ReNew Power strengthens its leadership by appointing Sanjay Varghese as Executive Vice President

Renew Power limited (“ReNew Power”),one of India’s leading Renewable energy company, announced the elevation of Sanjay Varghese to the position of Executive Vice President in the company. Sanjay will head the solar business for the company and report directly to Chairman and Managing Director, Sumant Sinha. Sanjay has been with ReNew for the past 2 years and has been responsible for executing key solar projects for the company. Sanjay joined ReNew from Lanco solar, where he was the Chief Operating Officer. Sanjay was earlier reporting to the company’s Chief Operating Officer Parag Sharma, who has decided to pursue interests outside the Company. Parag was with ReNew for the last 5 years and we wish him all the best for his future endeavours. ReNew Power also announces the appointment of Vishal Sehgal as the head of its Corporate Affairs function.

Vishal Sehgal has worked in multiple sectors of the economy including a long and distinguished spell with the German retail giant –Metro Cash and Carry, and has an MPA from Harvard’s Kennedy School of Government. These appointments are meant to expand ReNew’s leadership team to manage its growing portfolio and explore new growth opportunities in the renewable energy sector. ReNew had earlier announced the appointment of D Muthukumaran as its Chief Financial officer in August this year.  Muthukumaran brings with him a wealth of experience in the field of finance. He has driven business portfolio, M&A deals, raised funds in debt and equity and specialises in structured finance, leverage buyouts and regulatory and tax structuring. Before joining ReNew, Muthukumaran was the Chief Executive Officer (CEO) of Aditya Birla PE Advisors Private Limited.

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