CEO Today Business Women of the Year Awards

INDIA 35 www.ceotodaymagazine.com CEO Today Business Women of the Year Awards 2019 Vaishali has been recognized as being amongst India’s Top 25 Impactful CSR Leaders by the India CSR Network in April 2019. She also won the CSR Leadership Award 2015 at the National Awards for Excellence in CSR and Sustainability; and is a jury member of India Impact CSR – Business Awards (IICBA) 2017 that recognizes and awards grassroots NGOs and innovators. She was also a National Finalist at the NITI Aayog Women Transforming India Awards 2018, amongst top 2% women from across India. Vaishali has completed the Owners and Presidents Management Program from Harvard Business School and has a Masters’ in Public Policy from Columbia University’s School of International and Public Affairs, where she was an American Association of University Women (AAUW) scholar. After a decade on Wall Street and then London as an investment banker, she returned to India, where after several years in banking, she is now a social entrepreneur. ReNew Power, established in 2011, is the largest renewable energy IPP in India in terms of total energy generation capacity. Since commencing operations with a 25.2 MW wind project in Jasdan, Gujarat, the company has grown exponentially, and has a current renewable asset base of over 8 GW, of which over 4.6 GW is operational. ReNew Power develops, builds, owns and operates utility scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers. It today operates more than 100 utility scale projects spread across 8 states in India, generating 1% of India’s total electricity and helping to mitigate 0.5% of India’s total carbon emissions. In 8 years of its operation, ReNew projects have generated almost 40,000 jobs, directly and indirectly. ReNew has a strong track record of organic and inorganic growth; it was the first company in its domain to reach 1 GW of commissioned capacity and has nearly doubled its operational capacity in each of the last three Fiscal Years. We have achieved market leadership in the Indian renewable energy industry against the backdrop of the GoI’s policies to promote growth of this sector. BUSINESS VERTICALS 1. Utility Scale Wind: ReNew Power started operations with wind energy and today has the largest portfolio in India with over 50 operational projects and cumulative capacity of over 4.8 GW (including under development) 2. Utility Scale Solar: The ground mounted solar business has replicated the success of Wind vertical in a short span of time, building up a sizeable asset base of over 3 GW (including under development) 3. Distributed Solar: Since commissioning our first project in 2015, this vertical now has over 250 installations adding up to a total capacity of 80+ MW in 17 States AWARDS Over the last seven years, ReNew Power has been conferred with almost all the major industry awards (ET Innovation Awards for Process Innovation, IPPAI, IWEF, D&B Infra Awards, India Solar Week, CII, Rooftop Solar Congress). In addition, our founder, Mr. Sumant Sinha has won the prestigious Entrepreneur of the Year awards from Ernst & Young (2017), Economic Times (2018) & The Entrepreneur India (2019) FIRM PROFILE