Company Overview

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.

Tower 4A

6th Floor

DLF Corporate Park

Mehrauli Gurgaon Road

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 2015.

ReNew Power Ventures Pvt. Ltd. Key Developments

ReNew Power Mulls Acquisitions

ReNew Power Ventures Pvt. Ltd. is seeking acquisitions. Founder and Chief Executive Officer, Sumant Sinha stated that ReNew Power is looking at acquisitions in the renewable energy sector.

Hanwha Q CELLS Announces Joint Venture Project Agreement with Renew Power In India

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

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.

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