Posted inEnergy & Power

ReNew Energy achieves top score in S&P global CSA for Indian renewable energy sector

ReNew also secured three PPAs amounting to nearly 1.1GW of renewable power capacity.

ReNew Energy achieves top score in S&P global

S&P Global CSA Results shows that ReNew Energy Global Plc has acquired the highest score in the Indian power sector among the renewable energy only companies. The company has improved its score and obtained 71 of 100, which is 30 per cent higher than the previous year’s result FY 2023 – 55. The result puts ReNew on the 10th percentile of companies in the global energy sector and highlights it as one of the only two Indian energy companies to have risen above the ‘70’ score bar.

Co-Founder and Chairperson of ReNew – Vaishali Nigam Sinha described that this accomplishment places ReNew on the path to becoming a sustainability powerhouse in the Indian power sector. The firm’s dedication to sustainable policies, reporting, and cultivating a strong ESG foundation illustrates its dedication to creating new standards in India. ReNew also secured three PPAs amounting to nearly 1.1GW of renewable power capacity taking its overall utility scale renewable energy portfolio to 17.4 GW.