VISION, MISSION AND VALUES

Our Vision

To build the best renewable energy company in the world

Our Mission
  • Build a world class portfolio of renewable energy assets and be in the top 10 globally.
  • Lead the energy transition by providing innovative solutions to our customers.
  • Build a culture of excellence by efficient and safe execution of all our projects.
  • We must maintain the highest standards of quality and sustainability and act responsibly at all times.
  • Foster a culture of trust, collaboration and performance to achieve our business goals and be an employer of choice.
  • Be a responsible corporate citizen and uphold the highest standards of corporate governance, ethics and integrity.

OUR VALUES

Collaboration

  • Team up, down & across
  • Be a trustworthy partner
  • To respect each individual in the company
  • Help each other become effective

Effectiveness

  • Getting things done
  • Achieve results
  • Display professional integrity in our day to day working
  • Be agile in our responses to continually changing conditions affecting our business

Commitment

  • Continually give your best
  • Drive excellence
  • To take pride in who we are and what we do
  • To stretch our ambitions and be the best in what we do

Integrity

  • Be ethical
  • Be accountable

OUR ACHIEVEMENTS

ReNew Power is India’s leading renewable energy companies with an aggregate portfolio of nearly 10 GW of which 5.45 GW is commissioned capacity. We have a strong track record of organic and inorganic growth having nearly doubled our operational capacity in each of the last three Fiscal Years.

ReNew was also the first Indian company to cross 5,000 MW of commissioned capacity in this sector, and is now among the top fifty companies in the country by total assets, across all sectors, with the fastest rate of growth of assets in India between 2015-20.

ReNew today generates one per cent India’s total electricity generated annually, and in doing so also helps mitigate half a per cent of India’s carbon emissions in a year.

ReNew Power is India’s only clean energy unicorn as per the Hurun India Unicorn Index 2020.

History of Innovative Financing

  • Raised raised more than USD 1.5 Billion through closure of nonconvertible debentures (NCDs).
  • First Indian renewables IPP to raise USD 475 million Rupee-denominated “masala” bonds.
  • Got a USD 250 Mn, 23 year debt line for NSM Solar projects from OPIC.
  • Got Takeout financing from IIFCL in renewable sector.
  • Obtained credit enhancement from IIFCL to get AA+(SO) rating on project debt.
  • Raised funds from an Infrastructure Debt Fund (IDF) in renewable sector.