ReNew Energy Global, the Nasdaq-listed holding company of India’s ReNew Group, saw its gross debt swell by a fifth in FY23. At the end of the fiscal, it stood at INR53,085 crore, according to an investor presentation released by the company last week. Interestingly, green bonds now make up nearly a third of ReNew Energy Global’s debt profile.The Gurugram-based renewable energy company has been powering its balance sheet with green bonds (which
