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Sumant Sinha

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Sumant Sinha
Born (1965-02-12) 12 February 1965 (age 61)
New Delhi, India
Alma mater
OccupationBusinessman
TitleFounder, Chairman & CEO, ReNew Energy Global
SpouseVaishali Nigam Sinha
Children2
Parent(s)Yashwant Sinha, Nilima Sinha

Sumant Sinha (born 12 February 1965) is an Indian businessman and entrepreneur. He is the founder, chairman, and chief executive officer of ReNew Energy Global, an Indian renewable energy company.[1][2][3]

Early life and education

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Sumant Sinha was born in New Delhi as the son of Yashwant Sinha, a former Minister of Finance, and Nilima Sinha.[4][5][6]

Sinha completed his undergraduate education in engineering from the Indian Institute of Technology Delhi. He later obtained a postgraduate diploma in management from the Indian Institute of Management Calcutta and earned a master's degree from Columbia University’s School of International and Public Affairs.[7]

Career

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Early career

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Sinha began his career with Tata Administrative Services.[8] He subsequently worked in investment banking roles with Citicorp Securities and ING Barings in the United States and the United Kingdom.[7] He returned to India in 2002 and joined the Aditya Birla Group, where he served as Chief Financial Officer. During his tenure, the group expanded across sectors including cement, aluminium, and telecommunications.[9] He later served as chief executive officer of Aditya Birla Retail from 2007 to 2008.[9][10]

In 2008, he joined Suzlon Energy in a senior leadership role.[6] He is a board member at Indian Institute of Technology Delhi. He has also served on the boards of the Indian Institute of Management Calcutta and Columbia University's School of International and Public Affairs (SIPA).[9]

ReNew

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In 2011, Sinha founded ReNew Power (now ReNew Energy Global Ltd), an independent renewable energy producer headquartered in Gurugram.[citation needed] The company has produced wind power, solar power, and hybrid energy.[2] He set up ReNew Power in 2011 with a road-map to have at least 1000 MW of capacity by 2015.[11] Its first project, a 25 MW wind farm in Jasdan, Gujarat, was commissioned in 2012.[12]

Sumant led ReNew Power from front, going from zero to 5,800 MW of commissioned capacity in six years,[9] to make it one of India's largest independent renewable energy producers.[13][14] In 2017, the company had an equity valuation of US$2 billion.[15]

In 2014, the company secured its first solar power project in Madhya Pradesh.[citation needed] In 2021, ReNew became one of the first Indian renewable energy companies to be listed on the NASDAQ.[16][1]

Public and media appearances

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Some of the public appearances are as below:

  • Sumant Sinha at Forbes India Leadership Summit[17]
  • Sumant Sinha in India Conference[18]
  • Sumant Sinha opines about inflation control[19]
  • Sumant Sinha states – Small players may exit green energy[20]

Leadership and affiliations

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He has been associated with global climate and energy initiatives and has participated in activities of the World Economic Forum.[21] In 2024, he was appointed co-chair of the Alliance of CEO Climate Leaders.[22][23]

He has also held leadership roles in ASSOCHAM.[24]

Publications

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Sinha is the author of Fossil Free: Reimagining Clean Energy in a Carbon-Constrained World.[25]

Recognition

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Personal life

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Sinha is married to Vaishali Nigam Sinha, who is associated with sustainability initiatives and serves as President of the UN Global Compact Network India.[29][30][31]

References

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  1. 1 2 "ReNew lists on Nasdaq at $4.5 billion valuation". The Economic Times. 26 August 2021.
  2. 1 2 "ReNew Energy Global investment case study". Aberdeen Investments.
  3. ↑ "India's leading renewable companies in 2023". S&P Global.
  4. ↑ "rediff.com: Meet Sinha Jr: Managing finance runs in the blood". www.rediff.com. Retrieved 12 March 2018.
  5. ↑ Choudhury, Srishty. "Meet ex-employee of Ratan Tata firm, IIT-IIM grad, who founded Rs 19500 crore giant, first Indian company..." DNA India. Retrieved 20 February 2025.
  6. 1 2 "Why Sumant Sinha chose clean energy over politics". Rediff. Retrieved 17 March 2018.
  7. 1 2 "Sumant Sinha profile". Climate & Capital Media.
  8. ↑ "Sumant Sinha – Speaker profile". Singapore International Energy Week.
  9. 1 2 3 4 Ghoshal, Devjyot (7 June 2017). "A former Wall Street banker is building India's largest clean energy company". Scroll.in.
  10. ↑ "Sumant Sinha". The Economic Times.
  11. ↑ Banerjee, Jasodhara (21 November 2017). "ReNew Power Ventures: Impressing investors with outstanding performance". Forbes India. Retrieved 13 April 2026.
  12. ↑ "State government desires to maximize usage of non-conventional energy sources". narendramodi.in.
  13. ↑ "Post Suzlon, Sumant Sinha gets Goldman cash to reap the wind | Latest News & Updates at Daily News & Analysis". dna. 27 September 2011. Retrieved 17 March 2018.
  14. ↑ Barman, Arijit (20 December 2011). "Lunch with BS: Sumant Sinha". Business Standard India. Retrieved 17 March 2018.
  15. ↑ "ReNew Power Files For IPO, Could Raise Over $1 Billion". NDTV.com. Retrieved 24 October 2018.
  16. ↑ "ReNew Power is the first renewable energy firm from India to be listed on Nasdaq". Angel One.
  17. ↑ "Forbes India Leadership Awards 2017: India Inc talks about innovation, skilling and prudent decision making | Forbes India". Forbes India. Retrieved 24 October 2018.
  18. ↑ "Sumant Sinha «  India Conference". indiaconference.com. Retrieved 17 March 2018.
  19. ↑ "Maintain fiscal discipline, control inflation: Sumant Sinha | Forbes India". Forbes India. Retrieved 17 March 2018.
  20. ↑ Saluja, Nishtha (2018). "Small players may exit green energy: ReNew CEO Sumant Sinha". The Economic Times. Retrieved 17 March 2018.
  21. ↑ "Sumant Sinha – World Economic Forum Profile". World Economic Forum.
  22. ↑ "Alliance of CEO Climate Leaders co-chair announcement". World Economic Forum.
  23. ↑ "Sumant Sinha appointed co-chair of global CEO climate alliance". The Economic Times.
  24. ↑ "Sumant Sinha takes over as ASSOCHAM President". Business Standard.
  25. ↑ "Book review: Fossil Free". Business Standard.
  26. ↑ "EOY 2017 winners". www.ey.com. Retrieved 31 March 2026.
  27. ↑ "Sumant Sinha gets ET Awards 2018 for Entrepreneur of the Year | Electrical India Magazine". 8 October 2018. Retrieved 31 March 2026.
  28. ↑ "ET Awards 2018 for Entrepreneur of the Year: Sumant Sinha, Chairman & MD, ReNew Power Ventures". The Economic Times. 18 November 2018. ISSN 0013-0389. Retrieved 31 March 2026.
  29. ↑ "Vaishali Nigam Sinha – Profile" (PDF). ReNew.
  30. ↑ "Vaishali Nigam Sinha becomes president of UN Global Compact Network India". Fortune India.
  31. ↑ "UN Global Compact Network India leadership". UN Global Compact Network India.[dead link]
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