Indian renewables developer ReNew Power is still leaning towards an initial public offering as it thinks about pushing beyond its domestic market, says chief executive Sumant Sinha.

Founded in 2011 – and commissioning its first project a year later – ReNew has grown rapidly to become one of India’s biggest renewables operators, due in no small part to Sinha’s ability to raise capital from big-name investors around the world, from Goldman Sachs to the Abu Dhabi Investment Authority.