Alongside India’s clean energy rise
Sumant's work has evolved with India's widening ambition, from mobilising capital for a new market to helping build the power systems, industrial capabilities and institutions its next phase will require.
2010–2014
INSTITUTIONAL
CAPITAL ARRIVES
The National Solar Mission turned clean energy into a national infrastructure priority and opened the doors to serious investment.
Sumant founded ReNew in 2011, commissioned its first wind project in 2012 and entered solar by 2014, bringing institutional capital into operating renewable assets.
2015–2019
SCALING
THROUGH THE PRICE REVOLUTION
As India raised its solar target fivefold, competitive auctions drove tariffs to a record INR 2.44 per unit.
Sumant grew ReNew from 500 MW to 5 GW and led the Ostro Energy acquisition, demonstrating that clean power could be delivered competitively and repeatedly at scale.
2020–2022
PROVING
RELIABILITY AT NATIONAL SCALE
As India crossed 100 GW of renewable capacity, the challenge moved from adding megawatts to delivering dependable power.
Sumant led ReNew to India’s first 400 MW round-the-clock renewable tender, while expanding into hydropower, storage and green hydrogen to meet the grid’s evolving needs.
2023–2024
EARLY BET
ON SELF-RELIANCE
India’s transition began acquiring an industrial backbone across manufacturing, transmission and green hydrogen.
Sumant took ReNew into solar-cell and module manufacturing early in the ecosystem’s growth, while the company crossed 10 GW of operating capacity. His push into manufacturing helped anchor more of the clean-energy value chain in India, adding industrial depth to the country’s renewable expansion.
2025
RISING
TO THE TOP THREE
India became the world’s third-largest country by installed renewable capacity and crossed 50 percent non-fossil power capacity five years ahead of schedule.
The platform Sumant built across generation, manufacturing and emerging capabilities contributed to the foundations of this milestone and what could follow.
2026 & Beyond
POWERING
THE NEXT GROWTH FRONTIERS
India’s next growth frontiers, from artificial intelligence and advanced manufacturing to green hydrogen and data centres, will rest on reliable, domestically anchored clean energy.
Sumant is building the connection between these emerging engines and the energy foundations on which India’s next economy will run.