0000950170-23-035740 | 20-F | XBRL Viewer

Share based payment (Tables)

12 Months Ended

Mar. 31, 2023

Schedule of Information about Fair Value of Inputs to Option Pricing Model Share Options Granted

The fair value of stock options was estimated using Black-Scholes valuation model, taking into account the terms and conditions upon which the share options were granted. Following are the assumptions used in valuation of 2021 Incentive Award Plan:

2021 Incentive Award Plan

For the year ended March 31,

2022

2023

Dividend yield (%)

0.0%

0.0%

Expected volatility (%)

34.87% to 40.84%

28.07% to 41.23%

Risk–free interest rate (%)

0.78% to 2.33%

0.78% to 3.89%

Weighted average expected life of options granted

3.71 years to 6.93 years

10 years

Weighted average share price

USD 7.82 to USD 9.65

USD 4.98 to USD 9.65

Summary of Detailed Information About Repurchase Of Vested Stock Options

The details of repurchase of vested stock options are as follows:

Particulars

Amount

Total consideration paid for repurchase of vested stock options (a)

681

Fair value of the vested stock options repurchased, measured at the repurchase date, recognised in equity (b)*

650

Excess consideration paid recognised in statement of profit or loss (a) - (b)

31

* The fair value of vested stock options was estimated at the date of repurchase using Black-Scholes valuation model, taking into account the terms and conditions upon which the share options were granted using following inputs as at July 31, 2020.

Prepayments (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure Of Currnet And Non Current Prepayments [Abstract]

Summary of Current and Non-Current Prepayments


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Non-current
Prepaid expenses		875		1,018		12
Total		875		1,018		12
Current
Prepaid expenses		970		1,311		16
Total		970		1,311		16

Financial risk management objectives and policies - Additional Information (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Financial Risk Management Objectives And Policies [Abstract]
Increase / (decrease) in market value of warrant	5.00%
Impact on profit or loss on change in market value of warrant	₨ 64	₨ 122
Increase / (decrease) in volume weight average share price	5.00%
Impact on total equity on change in volume weight average share price	₨ 270	₨ 477

Share based payment - Summary of Detailed Information About Repurchase Of Vested Stock Options (Detail) ₨ in Millions	12 Months Ended
	Mar. 31, 2021 INR (₨)
Share Based Payment Arrangements Repurchase Of Vested Stock Options [Abstract]
Total consideration paid for repurchase of vested stock options	₨ 681
Fair value of the vested stock options repurchased, measured at the repurchase date, recognised in equity	650
Excess consideration paid recognised in statement of profit or loss	₨ 31

Derivative Instrument Liabilities

12 Months Ended

Mar. 31, 2023

Text Blocks [Abstract]

Derivative Instruments

29.

Derivative instruments


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Financial liabilities designated as a hedge instrument at fair value
Non-current
Derivative instruments - hedge instruments		—		521		6
		—		521		6
Current
Financial liabilities designated as a hedge instrument at fair value
Derivative instruments - hedge instruments		1,723		345		4

Financial liabilities at FVTPL
Derivative instruments - share warrants (refer Note 44)		2,486		1,309		16
Total		4,209		1,654		20

Finance income and fair value change in derivative instruments - Summary of Finance income and fair value change in derivative instruments (Detail) ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)	Mar. 31, 2021 INR (₨)
Interest Income For Amortised Cost [Abstract]
on safeguard duty recoverable	₨ 132	$ 2	₨ 138	₨ 114
Gain on fair value changes on derivative instruments (other than hedge instruments)	139	2	₨ 212
Unwinding of Contract Assets	154	2
Unwinding of Financial Assets	₨ 441	$ 5

Other equity - Summary of Hedge Reserve (Detail) ₨ in Millions	12 Months Ended
	Mar. 31, 2022 INR (₨)
Disclosure Of Detailed Information About Reserve Of Cash Flow Hedges Of Equity [line Items]
Recognition of non-controlling interests pursuant to the Transaction	₨ (188)

Share based payment - Schedule of Information about Fair Value of Inputs to Option Pricing Model Share Options Granted (Detail)	12 Months Ended
	Mar. 31, 2021 ₨ / shares
Share Based Payment Arrangements [Line Items]
Share price per share at measurement date	₨ 420

Finance costs and fair value change in derivative instruments - Summary of Detailed Information About Finance costs and Fair Value Change in Derivative Instruments (Parenthetical) (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Disclosure Of Detailed Information About Finance Cost And Fair Value Change in Derivative Instruments [Abstract]
Interest on loan from related parties	₨ 0	₨ 0	₨ 19
Compulsory convertible preference shares	₨ 0	₨ 925	₨ 3,361

Fair Value Measurement Hierarchy (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure of fair value measurement hierarchy [abstract]

Summary Of fair value measurement hierarchy of the assets and liabilities

The following table provides the fair value measurement hierarchy of the assets and liabilities of the Group:


		As at March 31, 2022				As at March 31, 2023				As at March 31, 2023
Financial assets	Level	Carrying value		Fair value		Carrying value		Fair value		Carrying value		Fair value
		(INR)		(INR)		(INR)		(INR)		(USD)		(USD)
Financial assets designated as a hedge instrument at fair value
Derivative instruments - hedge instruments	Level 2		3,593		3,593		6,336		6,336		77		77

Financial assets at FVTPL
Investments	Level 2		-		-		926		926		11		11

Financial liabilities at fair value
Liability for put options with non-controlling interests	Level 2		9,546		9,546		5,409		5,409		66		66

Financial liabilities designated as a hedge instrument at fair value
Derivative instruments - hedge instruments	Level 2		1,723		1,723		866		866		11		11

Financial liabilities at FVTPL
Derivative instruments
- public share warrants	Level 1		1,543		1,543		915		915		11		11
- private share warrants	Level 2		943		943		394		394		5		5

Related party disclosure - Summary of Detailed Information About Related Parties Explanatory (Detail)	12 Months Ended
	Mar. 31, 2023
GS Wyvern Holdings Limited
Disclosure Of Detailed Information About Related Parties [Line Items]
Name of entity with significant influence on the company	GS Wyvern Holdings Limited
Wisemore Advisory Private Limited
Disclosure Of Detailed Information About Related Parties [Line Items]
Name Of Entities Owned Or Significantly Influenced By Key Management Personnel Or Their Relatives	Wisemore Advisory Private Limited
ReNew Foundation
Disclosure Of Detailed Information About Related Parties [Line Items]
Name Of Entities Owned Or Significantly Influenced By Key Management Personnel Or Their Relatives	ReNew Foundation

