Sumant Sinha | World Bank Live

Sumant Sinha

Chairman and CEO ReNew Power

Sumant Sinha is the Founder, Chairman and CEO of ReNew Power, one of India’s largest clean energy companies. Since the company was founded in 2011, ReNew Power has organically grown to own 3,000 MW of commissioned and under-construction clean energy assets (India’s cumulative energy capacity across all energy forms is 310,000 MW). To fund this growth, Mr Sinha has raised over $850 million in equity and $2 billion in debt capital, making ReNew Power one of India’s most well capitalised companies. After graduating from Columbia University’s School of International and Public Affairs (SIPA), Mr Sinha worked as an investment banker with Citi and ING Barings in the US and UK. In 2002, he moved to India to become Group Chief Financial Officer of India’s third-largest conglomerate, the Aditya Birla Group. In 2007, he became the founder CEO of Aditya Birla Retail and scaled the company to become one of India’s largest retail businesses. Following this, he served as the Chief Operating Officer of India’s then largest wind energy company, Suzlon, until 2011. Mr Sinha serves as Chairman of the Confederation of Indian Industry (CII) – Northern Region, and is the founder Chairman of the Indian Wind Energy Alliance (IWEA). He is a frequent public commentator and has written columns and delivered lectures on market reforms, economic policy, governance, and climate change. He is a graduate of the Indian Institute of Technology, Indian Institute of Management, and Columbia University.