Gurugram, October 16, 2019

Renew Power Ltd, known as ReNewPower, one of the leading renewable energy company, has announced the elevation of Sanjay Varghese to the position of Executive Vice President in the company.

Varghese will head the Solar Business for the company and report directly to Sumant Sinha, CMD, Renew Power Ltd. Varghese has been with ReNew for the past two years and has been responsible for executing key solar projects for the company. Sanjay joined ReNew from Lanco Solar, where he was the Chief Operating Officer. Sanjay was earlier reporting to the company’s Chief Operating Officer Parag Sharma, who has decided to pursue interests outside the Company. Parag was with ReNew for the last 5 years and we wish him all the best for his future endeavours.

The company has also announced the appointment of Vishal Sehgal as the head of its Corporate Affairs. Sehgal has worked in multiple sectors of the economy including a long and distinguished spell with the German retail giant –Metro Cash & Carry, and has an MPA from Harvard’s Kennedy School of Government. These appointments are meant to expand ReNew’s leadership team to manage its growing portfolio and explore new growth opportunities in the renewable energy sector. The process of expanding the leadership team by hiring some of the Industry’s best talent started last year itself.

Sumant Sinha, said, “The strengthening of the leadership team is a continuous process and is focused on improving and aligning functions as we continue to remain India’s largest renewable energy company. I am confident that with new members of the leadership team coming on board and the existing team continuing to deliver business outcomes, ReNew Power is well poised to build scale in India’s quest for generating 450 GW of renewable energy.”  

The expansion of ReNew’s leadership team will allow the company to make the best possible use of growth opportunities arising in the Indian renewable energy space.