 "ReNew entered Indian bond market in 2015 with three issuances of Rs 400 cr, Rs 280 cr and Rs 451 cr")
ReNew Power, which is expanding across the energy sector supply chain, is aiming to achieve double-digit growth in power transmission. The company, which recently started participating in transmission project tenders, is hopeful of grabbing $20 billion worth of Central and state-level power transmission network projects.
Goldman Sachs-promoted ReNew Power started its ‘New Ventures’ division to explore business opportunities in energy storage, power transmission, floating solar, and wind-solar hybrid projects.
In August this year, ReNew Power bid for transmission projects worth Rs 1,500 crore. However, it didn’t win any. Company executives said jumping into transmission is a natural progression for ReNew, as it
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