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Supplement
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Reference no. 9-724-032
Published by: Harvard Business Publishing
Originally published in: 2024
Version: 5 February 2024

Abstract

Supplement to the A case. The global renewables sector was in a slump, but the Indian market was booming. India's largest renewable electricity generator, ReNew, faced a dilemma: it traded on the Nasdaq in New York, but saw huge opportunity in the Indian market. In response, CEO Sumant Sinha was broadening the company's mission and activities to become a decarbonization solutions provider. The new scope included green hydrogen, manufacturing, storage, and contract power agreements. As India's decarbonization accelerated, has Sumant made the right choices?
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Abstract

Supplement to the A case. The global renewables sector was in a slump, but the Indian market was booming. India's largest renewable electricity generator, ReNew, faced a dilemma: it traded on the Nasdaq in New York, but saw huge opportunity in the Indian market. In response, CEO Sumant Sinha was broadening the company's mission and activities to become a decarbonization solutions provider. The new scope included green hydrogen, manufacturing, storage, and contract power agreements. As India's decarbonization accelerated, has Sumant made the right choices?

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Location:
Size:
Start-up

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