Deferred tax assets (DTA) (net) / deferred tax liabilities (DTL) (net) - Summary of Reconciliation of Tax Expense and Accounting Profit Multiplied By Tax Rate (Detail) ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)	Mar. 31, 2021 INR (₨)
Disclosure Of Effective Tax Expense Income Reconciliation And Components Of Income Tax Expenses Income [Abstract]
Disallowance under section 94B of the Income Tax Act	₨ 2,034	$ 25	₨ 794	₨ 1,333
Interest on compound financial instrument				1,091
Impact of ICDS related to hedge contracts routed through OCI	0	0	1,473
Unabsorbed depreciation and business losses	1,090	13	2,475	2,305
Change in estimates for recoverability of Minimum Alternate Tax (MAT)	(97)	(1)	(8)	82
Adjustment of tax relating to earlier periods	231	3	(327)	174
On account of adoption of new tax ordinance
- Mat credit written off	22	0		48
- Recognition / reversal of deferred tax asset / deferred tax liability	(1)	0	(65)	(7)
Effect of tax holidays and other tax exemptions	(49)	(1)	71	(879)
Deferred tax asset written off on sale of subsidiary (refer note 39)				306
Listing and related expenses			3,280
Other non-deductible expenses	₨ 51	$ 1	₨ (263)	₨ 36

Financial risk management objectives and policies - Summary of Change in Interest Rates on Financial Liabilities (Detail) $ in Millions	12 Months Ended
	Mar. 31, 2023 USD ($) BasisPoints	Mar. 31, 2022 USD ($) BasisPoints	Mar. 31, 2021 USD ($) BasisPoints
Disclosure Of Change In Interest Rates On Financial Liabilities Explanatory [Line Items]
Increase / decrease in basis points \| BasisPoints	50	50	50
Effect on profit before tax \| $	$ 727	$ 361	$ 646

Derivative instruments (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure Of Derivative Instruments [Abstract]

Summary of Derivative Instruments


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Financial assets designated as a hedge instrument at fair value
Non-current
Derivative instruments- hedge instruments		—		4,216		51
Total		—		4,216		51
Current
Derivative instruments - hedge instruments		3,593		2,120		26
Total		3,593		2,120		26

Other expenses - Summary of Other Expense (Detail) ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)	Mar. 31, 2021 INR (₨)
Disclosure Of Detailed Information About Other Expenses [Abstract]
Corporate social responsibility	₨ 147	$ 2	₨ 106	₨ 82
Operation and maintenance	5,528	67	4,929	3,935
Bidding expenses	35	0	40	12
Impairment of capital work in progress (refer Note 5)	190	2	129	39
Security charges	441	5	274	241
Impairment loss on assets of disposal group held for sale (refer Note 40)				₨ 408
Impairment of carbon credit	630	8
Impairment of inventory	32	0	₨ 75
Liquidated damages	₨ 800	$ 10

Employee benefit liabilities (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure of Employee Benefit Liabilities [abstract]

Summary of employee benefit liabilities


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Non-current
Provision for gratuity (refer Note 41)		169		207		3
Total		169		207		3

Current
Provision for gratuity (refer Note 41)		20		24		0
Provision for compensated absences		159		247		3
Total		179		271		3

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Mar. 31, 2023

Disclosure Of Summary of Significant Accounting Policies [Abstract]

Current versus non-current classification

The Group presents assets and liabilities in the statement of financial position based on current / non-current classification.

An asset is treated as current when it is:

•

Expected to be realised or intended to sold or consumed in normal operating cycle

•

Held primarily for the purpose of trading

•

Expected to be realised within twelve months after the reporting period, or

•

Cash or cash equivalents unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period

All other assets are classified as non-current.

A liability is treated as current when it is:

•

Expected to be settled in normal operating cycle

•

Held primarily for the purpose of trading

•

Due to be settled within twelve months after the reporting period, or

•

There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period

All other liabilities are classified as non-current.

Deferred tax assets / liabilities are classified as non-current assets / liabilities.

The terms of the liability that could, at the option of the counterparty, result in its settlement by the issue of equity instruments do not affect its classification. The operating cycle is the time between the acquisition of assets for processing and their realisation / settlement in cash and cash equivalents. The Group has identified twelve months as their operating cycle for classification of their current assets and liabilities.

Depreciation / amortisation of property, plant and equipment and intangible assets

Depreciation and amortisation are calculated on a straight-line basis over the estimated useful lives of the assets as follows:


	Category		Life (in years)
	Plant and equipment (solar rooftop projects)*		25 or terms of PPA, whichever is less (15-25)
	Plant and equipment (solar power projects)*		35
	Plant and equipment (wind power projects)*		30
	Plant and equipment (hydro power projects)		25-45
	Plant and equipment (others)		5-18
	Office equipment		5
	Furniture and fixture		10
	Computers		3
	Computer servers		6
	Computer softwares		3-6
	Other intangible assets		5
	Customer contracts		25
	Development rights		25
	Leasehold improvements		Useful life or lease term (5), whichever is lower
	Building (Temporary structure)		3
	Buildings (other than Temporary structure)		30

* Based on an external technical assessment, the management believes that the useful lives as given above and residual value of 0%-5%, best represents the period over which management expects to use its assets and its residual value.

The residual values, useful lives and methods of depreciation and amortisation of property, plant and equipment and intangible assets are reviewed at each financial period end and adjusted prospectively, if appropriate.

Interest-bearing loans and borrowings - long term - Summary of Compulsorily Convertible Debentures (Unsecured) Terms of Conversion of CCDs (Detail) ₨ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨) shares
Disclosure Of Detailed Information About Unsecured Compulsorily Convertible Debentures [Line Items]
Tenure (years)	26 years
Number Of Debentures \| shares	879,232,955
Moratorium period	24 months
Face value of each CCD \| ₨	₨ 100
Terms	One equity share will be issued for each CCD on the maturity date (1:1)

