Sumant Sinha

Built World

Publicly disclosing curtailment-driven hits to profitability

India's largest renewable power producer just told investors something the country's grid operators have been signaling quietly for months: there is nowhere for the electricity to go. ReNew Energy Global disclosed on May 6 that it is curbing solar output and absorbing profitability hits because the National Load Dispatch Centre cannot clear room on the grid during mid-day generation peaks.

Updated 2 hours ago