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ReNew Power targets 3.500 Mw extra capacity every year

To maintain its share of 10% green capacity by 2020

ReNew Power targets 3.500 Mw extra capacity every year

TheGoldmanSachs-supportedReNewPowerplanstoadd3,500Mweveryyeartomaintainitsshareof10percentgreencapacityby2020.  Thecompany,whichhas1,130Mwofcommissionedcapacity,willrequire$10-12billionfunding,ofwhichequitywillbearound$3billion. Indiaplanstoadd175Gwcapacityby2020,forwhich35,000Mwwillneedtobeaddedeveryyear.“Ofthis35,000Mw,weplantotakea10percentshare,”SumantSinha,founderandchiefexecutiveofficer,ReNewPower,toldBusinessStandard. ReNewPowerwouldrequire$8-10billionin ...