Share based payment - Schedule of Terms And Conditions of Share Based Payment Arrangement under Employee Stock Option Plan Schemes (Detail)							12 Months Ended
	Mar. 15, 2023	Nov. 15, 2022	Sep. 15, 2022	Aug. 22, 2022	Jun. 10, 2022	Aug. 23, 2021	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2020
Share Based Payment Arrangements [Line Items]
Replacement date							August 23, 2021
Exercise period	Within 10 years from date of grant upon vesting	Within 10 years from date of grant upon vesting	Within 10 years from date of grant upon vesting	Within 10 years from date of grant upon vesting	Within 10 years from date of grant upon vesting	Within 10 years from date of grant upon vesting	Within 10 years from the date of original grant upon vesting
Number of options outstanding	200,000	700,000	0	0	5,000,000	23,000,000	7,200,000	1,000,000	1,000,000	1,000,000
Vesting Period For Stock Options Under Share Based Payment Arrangement Options	4 years	4 years	4 years	2 years	4 years	4 years	4 years
Vesting Period For Remaining Stock Options Under Share Based Payment Arrangement Options	1 year	1 year	1 year		1 year		1 year
Percentage Of Stock Options Will Vest Under Share Based Payment Arrangement Options	80.00%	80.00%	80.00%	12.50%	80.00%	6.25%	80.00%
Percentage Of Remaining Stock Options Will Vest Under Share Based Payment Arrangement Options	60.00%	60.00%	60.00%		60.00%		60.00%
Percentage Of Stock Options Will Vest In Each Quarter Under Share Based Payment Arrangement Options	5.00%	5.00%	5.00%		5.00%		5.00%
Time Linked Vesting
Share Based Payment Arrangements [Line Items]
Vesting Period For Grants Under Share Based Payment Arrangement Options							5 years
Percentage Of Grants Will Vest Under Share Based Payment Arrangement Options							50.00%
Percentage Of Remaining Grants Will Vest Under Share Based Payment Arrangement Options							50.00%
Vesting Period For Remaining Grants Under Share Based Payment Arrangement Options							5 years
Performance Linked Vesting
Share Based Payment Arrangements [Line Items]
Vesting Period For Grants Under Share Based Payment Arrangement Options							3 years
Percentage Of Stock Options Will Vest Under Share Based Payment Arrangement Options	5.00%	5.00%	5.00%		5.00%		5.00%

Other equity - Summary of Debenture Redemption Reserve (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Disclosure Of Detailed Information About Debentures Redemption Reserve Of Equity [Line Items]
Debenture redemption reserve created during the year		₨ 5	₨ 117
Recognition of non-controlling interests pursuant to the Transaction		(188)
Allocation of other equity to non controlling interest	₨ 1	₨ (23)

Legal matters

12 Months Ended

Mar. 31, 2023

Legal Matters [Abstract]

Legal matters

53.

Legal matters

(a)

Dispute with Southern Power Distribution Company of Andhra Pradesh Limited

Certain subsidiaries companies (AP entities) have entered into long-term PPAs having a cumulative capacity of 777 MWs (wind and solar energy projects) with Southern Power Distribution Company of Andhra Pradesh Limited i.e. the distribution company of Andhra Pradesh (APDISCOM). These PPAs have a fixed rate per unit of electricity for the 25-year term. With regard to aforementioned PPAs, certain litigations as described below are currently underway:

In terms of the Generation Based Incentive (GBI) scheme of the Ministry of Renewable Energy (MNRE), the AP entities accrue income based on units of power supplied under the aforementioned PPAs. Andhra Pradesh Electricity Regulatory Commission (APERC) vide its order in July 2018 allowed APDISCOMS to interpret the Andhra Pradesh Electricity Regulatory Commission (Terms and Conditions for Tariff Determination for Wind Power Projects) Regulations, 2015 (Regulations) in a manner to treat GBI as a pass through in the tariff.

The AP entities filed writ petition before the Andhra Pradesh High Court (AP High Court) challenging the vires of the regulation and the order by APERC and were granted an interim stay order in August 2018. As at March 31, 2023 and March 31, 2022, the cumulative amount recoverable from the APDISCOM pertaining to period from February 2017 till July 2018, included in trade receivables amounts to INR 1,004 (March 31, 2022: INR 1,004 million). The AP entities have filed an interim application in AP High Court seeking payment of amount wrongfully deducted by the APDISCOM.

The management basis legal opinion obtained by it and the practice followed consistently in other states, believes that the GBI benefit is over and above the applicable tariffs and the APERC does not have jurisdiction to interfere with the intent of GBI scheme. Therefore the outstanding amount is recoverable and continues to be recognised in the consolidated financial statements.

The Government of Andhra Pradesh (GoAP) issued an order (GO) dated July 1, 2019 constituting a High-Level Negotiation Committee (HLNC) for review and negotiation of tariff for wind and solar energy projects in the state of Andhra Pradesh. Pursuant to the GO, APDISCOM issued letters dated July 11, 2019 and July 12, 2019 to the AP entities, requesting for revision of tariffs entered into in PPAs. The AP entities filed a writ petition on July 23, 2019 before the AP High Court challenging the GO and the said letters issued by APDISCOM for renegotiation of tariffs. The AP High Court issued its order dated September 24, 2019 enumerating the following:

Writ petition is allowed, and both GO and the subsequent letters are set aside.

ii.

Further, APDISCOM were instructed to honour pending and future bills and pay the same at the interim rate of INR 2.43 per unit till determination of Original Petition (O.P.) No. 17 of 2018 pending before APERC

iii.

APERC to dispose-off the case within a time frame of six months.

The AP Entities filed a Writ Appeal before the division bench of the AP High Court challenging the jurisdiction of APERC in entertaining (O.P.) No. 17 of 2018. Parallelly, the AP Entities filed another Writ Appeal before the division bench of the AP High Court challenging AP High Court’s direction to the APDISCOM to pay tariff at interim rate till determination of OP No. 17 of 2018 by APERC. Thereafter, certain power generating companies other than ReNew Group filed petitions under Article 139 of the Constitution of India before the Supreme Court seeking transfer of the proceedings pending before the Division Bench of the High Court, and for adjudication of the same by the Supreme Court.

APDISCOM has also filed a Special Leave Petition (SLP) in the Supreme Court in October 2020 against the Judgment and order dated December 19, 2019 in I.A. No. 9 of 2019 in W.P. No. 9876 of 2019 of another power generating company in the industry, which modified the Order dated September 24, 2019, passed by Single Judge of AP High Court and directed APDISCOM to make payments at the rate mentioned in PPAs. The AP Entities through its Holding Company, ReNew Power Private Limited, has filed an impleadment application in the SLP apprehending that any order or observation of the Supreme Court may have an adverse impact on the Order dated September 24, 2019 and W.A. No. 6 of 2020 and batch pending before Division Bench of the AP High Court.

