VISION, MISSION AND VALUES

ReNew Power is committed to leading a change in the country’s current energy portfolio by delivering cleaner and smarter energy choices, thereby reducing India’s carbon footprint.

Clean Energy

3400 + MW

States

16

Total Equity

$880 million

Asset Base

$3 billion

Our Vision

To be a responsible leader in providing clean energy solutions for sustaining the Earth

Our Mission
  • To be India’s leading renewable energy company providing the most innovative clean energy solutions to our clients.
  • Execute and operate our projects efficiently and maintain the highest standards of quality, safety and environmental sustainability.
  • Foster a culture of trust, collaboration and performance to achieve our business goals and be an employer of choice.
  • Adhere to the highest standards of corporate governance and be a responsible corporate citizen.
  • Operate ethically and fairly at all times while continually advancing stakeholder interests.

OUR VALUES & GUIDING PRINCIPLES

Collaboration


Team up, down & across;
Be a trustworthy partner

Effectiveness


Get things done;
Achieve results

Commitment


Continually give your best;
Drive excellence

Integrity


Be ethical;
Be accountable

OUR ACHIEVEMENTS

ReNew Power has the largest portfolio of more than 3,000 MW of commissioned and under-construction clean energy assets, with a large presence in both solar (1,700+ MW, commissioned and in construction) and wind (over 1,500 MW, commissioned and in construction).

In September 2015, ReNew Power installed and commissioned India’s tallest wind tower. It is a lattice/tubular tower (hybrid tower) of 120 m height, installed for the first time anywhere on-shore in the world.

Since its inception in FY 12, ReNew Power has a market share of more than 10% of total installed wind capacity in the country.

Also, in September 2015, ReNew Power launched the first ever infrastructure bond issuance credit enhanced by IIFCL, rated AA+.

ReNew Power is the highest capitalized renewable energy company in the country.

Renew Power is the largest capital raiser in debt markets in the renewable energy IPP sector in the last 3.5 years with over Rs. 8,000 cr of debt sanctions

All ReNew Power projects are UNFCCC (United Nations Framework Convention on Climate Change) registered.

Scheduling and Forecasting is being done for all ReNew Power projects.

Till date ReNew Power has constructed over 300 kms of roads currently, commissioned ReNew power projects are mitigating 15 million tons of CO2 emissions annually, and will mitigate more than 28 million tons of CO2 emissions in their lifetime.

FIRSTS TO OUR CREDIT

  • Raised debt financing from the Overseas Private Investment Corporation (OPIC).
  • Got take out financing from IIFCL in the renewables sector.
  • Obtained credit enhancement from IIFCL to get AA+ rating on project debt.
  • Got top up loan for its 50.4 MW group captive wind power project.
  • Raised funds from an Infrastructure Debt Fund (IDF) in the renewables sector.
  • Issued long term bonds for Rs. 283.5 Cr. in the brown field wind project.
  • Issued long term bonds for Rs. 400 Cr. in the renewables sector at holding company level.