During the year, 17,385 GWh of clean energy was produced which could power 5 million Indian households annually, ReNew claimed. It further said that around 10 lakh people have been covered under the company’s CSR initiatives in areas like climate education, school electrification and water conservation

Clean energy firm ReNew on Thursday said the company managed to avoid over 14 million tonnes of carbon emissions during the fiscal year ended 31 March 2023.

The company also saved 3.18 lakh kilolitres of water during FY23, a 48 per cent year on year increase, according to  ‘Third sustainability Report: Driving Decarbonisation’.

It stated, ReNew’s net-zero targets by 2040 were validated by SBTi which include an interim commitment to reduce  absolute scope 1,2 and 3 GHG (greenhouse gases) emissions by 29.4 per cent by FY 2026-27, from a base year of FY 2021-22.

During the year, 17,385 GWh of clean energy was produced which could power 5 million Indian households annually.

The report further said that around 10 lakh people have been covered under the company’s CSR initiatives in area like climate education, school electrification and water conservation.

ReNew has a clean energy portfolio of about 13.7 GW as of June 30,2023, which includes solar and wind capacities.