Significant Portfolio Expansion
ReNew commissioned over 2.1 gigawatts of renewable energy capacity since October of last year, marking a 22% growth in the portfolio after adjusting for asset sales.
Strong Financial Performance
ReNew delivered an adjusted EBITDA of INR 53.5 billion, a 24% growth year-on-year for the first half of the fiscal year ended March 31, 2026.
Manufacturing Business Growth
The manufacturing business produced over 2 gigawatts of modules and over 900 megawatts of cells in H1 FY '26, contributing INR 8.6 billion to adjusted EBITDA.
Upgraded Financial Guidance
Revised FY '26 adjusted EBITDA guidance for manufacturing upwards to INR 10 billion to INR 12 billion.
ESG Commitment and Recognition
Achieved a score of 83 in the S&P Global Corporate Sustainability Assessment, marking a 14% year-on-year improvement and the highest ever by an Indian IPP.
Reduced Leverage Metrics
Headline leverage reduced from 8.6 in September '24 to 7 in September '25, with operating asset leverage below the 6x threshold.