APDISCOM was directed in order dated October 1, 2021 by the AP High Court to pay 50% amount of the outstanding invoices raised till June 30, 2021. APDISCOM did not comply with this order. Thereafter, the next appeal was heard on November 8, 2021 where APDISCOM was given three more weeks to make the said payment. In subsequent hearing held on December 8, 2021, the AP High Court noted that payments have been made upto May 2021 and APDISCOM had sought some more time for payment of the remaining amounts at the interim rate. The AP High Court had directed APDISCOM to make the payments for June 2021 by December 29, 2021 and was asked to file an affidavit with payment schedule for payments for the third and fourth quarter of 2021. The payments so directed by the AP High Court were received in December 2021. Thereafter, by its common final order dated March 15, 2022, the AP High Court allowed the appeals by AP entities and set aside the Order dated September 24, 2019, holding that APERC does not have the jurisdiction to entertain Original Petition (O.P.) No. 17 of 2018 and directing APDISCOM to pay all outstanding amounts to AP Entities within a period of 6 weeks. Thereafter, APDISCOM has filed an application before the AP High Court seeking extension of the period of 6 weeks’ time granted by the High Court for payment of all outstanding amounts. Certain power generation companies have also filed applications before the High Court seeking implementation of the final order dated March 15, 2022.

Subsequently, APDISCOM have undertaken to pay the outstanding receivable amounting to INR 15,354 in 12 monthly instalments as per the mechanism provided for under the Electricity (Late Payment Surcharge and related matters) Rules, 2022 issued by the Ministry of Power, Government of India (refer Note 38). Pursuant thereto, APDISCOM have paid 8 out of the 12 instalments, as on March 31, 2023 of all undisputed amounts..

APDISCOM have also filed petitions before the Supreme Court seeking special leave to appeal against the AP High Court's order dated March 15, 2022. The Supreme Court by its Order dated December 14, 2022, has issued notice to the respondents in one of the petitions viz. jurisdiction of the APERC to entertain OP 17 of 2019. Further, the Supreme Court by its common Order dated January 2, 2023, has dismissed two petitions filed against the direction to release all payments. Thereafter, as stated herein above, final hearing had commenced in the matter in the months of May, 2023. The next date of hearing in the matter is awaited.

AP entities have total outstanding receivables of INR 11,903 as at March 31, 2023 (March 31, 2022: INR 17,411) from sale of electricity against such PPAs [including an amount of INR 1,004 for GBI receivable as explained in part (a) to the note], which was the subject matter of dispute. Subsequent to March 31, 2023, AP entities have received a sum of INR 4,202 from APDISCOM.

In view of the favourable order by the AP High Court and basis legal opinions obtained by the Company, management believes that it has strong merits in the case and no additional adjustment is required in the consolidated financial statements.

(b)

Dispute with Karnataka Electricity Regulatory Commission

Distribution companies of the state of Karnataka issued demand notices to captive users (customers of certain Group’s subsidiaries) and to the respective captive plants (hereinafter refer to as the "SPVs"), alleging that captive users had not consumed energy in proportion to their respective shareholding in the SPVs, thereby failing to maintain their Captive Status in accordance with Rule 3 of the Electricity Rules, 2005, and consequently, were liable to pay cross subsidy surcharge and differential between rate of electricity tax applicable on the energy consumed in the entire year.

SPVs had deposited a sum of INR 114 (March 31, 2022: INR 114) under protest against the demand raised by distribution companies amounting INR 298 (March 31, 2022: INR 298) in relation to the demand notices up to financial year ended March 31, 2018. Thereafter, the SPVs had filed petitions before the Karnataka Electricity Regulatory Commission (KERC) contesting these demands. On July 20, 2022, KERC has reserved the petitions for final orders which are awaited.

KERC had granted interim relief and stayed the demand notice and disconnection by the distribution companies till final adjudication of the petitions. The amount paid under protest has been accounted for as recoverable and disclosed under head “Other current assets” in these financial statements.

Apart from above, a sum of INR 216 has been demanded by distribution companies from some of the captive users of the SPVs towards energy supplied till March 31, 2023, alleging that the captive user had not consumed energy in proportion to its respective shareholding in the SPVs. The SPVs have filed a writ petitions in July 2019 and August 2020 before the High Court of Karnataka challenging such demands and seeking their quashing. The High Court, vide Orders dated July 18, 2019, December 18, 2019, September 18, 2020 and October 6, 2020, has directed that no precipitative action shall be taken on these demand notices till final adjudication of the petitions. By its final order dated March 7, 2023, KERC has allowed the petition in favour of ReNew Wind Energy (Karnataka) Private Limited and quashed the demand letters. However, the final order in the petition for ReNew Wind Energy (AP) Private Limited is awaited. The petitions before the High court are pending.

Based on legal advice obtained, believes that there are merits in its position and that the demand raised by distribution companies would be rescinded by relevant legal authorities and hence no adjustment has been made in the consolidated financial statements in this regard.

(c)

Order of the Supreme Court of India to underground high-tension power lines

In 2019, a petition in public interest (the “Writ Petition”) was filed before the Supreme Court of India to seek directions to save two protected species of birds in the state of Rajasthan and Gujarat (the ‘Birds’) stating that these Birds collide with overhead transmission lines and suffer injuries or die. During the current period, on April 19, 2021, the Supreme Court has ordered (the “Order”) for all existing and future power lines to be undergrounded, subject to feasibility in case of high-tension power lines. As at March 31, 2023, operational capacity in the Rajasthan and Gujarat projects likely to be affected by the Supreme Court order was 1,813.8 MW and the capacity of the under-development projects in Rajasthan and Gujarat, which are likely to be impacted by the Supreme Court order was 2,585 MW.

The Group along with other companies in the industry affected by the Order have filed applications seeking certain modification of the directions passed by the Supreme Court of India, including (i) exemption from undergrounding for existing power projects and (ii) declaration of the cost of undergrounding as a pass-through under the various power purchase agreements. Applications have also been filed by the Ministry of New and Renewable Energy and the Government of Rajasthan, seeking similar modifications. Through Order dated April 21, 2022, the Supreme Court of India directed (i) completion of installation of bird diverters on all overhead transmission lines in the Priority Area identified by the Supreme Court by July 20, 2022 and (ii) all affected projects to approach the Technical Expert Committee appointed by it to seek any exemption from undergrounding and to approach the Supreme Court thereafter in case of any grievance from the decision of the committee.

