+
ReNew and Microsoft ink 437.6-MW clean energy agreement
ECONOMY & POLICY

ReNew and Microsoft ink 437.6-MW clean energy agreement

ReNew announced the signing of a 437.6 megawatt (MW) clean power sale agreement with Microsoft. This deal is projected to generate over one million units of green electricity annually, furthering Microsoft?s goal to become carbon negative by 2030, according to a statement by ReNew.

Under the terms of the agreement, ReNew will allocate approximately $ 15 million of revenue from the contract to a community fund that will support environmental initiatives. These efforts will be executed in collaboration with the ReNew Foundation, the philanthropic arm of ReNew, which focuses on creating sustainable communities through climate action, particularly targeting women and youth. This aligns with Microsoft's Environmental Justice priorities.

Puneet Chandok, President, Microsoft India & South Asia, emphasized the broader impact of the partnership, stating, "This agreement with ReNew accelerates our progress towards our sustainability goals while also benefiting local communities through initiatives like rural electrification and improving women's livelihoods."

Sumant Sinha, Founder-Chairman and CEO, ReNew, added, "This agreement not only helps us meet our commitments to the communities we serve but also addresses key socio-economic challenges related to climate change." (TOI)

ReNew announced the signing of a 437.6 megawatt (MW) clean power sale agreement with Microsoft. This deal is projected to generate over one million units of green electricity annually, furthering Microsoft?s goal to become carbon negative by 2030, according to a statement by ReNew. Under the terms of the agreement, ReNew will allocate approximately $ 15 million of revenue from the contract to a community fund that will support environmental initiatives. These efforts will be executed in collaboration with the ReNew Foundation, the philanthropic arm of ReNew, which focuses on creating sustainable communities through climate action, particularly targeting women and youth. This aligns with Microsoft's Environmental Justice priorities. Puneet Chandok, President, Microsoft India & South Asia, emphasized the broader impact of the partnership, stating, This agreement with ReNew accelerates our progress towards our sustainability goals while also benefiting local communities through initiatives like rural electrification and improving women's livelihoods. Sumant Sinha, Founder-Chairman and CEO, ReNew, added, This agreement not only helps us meet our commitments to the communities we serve but also addresses key socio-economic challenges related to climate change. (TOI)

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code