TAG: "Sumant Sinha"

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Chhattisgarh Receives Investment Proposals Worth INR 15,184 Crore

The Chhattisgarh government has announced securing investment proposals worth INR 15,184 crore across sectors such as renewable energy, EVs, semiconductors, IT, and food processing during the Investors Connect Meet in New Delhi. ReNew committed INR 11,500 crore to set up pump storage and green hydrogen projects.

Sumant Sinha | December 23, 2024 | By Mrinmoy Dey | 591

ReNew Energy Receives USD 2.82 Billion Proposal from Consortium to Go Private

ReNew Energy Global Plc has received a non-binding USD 2.82 billion offer from a consortium led by Masdar, CPP Investments, ADIA, and Founder Sumant Sinha to take the company private, reflecting significant interest in India's renewable energy sector

Sumant Sinha | December 12, 2024 | By EI News Network | 1224

ReNew Commissions 750 MW of ~1 GW Rajasthan Solar Project

The project is being constructed using solar panels manufactured by ReNew in Jaipur, Rajasthan, and Dholera, Gujarat, as part of the Make in India initiative.

Sumant Sinha | December 09, 2024 | By Abha Rustagi | 42595

ReNew Releases First Integrated Report Meeting International Standards

ReNew has, for the first time, aligned with the EU Taxonomy and reports 97.79 percent of its capital expenditure aligned with it.

Sumant Sinha | August 06, 2024 | By Abha Rustagi | 922

Economic Survey 2023-24: India's Clean Energy Sector Attracts INR 8.5 Lakh Crore Investment

The clean energy sector in India saw new investment of INR 8.5 lakh crore between 2014 and 2023, the Economic Survey 2023-24 highlights.

Sumant Sinha | July 23, 2024 | By Abha Rustagi | 1240

India Takes Lead in Energy Transition at COP 28 with Ambitious Plans

Prasad highlighted India's commitment to addressing global warming and climate change, stating that the nation has not only met but surpassed its COP 26 targets nine years ahead of the 2030 deadline.

Sumant Sinha | December 07, 2023 | By Abha Rustagi | 1510

Baaz Bikes Raises USD 8 Million in Series A Funding to Expand E-Bike Fleet

In addition to BIG Capital, the funding round saw participation from Rakuten Capital, the venture capital arm of Japan's Rakuten Group, along with existing investors Kalaari Capital, 9Unicorns, and Sumant Sinha.

Sumant Sinha | November 22, 2023 | By News Bureau | 1483

ReNew Power Secures $1 Bn; Single-Largest Project Funding in India’s Renewable Energy Sector

Adding another feather in its cap, Sumant Sinha-led ReNew Power has secured a USD 1 billion loan from Rabobank-led twelve international lenders. It would be the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable energy sector, for any single project.

Sumant Sinha | August 17, 2022 | By Manu Tayal | 1982

Lower BCD, GST for Green Hydrogen and Battery Storage: Recommends Sumant Sinha to FM Sitharaman

Sumant Sinha recommended to Finance Minister that “for both (Green Hydrogen and Battery Storage), of course, there are PLI schemes as well, but both of those will take 3 or 4 years before they actually come in. So until that point, our recommendation is to keep BCD and GST down for those areas.”

Sumant Sinha | February 07, 2022 | By Manu Tayal | 3034