Thereafter the matter was heard on November 30, 2022, on which date the Supreme Court directed (i) The Chief Secretaries of the States of Rajasthan and Gujarat shall ensure that within the priority areas, a comprehensive exercise is completed no later than within a period of six weeks to assess (a) the total length of transmission lines; and (b) the estimated number of bird divertors required for the purpose, and filed affidavits indicating the outcome of the exercise and the number of bird diverters required to be installed, (ii) the Expert Committee appointed by the Supreme Court to file an updated report before the next date of hearing on the status of applications which have been submitted to it and those that have been cleared in the meantime, and (iii) to file an updated status report within 6 weeks on the steps which have been taken to complete the tendering process and install bird diverters. The Group has completed installation of bird diverters on its dedicated transmission lines in the priority area as per the directions contained in the Orders dated April 21, 2022 and November 30, 2022.

The Company has also received exemptions from undergrounding some of its transmission lines from the Technical Committee appointed by the Supreme Court, and is in the process for applying for exemptions for other affected lines. Management expects that the Supreme Court is likely to hear and conclude the captioned matter expeditiously in July 2023.The next date in the matter is awaited.

In the interim, in parallel the Company is approaching the Expert Committee for exemption from undergrounding in a phased manner, after conducting route surveys and other studies to support the case for exemption.

Further, management, basis legal opinion obtained by it believes that the additional cost that will be incurred by the Group shall be recovered from customers under respective PPAs through provisions relating to change in law and force majeure and hence no material financial implication is likely to devolve on the Group.

Liability for put options with non-controlling interests - Summary of liability for put options with non-controlling interests (Details) ₨ in Millions, $ in Millions	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)
Liability For Put Options With Non-controlling Interests [Abstract]
Liability for put options with non-controlling interests, Non-current	₨ 4,422	$ 54	₨ 8,636
Liability for Put Options With Non-controlling Interests Current	₨ 987	$ 12	₨ 910

Finance costs and fair value change in derivative instruments (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure Of Detailed Information About Finance Cost And Fair Value Change in Derivative Instruments [Abstract]

Summary of detailed information about finance cost and fair value change in derivative instruments


	For the year ended March 31,
	2021		2022		2023		2023
	(INR)		(INR)		(INR)		(USD)
Interest expense#		34,988		35,667		43,066		524
Bank charges		428		625		869		11
Option premium amortisation		1,773		2,327		2,510		31
Loss on fair value changes on derivative instruments*		—		1,629		1,799		22
Loss on account of modification of contractual cash flows (refer note (i) below)		—		—		1,277		16
Unwinding of discount on provisions		745		778		953		12
Unamortised ancillary borrowing cost written off		347		686		492		6
Total		38,281		41,712		50,966		620

#Includes interest on loan from related parties, compulsorily convertible preference shares and lease liabilities of INR Nil (March 31, 2022: INR Nil, March 31, 2021: INR 19), INR Nil (March 31, 2022: 925, March 31, 2021: INR 3,361) and INR 414 (March 31, 2021:166; March 31, 2021: INR 113), respectively.

*Represents cumulative losses that were reported in equity and have been transferred to statement of profit or loss in respect of forecasted transaction that are no longer expected to occur.

Finance costs and fair value change in derivative instruments - Additional Information (Detail) ₨ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)
Disclosure Of Detailed Information About Finance Cost And Fair Value Change in Derivative Instruments [Abstract]
Unwinding income on trade receivables of financial assets	₨ 441
Trade receivables outstanding amount	₨ 3,671

Other income

12 Months Ended

Mar. 31, 2023

Other Income Expense [Abstract]

Other income

34.

Other income


	For the year ended March 31,
	2021		2022		2023		2023
	(INR)		(INR)		(INR)		(USD)
Government grant
- generation based incentive		1,846		2,029		1,990		24
- viability gap funding		32		32		11		0
Compensation for loss of revenue		431		1,461		806		10
Gain on sale of property, plant and equipment		0		10		5		0
Insurance claim		63		265		470		6
Gain on derivative instruments designated as cash flow hedge (net)		16		29		—		—
Gain on disposal of subsidiaries (net) (refer Note 40)		—		214		—		—
Excess provisions written back		—		611		707		9
Commission on financial guarantee contracts (refer Note 46)		—		78		—		—
Miscellaneous income		455		389		478		6
Fair value gain on investment		27		—		—		—
Fair value change of mutual fund (including realised gain)		—		21		114		1
Total		2,870		5,139		4,581		56

Employee benefit liabilities

12 Months Ended

Mar. 31, 2023

Disclosure of Employee Benefit Liabilities [abstract]

Employee benefit liabilities

24.

Employee benefit liabilities


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Non-current
Provision for gratuity (refer Note 41)		169		207		3
Total		169		207		3

Current
Provision for gratuity (refer Note 41)		20		24		0
Provision for compensated absences		159		247		3
Total		179		271		3

