Sumant Sinha

Founder, Chairman & CEO, ReNew Power

A leading first-generation entrepreneur, Sumant Sinha is the Chairman and CEO of ReNew Power – one of India’s largest clean energy companies. Sumant founded ReNew Power in January 2011, with a vision to transform the way energy is produced and consumed in India. Since then, under his leadership, the company has grown exponentially and is today one of India’s premier renewable energy companies with an aggregate portfolio of ~12.8 GW spread over 140 sites. ReNew has been funded by marquee investors including Goldman Sachs, CPPIB (largest Canadian pension fund), ADIA (sovereign wealth fund in the Middle East) and JERA (leading Japanese utility), and has raised more than USD 6.5 billion of capital, both equity and debt. In August 2021, ReNew became the first Indian renewable energy company to list on US NASDAQ (NASDAQ: RNW) at a market capitalization of $4.5 billion. ReNew has emerged as one of the leading asset creators in the country over the last 5 years. It now generates nearly 1.8% of India’s total electricity annually, and in doing so helps mitigate half a per cent of India’s carbon emissions in a year. Sumant is a passionate advocate for solutions related to climate change and sustainable development and has spoken at various thought leadership platforms, such as World Economic Forum at Davos, COP Summits, Climate Week NYC, CERA Week, and other forums organized by Financial Times, ORF as well as leading global universities.