Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus

ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic.

The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country.

Initially, the company has committed Rs 20 crore to this initiative, Renew Power said in a statement.

Out of this, the company will contribute Rs 10 crore to the PM CARES fund, and Rs 5 crore will be deposited in the Chief Minister’s relief fund in various states.

However, the rest will be spent on various activities targeted to directly help communities impacted by the lockdown and to bolster the health infrastructure to tackle the pandemic, it further said.

As part of these activities, the company, whose total capacity exceeded 8 GW of wind and solar power assets in India, will focus on feeding migrant labourers, daily wage workers and locals around its sites spread across the country by distributing dry ration packets in conjunction with the local administration.

It has targeted to cover around 140 villages across its sites in Gujarat, Rajasthan, Andhra Pradesh, Karnataka, Tamil Nadu, Telangana, Madhya Pradesh and Maharashtra.

Besides, the company is planning to adopt a village in Haryana, where around 350 vulnerable households will be provided with dry ration and hygiene kits.

Commenting on the development, Sumant Sinha, Chairman and Managing Director of ReNew Power, said that “ReNew Power is already at the forefront of the battle against COVID-19 by keeping its clean power generating sites operational amidst the lockdown and ensuring regular power supply to people from more than 100 sites across the country. But we all know that these difficult times require us to act beyond the call of duty to assist the government with financial as well as infrastructure support to ensure that it is equipped to fight this disease.”

Sinha further added that “as the nation navigates these uncharted waters, we hope that our endeavour to help equip the hospitals and their staff with the right medical equipment will strengthen local efforts in tackling this emergency. We, at ReNew, salute the selfless service of all those who are battling the pandemic, especially the medical fraternity and will continue to work towards empowering them with whatever help is necessary.”

Additionally, the company’s senior management and its employees are also contributing a part of their salary to fund several activities to fight the pandemic.

Meanwhile, the company which is backed by various global investor’s said that it’s senior leadership team has also joined with other corporate leaders from Gurgaon to provide critical support to the authorities, including distributing PPE kits for frontline healthcare providers, helping hospitals with ventilator supplies, meals and dry ration for affected communities.