Interest-bearing loans and borrowings - long term - Summary of non convertible debentures (Secured) (Detail) ₨ / shares in Units, ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨) ₨ / shares shares	Mar. 31, 2023 USD ($) shares	Mar. 31, 2022 INR (₨) shares
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Transaction Cost	₨ 2,990	$ 36	₨ 242
Tranche One
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	2,655	2,655	3,025
Earliest redemption date	Sep. 30, 2023
Last date of repayment	Oct. 31, 2026	Oct. 31, 2026
Terms of repayment	Half yearly
Tranche Two
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	422
Earliest redemption date	Sep. 30, 2022
Last date of repayment	Sep. 30, 2022	Sep. 30, 2022
Terms of repayment	Half yearly
Tranche Three
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,728	1,728	2,031
Earliest redemption date	Sep. 30, 2023
Last date of repayment	Sep. 30, 2034	Sep. 30, 2034
Terms of repayment	Half yearly
Tranche Four
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	4,012	4,012	3,675
Earliest redemption date	Sep. 30, 2023
Last date of repayment	Sep. 30, 2034	Sep. 30, 2034
Terms of repayment	Half yearly
Tranche Five
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	2,000
Earliest redemption date	Oct. 26, 2022
Last date of repayment	Oct. 26, 2022	Oct. 26, 2022
Terms of repayment	Bullet
Tranche Six
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	1,500
Earliest redemption date	Sep. 27, 2022
Last date of repayment	Sep. 27, 2022	Sep. 27, 2022
Terms of repayment	Bullet
Tranche Seven
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	3,738
Earliest redemption date	Aug. 31, 2022
Last date of repayment	Aug. 31, 2022	Aug. 31, 2022
Terms of repayment	Bullet
Tranche Eight
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	5,159	5,159	5,159
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Nine
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,747	1,747	1,747
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Ten
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,674	1,674	1,674
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Eleven
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	440	440	440
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Twelve
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	5,948	5,948	5,948
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Thirteen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	2,972	2,972	2,972
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Fourteen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,197	1,197	1,197
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Fifteen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,189	1,189	1,189
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Sixteen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,188	1,188	1,188
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Seventeen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	1,199
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Eighteen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	1,196
Earliest redemption date	Apr. 28, 2024
Last date of repayment	Apr. 28, 2024	Apr. 28, 2024
Terms of repayment	Bullet
Tranche Nineteen
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,548	1,548	1,548
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	6,765	6,765	6,765
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty One
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	3,835	3,835	3,835
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty Two
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	11,721	11,721	11,721
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty Three
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	1,736	1,736	1,736
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty Four
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	3,663	3,663	3,663
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty Five
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	4,432	4,432	4,432
Earliest redemption date	Aug. 22, 2026
Last date of repayment	Aug. 22, 2026	Aug. 22, 2026
Terms of repayment	Bullet
Tranche Twenty Six
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 1,000,000
Numbers of NCDs outstanding \| shares	0	0	10,020
Earliest redemption date	Mar. 31, 2023
Last date of repayment	Mar. 31, 2023	Mar. 31, 2023
Terms of repayment	Bullet
Tranche Twenty Seven
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 10
Numbers of NCDs outstanding \| shares	36,732,513	36,732,513	0
Earliest redemption date	Dec. 05, 2052
Last date of repayment	Dec. 05, 2052	Dec. 05, 2052
Terms of repayment	Bullet
Tranche Twenty Eight
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 10
Numbers of NCDs outstanding \| shares	26,661,237	26,661,237	0
Earliest redemption date	Feb. 16, 2053
Last date of repayment	Feb. 16, 2053	Feb. 16, 2053
Terms of repayment	Bullet
Tranche Twenty Nine
Disclosure Of Detailed Information About Secured Non Convertible Debentures [Line Items]
Listing status	Non listed
Face value per NCD \| ₨ / shares	₨ 100,000
Numbers of NCDs outstanding \| shares	20,000	20,000	0
Earliest redemption date	Jun. 01, 2026
Last date of repayment	Jun. 01, 2026	Jun. 01, 2026
Terms of repayment	Bullet

Other equity (Tables)

12 Months Ended

Mar. 31, 2023

Other Equity [Abstract]

Summary of Hedge Reserve


	(Amounts in INR)
As at April 1, 2020		(1,086	)
OCI for the year (refer Note 54)		(4,072	)
Attributable to non-controlling interests (refer Note 54)		(66	)
As at March 31, 2021		(5,224	)
OCI for the year (refer Note 54)		3,565
Recognition of non-controlling interests pursuant to the Transaction		716
Attributable to non-controlling interests (refer Note 54)		(385	)
As at March 31, 2022		(1,328	)
OCI for the year		861
Attributable to non-controlling interests		(151	)
As at March 31, 2023 (INR)		(618	)
As at March 31, 2023 (USD)		(8	)

Summary of Share Based Payment Reserve


	(Amounts in INR)
As at April 1, 2020		1,161
Expense for the year		177
Repurchase of vested stock options		(176	)
Forfeiture of vested options		3
As at March 31, 2021		1,165
Expense for the year		2,505
Recognition of non-controlling interests pursuant to the Transaction		(117	)
Repurchase of vested stock options		(24	)
Amount utilised on exercise of stock options		(85	)
As at March 31, 2022		3,444
Expense for the year		2,512
Shares issued during the year		(70	)
As at March 31, 2023 (INR)		5,886
As at March 31, 2023 (USD)		72

Summary of Retained Earnings / (Losses)


	(Amounts in INR)
As at April 1, 2020		1,207
Loss for the year		(7,818	)
Re-measurement loss on defined benefit plans (net of tax)		(7	)
Forfeiture of vested options		(3	)
Acquisition of interest by NCI in subsidiaries		29
Repurchase of vested stock options		(470	)
Debenture redemption reserve created during the year		(117	)
Debenture redemption reserve released on account of repayment of debentures		811
Others*		(121	)
As at March 31, 2021		(6,489	)
Loss for the year		(16,077	)
Re-measurement loss on defined benefit plans (net of tax)		6
Acquisition of interest by NCI in subsidiaries		1
Repurchase of vested stock options		(65	)
Debenture redemption reserve created during the year		(5	)
Debenture redemption reserve released on account of repayment of debentures		140

Adjustments / impact pursuant to the Transaction:
Distribution / cash paid to RPPL’s equity holders		(19,609	)
Recognition of non-controlling interests pursuant to the Transaction		214
Change in fair value of put option liability / derecognition of non-controlling interests		(4,667	)
Effect of approved capital reduction (refer Note 17)		9,128
Shares pending cancellation (refer Note 17)		(997	)
As at March 31, 2022		(38,420	)
Loss for the year		(4,817	)
Re-measurement loss on defined benefit plans (net of tax)		2
Acquisition of interest by non-controlling interest in subsidiaries		(31	)
Debenture redemption reserve released on account of repayment of debentures		106
Change in fair value of put option liability / derecognition of non-controlling interests during the year		3,034
Shares bought back, held as treasury stock (refer Note 17)		(13,499	)
Allocation of other equity to non controlling interest		15
As at March 31, 2023 (INR)		(53,610	)
As at March 31, 2023 (USD)		(652	)

* represents distribution to equity shareholder for financial guarantee given (refer Note 46)

Summary of Other Components of Equity


	(Amounts in INR)
As at April 1, 2021*		1,661
As at March 31, 2022*		(4,116	)
As at March 31, 2023 (INR) *		(3,750	)
As at March 31, 2023 (USD) *		(46	)

* Represents capital reserve, debenture redemption reserve and foreign currency translation reserve as explained below.

