ReNew and Gentari announce strategic collaboration for 5 GW renewable capacity in India

GURUGRAM, India – 26 July 2023  – ReNew Energy Global Plc (“ReNew”) (Nasdaq: RNW, RNWWW), India’s leading decarbonisation solutions company, through its subsidiary ReNew Power Pvt. Ltd. (ReNew) and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Ltd., have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions. The term sheet was exchanged between Sushil Purohit, Chief Executive Officer of Gentari and Sumant Sinha, Founder, Chairman and CEO of ReNew. As part of this proposed joint venture, Gentari and ReNew will collaborate to explore investments into the development of renewable assets including