By the summer of 2020, ReNew Power is set to be the largest player in the renewable energy segment, with a total commissioned capacity of 6,400 Mw; its current capacity is 4,200 Mw and 2,200 Mw is in the pipeline. Sumant Sinha, founder and CEO of ReNew, spoke with Anjuli Bhargava about the positives and the negatives of this sector and towards where it is heading.
Edited excerpts: Why is the market so fragmented in India? In India, the barriers to entry are not very high in the sector. Almost anyone can set up a 50-10 Mw plant. It’s also a very capital intensive sector ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
Note: Subscription will be auto renewed, you may cancel any time in the future without any questions asked.
What you get?
ON BUSINESS STANDARD DIGITAL
- Unlimited access to all the content on any device through browser or app.
- Exclusive content, features, opinions and comment – hand-picked by our editors, just for you.
- Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
- Track the industry of your choice with a daily newsletter specific to that industry.
- Stay on top of your investments. Track stock prices in your portfolio.
- 18 years of archival data.
- Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the offer. By subscribing to this product you acknowledge and accept that our Partners may choose to contact you with offers of their products and services.
- This is an optional offer - Not comfortable with sharing personal data - please opt for the full price offer which requires you to share minimal information