A leading first-generation entrepreneur, Sumant Sinha is the Founder, Chairman and Managing Director 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 approximately 9.86 GW spread over more than 100 sites. ReNew has been funded by marquee investors including Goldman Sachs, CPPIB (largest Canadian pension fund), ADIA (sovereign wealth fund in Middle East) and JERA (leading Japanese utility), and has raised more than USD 6 billion of capital, both equity and debt. ReNew has emerged as one of the leading asset creators in the country over the last 5 years. It now generates one per cent 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 Co-Chair, Electricity Governor’s Group and member of the Stewardship Board on Shaping the Future of Energy and at the World Economic Forum. He serves on the Board of Directors of the US India Strategic Partnership Forum (USISPF). For his achievements in entrepreneurship and clean energy, Sumant has won several awards including UN Global Compact’s “SDG Pioneer for India, 2020”, The Entrepreneur India’s Entrepreneur of the Year award, 2019. After starting his career in the Tata Administrative Service, Sumant worked as an investment banker with Citicorp and ING Barings in the US and UK, before heading finance in one of India’s largest conglomerates, the Aditya Birla Group. He was also COO of Suzlon, India’s largest wind turbine company. Sumant has a Master’s degree in International Affairs from Columbia University, a degree in business management from the Indian Institute of Management Calcutta and also a B. Tech from the Indian Institute of Technology Delhi.Show less…
Michael Specht Bruun, aged 38 years, is a Non-Executive Director of the Company, nominated by GSW. He holds a bachelor’s degree in economics from the University of Copenhagen and master’s degree in economics from University of Copenhagen and Cornell University. He joined Goldman Sachs in 2004 and is currently working as a partner in the Merchant Banking Division of Goldman Sachs in London.
Ram Charan, aged 78 years, is an Independent Director of our Company, appointed with effect from March 20, 2018. He holds a master’s degree in business administration from Harvard Business School.Read More…
Mr. Tantra Narayan Thakur, a former member of the prestigious Indian Civil Service, has more than 40 years of experience with government as well as, private global companies in India and South Asia. Widely acclaimed as an innovative professional with a flair for setting up and managing businesses, he is serving as a non-executive Board Member of AD Hydro Power Limited, Malana Power Limited, Utkarsh Small Finance Bank etc. He was on the Board of InfraCo Asia Development Pte Ltd, Singapore for many years. During 2012-2015, he was advisor for Fortum India, a subsidiary of Fortum ( TAQA India Limited (A subsidiary of Abu Dhabi based energy and water authority) and for the Essar Group.
Mr. Thakur was a member of the management board of TERI University and a faculty at the Faculty of Management Studies of Delhi University. He was member of the Advisory Board of TERI for several years and a member of the Finance Committee of Jawahar Lal Nehru University (JNU).
He was instrumental in setting up the first Power Exchange in India and also credited for turning around Power Finance Corporation (PFC) India from a sick unit to one of the best performing Government units within one year of his joining as Director (Finance & Financial Operations). He launched several domestic and international debt issues, for PFC very successfully, revamped treasury functions and set up a consultancy unit.
He was deputed to UNHCR, Geneva for performance audit on behalf of UN Board of Auditors and also served as member of the Prime Minister’s Task Force (headed by Dr. C. Rangarajan) on the socio economic development of Jammu Kashmir.
He is a Bachelor of Science (Engineering) by profession and held key positions such as Chairman & Managing Director- PTC India Limited, Chairman & Managing Director- PTC India Financial Services Limited, Director (Finance & Financial Operations) -Power Finance Corporation Limited, Secretary to Chief Minister-Bihar etc.
Mr. Satoshi Yajima, aged 53 years, is a Non-Executive Director of the Company nominated by JERA. He holds a bachelor’s degree of Electrical Engineering from Waseda University Japan.
He works for JERA since 2016 and is currently responsible for business development of global renewable project and international thermal IPP power project as Senior Operating Officer at Business Development Department at HQ in Tokyo. He has over 30 years of experience in development and management of international and domestic power projects and during his career has served at Marubeni, Enron, TEPCO (Tokyo Electric Power Company) before his association with JERA.
Mr. Anuj Girotra is the Head of Active Fundamental Equities & Relationship Investments for India at CPP Investments. Prior to joining CPP Investments in 2020, Anuj spent 12 years at Capital Group where Anuj was a Global Partner in the Private Markets business. His key responsibilities included origination of investment opportunities in India’s leading private companies in education, healthcare, information technology services, and financial services. Previously, Anuj has also worked at ABN Amro Bank, where he co-headed the Asia Special Situations group with the mandate to invest in several mid-cap companies across emerging markets.
Mr. Anuj is an MBA in International Finance from XLRI Business School, India and an Electronics Instrumentation engineering gold medalist from Delhi Institute of Technology, India.
Ms. Vanitha Narayanan, aged 61 years, is a Woman Independent Director of the Company. Ms. Narayanan is a senior technology leader with over three decades of experience and served as the Managing Director for IBM-Verizon, IBM’s largest Telecommunications clients in the U.S. Prior to that, she served as Chairman of IBM India and was appointed to this leadership position in January 2017 and played a critical role in enabling IBM’s global missions and evangelizing the organizations brand and solutions externally. Prior to that, she served as the Managing Director of IBM India Private Limited and Regional General Manager of IBM India / South Asia.
Ms. Narayanan joined IBM in the US in 1987 and has been serving in leadership roles since 2009. She was a part of the IBM’s ISA business, serving in various roles such as the Vice President of Sales & Distribution and then as the Managing Partner for Global Business Services (GBS). Prior to that, she served as the Vice President of Communications sector, Asia Pacific, and the Global Vice President for IBM’s Telecom solutions & partnerships.
Mr. Projesh Banerjea is a Non-Executive Director of the Company nominated by ADIA. Mr. Banerjea holds MBA from the University of Oxford and MSc in Economic History from the London School of Economics and a BA in Mathematics and Economics from DePauw University. Mr. Banerjea has over 10 years of infrastructure investing experience and leads the Asia coverage efforts for the Infrastructure Division of the Abu Dhabi Investment Authority (ADIA), where he is a Portfolio Manager. Prior to joining ADIA, he worked at Macquarie Capital in London and J.P. Morgan in New York.