Indian renewable energy company ReNew Power has announced new leadership hires, including Kedar Upadhye as the Group CFO, Vikram Kapur as Chief Growth Officer, and Vikash Jain as the General Counsel to help drive its next phase of growth.
The new CFO Upadhye comes to ReNew after working as the president and global CFO of pharmaceutical company Cipla where he headed global finance and information technology functions and worked across various geographies including the US. He previously also worked with brands as Dr. Reddy's Laboratories, PepsiCo and Thermax.
Vikash Jain as the global general counsel has moved from Vedanta Resources Limited where he served in the same position.
On the other hand, Vikram Kapur in a newly created role of chief growth officer will help ReNew build new businesses as green hydrogen and carbon markets. His role will also involve forging international partnerships to expand core and nascent businesses. Kapur moves from Mckinsey & Company where he was a senior partner leading the energy and material practice.
"I am delighted to welcome Kedar, Vikash, and Vikram, whose recognized professional caliber, global expertise, and strategic insights will significantly add to our leadership capabilities as we capitalize on the strong growth opportunity across the clean energy spectrum to help India meet its climate goals," said ReNew's Chairman and CEO Sumant Sinha. All the new appointees will directly report to Sinha.
Back in 2019, ReNew had replaced Ravi Seth with D Muthukumaran as its CFO (see ReNew Power Brings In New CFO).
Listed on NASDAQ, ReNew counts its gross total portfolio of commissioned and committed renewable energy projects in India as around 12.1 GW as of May 9, 2022 (see India's ReNew Power Starts Trading On NASDAQ).