Sumant Sinha is the Founder Chairman and CEO of ReNew Power, one of India’s largest clean energy companies. ReNew Power was founded in the year 2011 with the purpose of establishing a robust and sustainable presence as an Independent Power Producer (IPP) across the clean energy space of wind and solar energy. ReNew Power has raised funding from Goldman Sachs, Abu Dhabi Investment Authority, Asian Development Bank, and Global Environment Fund. Under Sumant’s leadership, ReNew Power became the first company in India to cross 1,000 MWs of commissioned solar and wind energy capacity. Additionally, it has a development pipeline of more than 1,500 MWs of solar, wind and solar rooftop projects.
Sumant is a passionate advocate for solutions to climate change through the intersection of business and public policy. He speaks extensively on global platforms and has authored more than 100 articles on subjects related to India’s economic scenario, entrepreneurship and issues related to climate change in leading publications such as The Economic Times, Business Standard, The Financial Express, Business Today, among others. He has been quoted in leading international dailies such as Financial Times, Bloomberg, and The Wall Street Journal.
Prior to ReNew Power, Sumant held top management positions at some of India’s largest conglomerates. He was the CFO at the Aditya Birla Group and the Founder CEO of Aditya Birla Retail and more recently the Chief Operating Officer of Suzlon Energy Ltd. Prior to this, he was an international investment banker, having worked in New York and London and raised funds for both Governments and large companies.
Currently, Sumant serves as the founder Chairman of the Indian Wind Energy Alliance (IWEA) and as Deputy Chairman of the Confederation of Indian Industry (CII) – Northern Region, CII Special Task Force on Solar Power. He is on the Advisory Board of Columbia University’s School of International and Public Affairs (SIPA). He is also on the Board of the Raj Center of Indian Economic Policy at Columbia University. He holds a B. Tech from the Indian Institute of Technology, Delhi, an MBA from IIM Calcutta and a Master’s degree from SIPA, where he was a Dean’s fellow. He is also a Chartered Financial Analyst (CFA) and a National Talent Scholar.
Recently, Sumant was the recipient of the prestigious “Renewable Energy Leader of the Year 2015” award at the National Awards for Excellence in Renewable Energy in July 2015 and the “Excellence Award- 2015 in Renewable Energy Sector” by the Energy and Environment Foundation in August 2015.