Foreign investors to create more value for RE in India: ReNew’s Sinha

Global investors are showing immense interest in the Indian renewable energy (RE) space and more partnerships will unlock immense value for the domestic RE ecosystem, Sumant Sinha, chairman and managing director, ReNew told Business Standard. NYSE-listed ReNew recently entered into a partnership with Gentari, the green energy arm of Malaysian energy major Petronas to build 5 Gw of renewable energy projects in 7 years.

“We have a well-developed execution team and there is a market opportunity to expand. We need to partner with people, raise capital and fund these projects.