Summary of Capital Reserve


	(Amounts in INR)
As at April 1, 2020		(29	)
Gain on acquisition of non-controlling interest		78
As at March 31, 2021		49
Acquisition of non-controlling interest (refer Note 56(c)(i))		(5,618	)
Recognition of non-controlling interests pursuant to the Transaction		(5	)
Allocation of other equity to non controlling interest		1
As at March 31, 2022		(5,573	)
Allocation of other equity to non-controlling interest		76
As at March 31, 2023 (INR)		(5,497	)
As at March 31, 2023 (USD)		(67	)

Summary of Debenture Redemption Reserve


	(Amounts in INR)
As at April 1, 2020		2,296
Debenture redemption reserve created during the year		117
Debenture redemption reserve transferred to retained earnings during the year		(811	)
As at March 31, 2021		1,602
Debenture redemption reserve created during the year		5
Recognition of non-controlling interests pursuant to the Transaction		(188	)
Allocation of other equity to non controlling interest		(23	)
Debenture redemption reserve transferred to retained earnings / (losses) during the year		(140	)
As at March 31, 2022		1,256
Debenture redemption reserve transferred to retained earnings / (losses) during the year		(106	)
Allocation of other equity to non controlling interest		50
As at March 31, 2023 (INR)		1,200
As at March 31, 2023 (USD)		15

Summary of Foreign Currency Translation Reserve


	(Amounts in INR)
As at April 1, 2020		12
Exchange differences on translation of foreign operations		(2	)
As at March 31, 2021		10
Exchange differences on translation of foreign operations		191
As at March 31, 2022		201
Exchange differences on translation of foreign operations		345
Allocation of other equity to non controlling interest		1
As at March 31, 2023 (INR)		547
As at March 31, 2023 (USD)		7

Other operating income - Summary of Other Operating Income (Detail) ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)
Schedule Of Other Operating Income [Abstract]
Income from sale of emission reduction certificates	₨ 1,045	$ 12	₨ 2,626

Commitments, liabilities and contingencies - Additional Information (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement [Line Items]
Accrued tax expense	₨ 0
Disallowances of share-based payment expenses, interest expense and other	1,675	₨ 1,106
Financial guarantees renewable projects	₨ 18,607	₨ 14,875

Finance costs and fair value change in derivative instruments - Summary of Detailed Information About Finance costs and Fair Value Change in Derivative Instruments (Detail) ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)	Mar. 31, 2021 INR (₨)
Disclosure Of Detailed Information About Finance Cost And Fair Value Change in Derivative Instruments [Abstract]
Option premium amortisation	₨ 2,510	$ 31	₨ 2,327	₨ 1,773
Loss on account of modification of contractual cash flows	1,277	16
Unamortised ancillary borrowing cost written off	492	6	686	347
Total	₨ 49,689	$ 605	₨ 41,712	₨ (38,281)

Share capital - Summary of Issued Share Capital (Detail) - INR (₨) ₨ in Millions		5 Months Ended	7 Months Ended	12 Months Ended
	Apr. 01, 2021	Aug. 23, 2021	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Disclosure Of Reconciliation Of Issued Capital [line Items]
Shares issued during the year, shares	45,637,118		12,328,219	215,000
Capital transaction involving issue of shares		105,011,966
Recognition of non-controlling interests, shares		(49,732,523)
Adjustment to arrive at number of equity instruments		(92,336,396)
Shares pending cancellation			(1,655,300)	(1,655,300)
Shares bought back, held as treasury stock				(28,010,273)
Capital transaction involving issue of shares amount		₨ 72,605			₨ 73,655
Recognition of non-controlling interests		(13,226)			13,103
Adjustment to arrive at number of equity instruments amount		₨ 0
Shares pending cancellation amount			₨ 0	₨ (13,499)	₨ (997)

Derivative Instrument Liabilities (Tables)

12 Months Ended

Mar. 31, 2023

Text Blocks [Abstract]

Summary of Derivative instrument financial liabilities


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Financial liabilities designated as a hedge instrument at fair value
Non-current
Derivative instruments - hedge instruments		—		521		6
		—		521		6
Current
Financial liabilities designated as a hedge instrument at fair value
Derivative instruments - hedge instruments		1,723		345		4

Financial liabilities at FVTPL
Derivative instruments - share warrants (refer Note 44)		2,486		1,309		16
Total		4,209		1,654		20

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure Of Summary of Significant Accounting Policies [Abstract]

Summary of Depreciation and Amortisation are Calculated on a straight-line basis over the estimated useful lives of the Assets

Depreciation and amortisation are calculated on a straight-line basis over the estimated useful lives of the assets as follows:


	Category		Life (in years)
	Plant and equipment (solar rooftop projects)*		25 or terms of PPA, whichever is less (15-25)
	Plant and equipment (solar power projects)*		35
	Plant and equipment (wind power projects)*		30
	Plant and equipment (hydro power projects)		25-45
	Plant and equipment (others)		5-18
	Office equipment		5
	Furniture and fixture		10
	Computers		3
	Computer servers		6
	Computer softwares		3-6
	Other intangible assets		5
	Customer contracts		25
	Development rights		25
	Leasehold improvements		Useful life or lease term (5), whichever is lower
	Building (Temporary structure)		3
	Buildings (other than Temporary structure)		30

Summary of Right-of-use assets

Right-of-use assets are depreciated on a straight-line basis over the shorter of the lease term and the estimated useful lives of the assets, as follows:

•

Leasehold land: 13 to 35 years

•

Building: 3 to 5 years

Interest-bearing loans and borrowings - long term

12 Months Ended

Mar. 31, 2023

Disclosure of Interest Bearing Loans and Borrowings [Abstract]

Interest-bearing loans and borrowings - long term

19.

Interest-bearing loans and borrowings - long term


				Non-current						Current
				As at March 31,						As at March 31,
	Notes	Interest rate (p.a.)	Maturity	2022		2023		2023		2022			2023			2023
				(INR)		(INR)		(USD)		(INR)			(INR)			(USD)
Debentures
- Non convertible debentures (secured)	(i)	6.03% - 11.50%	April 2024 to February 2053		76,184		70,888		862		8,078			741			9
- Compulsorily convertible debentures (unsecured)	(ii)	8.00% - 13.00%	June 2026 to June 2061		1,213		16,999		207		—			—			—
Term loan from bank (secured)	(iii)	7.61% - 11.49%	January 2024 to June 2042		59,847		102,703		1,250		3,972			9,650			117
Term loan from financial institutions (secured)	(iv)	7.50% - 11.15%	April 2024 to January 2044		102,088		174,350		2,121		7,681			10,200			124
Senior secured notes	(v)	4.89% - 6.18%	March 2027 to July 2028		134,397		102,353		1,245		36,315			—			—
					373,729		467,293		5,686		56,046			20,591			251
Interest accrued					—		—		—		3,858			3,212			39
Interest-bearing loans and borrowings - total #					373,729		467,293		5,686		59,904			23,803			290
Amount disclosed under the head 'other current financial liabilities' (refer Note 22)					—		—		—		(59,904	)		(23,803	)		(290	)
Interest-bearing loans and borrowings - net					373,729		467,293		5,686		—			—			—

# Certain borrowings included above are guaranteed by RPPL on behalf of the Group entities. Further, certain securities held in subsidiary companies are pledged with banks and financial institutions as security for financial facilities obtained by subsidiary companies.

