{"id":442106,"date":"2021-10-13T08:00:46","date_gmt":"2021-10-13T02:30:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442106"},"modified":"2021-10-13T08:29:53","modified_gmt":"2021-10-13T02:59:53","slug":"renew-expects-to-commission-10-2-gw-renewable-energy-capacity-by-fy23","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/renew-expects-to-commission-10-2-gw-renewable-energy-capacity-by-fy23\/","title":{"rendered":"ReNew expects to commission 10.2 GW renewable energy capacity by FY23"},"content":{"rendered":"<p>Renewable energy firm ReNew Power is looking to commission its 10.2 gigawatt (GW) capacity by financial year 2022-23.<\/p>\n<p>In a statement on Tuesday, ReNew said it also expects to generate an annual EBITDA (earnings before interest, taxes, depreciation, and amortization) of USD 1.1-1.2 billion with the commissioning of the 10.2 GW capacity.<\/p>\n<p>&#8220;ReNew expects to have its 10.2 GW portfolio operational by the end of FY23 which also includes 3.8 GW of committed capacity i.e. which has a PPA\/LOA (Power Purchase Agreements\/Letter of Award) or for which the company has a binding acquisition agreement<\/p>\n<p>&#8220;This capacity is expected to generate an annual EBITDA of USD 1.1 billion &#8211; 1.2 billion, double of USD 578 million in FY21,&#8221; the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renewable energy firm ReNew Power is looking to commission its 10.2 gigawatt (GW) capacity by financial year 2022-23. In a statement on Tuesday, ReNew said it also expects to generate an annual EBITDA (earnings before interest, taxes, depreciation, and amortization) of USD 1.1-1.2 billion with the commissioning of the 10.2 GW capacity. &#8220;ReNew expects to have its 10.2 GW portfolio operational by the end of FY23 which also includes 3.8 GW of committed capacity i.e. which has a PPA\/LOA (Power Purchase Agreements\/Letter of Award) or for which the company has a binding acquisition agreement &#8220;This capacity is expected to generate [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-442106","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442106"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442106\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}