July 24, 2017 12:12 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

India

Founded in 2011

Phone:

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 2017.

ReNew Power Ventures Pvt. Ltd. Key Developments

ReNew Reportedly Mulls Acquisition Of Orange's Portfolio

ReNew Power Ventures Pvt. Ltd. is reportedly in talks with Orange Renewable Solutions regarding the acquisition of its portfolio of a little over 600MW of wind and solar assets in a deal expected to be valued at around $950 million.

ReNew Power Ventures Seeks Acquisitions

ReNew Power Ventures Pvt. Ltd. is on the lookout of acquisitions. When one of the company' s top professionals Sumant Sinha was asked about the company's acquisition plans, he replied, "We are looking at acquisitions too. Very interesting dynamics have happened because of the recent bids, and because the market has been very fragmented. The first 15,000-20,000 MWT of wind that has been installed was set up on the asset depreciation framework, that is almost unconsolidated, but subsequent 30,000-odd MWT has been by number of players. Because the most recent bids have such low tariffs, there are a lot of players wondering what will be for them in this business. So lot of the smaller companies are now realizing that this is a good time to get out."

ReNew Power Ventures Pvt. Ltd. Presents at HSBC Asia Credit Conference, Jun-13-2017

ReNew Power Ventures Pvt. Ltd. Presents at HSBC Asia Credit Conference, Jun-13-2017 . Venue: Mandarin Oriental Hong Kong, Hong Kong.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 14, 2017
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