ReNew Power: Sumant Sinha takes over as ASSOCHAM President; Ajay Singh as Senior VicePresident

Mr Sumant Sinha, Founder, Chairman and CEO of ReNew Power – one of
the country’s largest clean energy companies, has taken over as President of the Associated Chambers
of Commerce and Industry of India (ASSOCHAM). Mr Sinha, a successful first-generation entrepreneur
replaces Mr. Vineet Agarwal, completing his distinguished tenure at the chamber.
Mr. Ajay Singh, Chairman & Managing Director of SpiceJet, India’s second-largest airline by fleet size is
the new Senior Vice-President of ASSOCHAM.
Mr Sinha founded ReNew Power in January 2011, with a vision to transform the way energy is produced
and consumed in India. Under his leadership, ReNew Power has grown into India’s premier renewable
energy company with an aggregate portfolio of more than 10 GW spread over more than 100 sites.
“It is indeed a great honour for me to be elected as the President of ASSOCHAM , one of the great
institutions with a history of over 100 years in its service to the Nation. During my Presidency, my
ASSOCHAM colleagues and I will work closely with the government on fulfilling the visionary goal of our
Hon’ble Prime Minister Shri Narendra Modi for India to become Aatmanirbhar over the Amrit Kaal of the
next 25 years, culminating in the Centenary Year of our Independence.
“To achieve the national goals of Aatmanirbhar and Amrit Kaal, we will focus on key strategic priorities
such as providing more support to the MSME sector, the country’s export push, the energy transition
and increasing energy security, and enhancing public-private cooperation, which empowers not only
India Inc. but also strengthens the government’s efforts to make India a global economic superpower.”
During my tenure as ASSOCHAM president, my colleagues at ASSOCHAM and I will support corporates,
MSMEs, smaller entrepreneurs, and artisans in working collaboratively with the government to ensure
India’s products reach “every nook and corner of the world”, as per the Honourable PM’s just-stated
vision for ‘local’ to become ‘global’.”
A passionate advocate for solutions related to climate change and sustainable development, Mr Sinha
has articulated his ideas at the prestigious thought leadership platforms, including World Economic
Forum at Davos, Climate Week NYC and the Financial Times. He is recipient of several prestigious awards
in the field of clean energy, including ‘Chairman of The Year’ at the Stevie International Business Awards
2020.
On his election as Senior Vice President of the chamber, Mr. Ajay Singh said, “ASSOCHAM would
continue to play a pro-active role in the endeavour of nation building. We would remain an active
partner of the government which requires industry feedback both on macro and sectoral trends.
ASSOCHAM has been continuously engaging with the government and we would continue to pursuit this
partnership.
Extending a warm welcome to the new President and Senior Vice President, ASSOCHAM Secretary
General Mr Deepak Sood said their leadership would help the Chamber strengthen its four pillars of
growth. The chamber has been working passionately in the four pillars of Sustainable, Entrepreneurship,
Empowerment and Digitization. He said the chamber would work towards realising the avowed
objective of India joining the status of a developed country in the next two decades. ”India’s journey
towards this goal would follow a sustainable path of green energy innovation and self -reliance under
the flagship ‘Atma Nirbhar Bharat’ initiative of the honourable Prime Minister Shri Narendra Modi.