Our Chairman & MD, Sumant Sinha and Chief Sustainability Officer, Vaishali Sinha, attended the prestigious annual meeting of the World Economic Forum at Davos being held from 22nd January to 25th January 2019. On this occasion, on 23rd January, ReNew Power hosted a Breakfast Roundtable, on the theme ‘India’s role in solving the global climate crisis’ which was chaired by Former Vice President of USA, Al Gore. With global leaders, stalwarts from various industries and other eminent personalities attending the roundtable, it was a spirited and enlightening conversation where various facets about the global climate crisis and India’s role in solving it were discussed. Some of the attendees included- Sajjan Jindal (Chairman & MD, JSW), Shiv Khemka (MD, Sun Group), Ratul Puri (CEO, Hindustan Power Projects), Lord Adair Turner (Chair, Energy Transitions Commission), Thomas Anderson (Chairman, Orsted), Dr Stephen Toope (Vice Chancellor, University of Cambridge), Hasnen Varawala (Head Banking, Barclays Africa), Madhur Deora (CFO, Paytm), Jason Bordoff (Founding Director, Columbia Center on Global Energy Policy), Samir Saran (President, Observer Research Foundation) and Rajiv Nayar (Group CFO, Adani).
EVENTS
ReNew Power forms a partnership with IIT Delhi to set up the Sumant Sinha ReNew Centre of Excellence for Energy and Environment. The Memorandum of Understanding (MoU) exchange between Sumant Sinha, Chairman & CEO, ReNew Power and Dr. Bodh Raj Mehta, Director, IIT Delhi in the presence of Honourable President of India, Shri Pranab Mukherjee on November 16, 2016.
Ms. Vaishali Nigam Sinha expressing her views on CSR in Indian context at the CII event. The Session focussed on Industry’s perception of CSR and if it is seen as a ‘cost centre’ or an investment? How responsible business can ultimately lead to building goodwill and brand value and how innovation can play a role in transforming and changing the face of CSR.
The FT Growth Markets Summit had several top investors, business leaders, economists,advisors and policy-makers to discuss in detail the new forces determining global expansion,the regions, countries and sectors most likely to flourish in the medium to long term, and the most effective strategies for creating value and sustaining growth.
ReNew Power Ventures Pvt. Ltd. announced that it has raised new equity funding of $265 million from new and existing investors. The lead investor in this round was a subsidiary of the Abu Dhabi Investment Authority (ADIA), with a commitment of $200 million for a significant minority stake in ReNew Power.
Indian Wind Energy Alliance (IWEA), was launched in New Delhi on December 3rd by Mr. Piyush Goyal, Hon’ble minister for Power, Coal and New & Renewable Energy. The primary objective of the alliance is to promote and
protect the interest of the Indian wind energy industry including wind energy producers, investors, manufacturers, component makers and other stakeholders.