Notes:

(a)

Details of terms and security

(i)

Non convertible debentures (secured)

The debentures are secured by way of first pari passu charge on the respective Company’s immovable properties, movable assets, current assets, cash accruals including but not limited to current assets, receivables, book debts, cash and bank balances, loans and advances etc. present and future.

(ii)

Compulsorily convertible debentures (unsecured)

Terms of conversion of CCDs


Entity / Issuer	Tenure (years)	Total proceeds (INR)		Maturity date	Number of debentures		Interest coupon rate	Moratorium period	Conversion Terms
Abha Solarfarms Limited	10		35	June 6, 2026, January 26, 2027 and May 24, 2027		346,874	10.70%	24 months from the date of issue	CCDs shall compulsorily convert into such number of equity shares that equals the fair value of the equity shares on the date of conversion so issued. Face value of each CCD is INR 100.
Aalok Solarfarms Limited	10		35	June 6, 2026, January 26, 2027 and May 24, 2027		346,874	10.70%	24 months from the date of issue
Shreyas Solarfarms Limited	10		69	June 8, 2026, January 26, 2027 and June 8, 2027		693,700	10.70%	24 months from the date of issue
Heramba Renewables Limited	10		69	January 26, 2027 and May 24, 2027		693,750	10.70%	24 months from the date of issue
ReNew Solar Energy (Jharkhand three) Private Limited	6		965	March 31, 2027		8,775,454	8.00%	Not applicable	One equity share will be issued for each CCD on the maturity date (1:1)
IB Vogt Solar Seven Private Limited	40		23	August 18, 2060 and June 17, 2061		2,299,544	10.00%	24 months from the date of issue	One equity share will be issued for each CCD on the maturity date (1:1)
Renew Surya Roshani Private Limited	26		15,308	August 5, 2048		866,076,759	13.00%	Not applicable	One equity share will be issued for each CCD on the maturity date (1:1)
Total			16,504			879,232,955

(iii)

Term loan from banks (secured)

Secured by pari passu first charge by way of mortgage of all the present and future immovable properties, hypothecation of movable assets, book debt, operating cash flows, receivables, commissions, revenue, all bank accounts and assignment of all rights, title, interests, benefits, claims etc. of project documents and insurance contracts of the respective Group Company. These loans usually have repayment cycle of monthly / quarterly payments. For all long-term loan arrangements from bank, the Group has complied with the debt covenants as at March 31, 2023. For the year ended March 31, 2022, the Group could not meet covenants for a long-term loan arrangement amounting to INR 653 wherein the liability became payable on demand. The Group had classified these liabilities as current as on March 31, 2022.

(iv)

Term loan from financial institutions (secured)

Secured by a first pari passu charge by way of mortgage on immovable properties, first pari passu charge by way of hypothecation of tangible moveable assets, first charge on all the current assets and accounts. Further secured by way of assignment of all the rights, title, interest, benefit, claims and demands under all the project agreements, letter of credit, insurance contracts and proceeds, guarantees, performance bond etc. of the respective company. These loans usually have repayment cycle of monthly / quarterly payments.

(v)

Listed senior secured notes

Notes are secured by way of exclusive mortgage over immovable properties and exclusive charge by way of hypothecation of tangible and intangible movable assets. Further secured by way of hypothecation over rights and benefit, claims and demands under all the project agreements, letter of credit, insurance contracts and proceeds, guarantees, performance bond etc. of the company. Secondary charge over the account receivables, book debts and cash flows. The senior secured notes shall be repaid through bullet payments starting from March 2027 to July 2028.

(b)

The details of non convertible debentures (secured) are as below:


				Numbers of NCDs outstanding				Outstanding amount							Earliest
	Debenture	Face value per		As at March 31,				As at March 31,						Nominal	redemption	Last date of	Terms of
Listing status	Series	NCD (INR)		2022		2023		2022		2023		2023		interest rate (p.a.)	date	repayment	repayment
								(INR)		(INR)		(USD)
Listed	Not applicable		1,000,000		3,025		2,655		3,025		2,655		32	9.75%	30-Sep-23	31-Oct-26	Half yearly
Listed	Series-1		1,000,000		422		—		422		—		—	8.55%	30-Sep-22	30-Sep-22	Half yearly
Listed	Series-2		1,000,000		2,031		1,728		2,031		1,728		21	9.05%	30-Sep-23	30-Sep-34	Half yearly
Listed	Series-3		1,000,000		3,675		4,012		3,675		4,013		49	9.15%	30-Sep-23	30-Sep-34	Half yearly
Non listed	Not applicable		1,000,000		2,000		—		2,000		—		—	4.25%	26-Oct-22	26-Oct-22	Bullet
Non listed	Not applicable		1,000,000		1,500		—		1,500		—		—	12.69%	27-Sep-22	27-Sep-22	Bullet
Non listed	Not applicable		1,000,000		3,738		—		3,738		—		—	8.55%	31-Aug-22	31-Aug-22	Bullet
Non listed	Not applicable		1,000,000		5,159		5,159		5,159		5,159		63	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,747		1,747		1,747		1,747		21	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,674		1,674		1,674		1,674		20	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		440		440		440		440		5	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		5,948		5,948		5,948		5,948		72	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		2,972		2,972		2,972		2,972		36	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,197		1,197		1,197		1,197		15	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,189		1,189		1,189		1,189		14	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,188		1,188		1,188		1,188		14	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,199		—		1,199		1,199		15	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,196		—		1,196		1,196		15	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,548		1,548		1,548		1,548		19	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		6,765		6,765		6,765		6,765		82	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		3,835		3,835		3,835		3,835		47	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		11,721		11,721		11,721		11,721		143	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		1,736		1,736		1,736		1,736		21	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		3,663		3,663		3,663		3,663		45	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		4,432		4,432		4,432		4,432		54	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		10,020		—		10,020		—		—	7.75%	31-Mar-23	31-Mar-23	Bullet
Non listed	Not applicable		10		—		36,732,513		—		367		4	11.50%	5-Dec-52	5-Dec-52	Bullet
Non listed	Not applicable		10		—		26,661,237		—		267		3	11.50%	16-Feb-53	16-Feb-53	Bullet
Non listed	Not applicable		100,000		—		20,000		—		2,000		24	9.30%	1-Jun-26	1-Jun-26	Bullet
Total (gross)									84,020		68,639		835
Transaction costs, discount on issue and premium on redemption									242		2,990		36
Total									84,262		71,629		871

Share capital - Summary of Issued Share Capital (Parenthetical) (Detail) - INR (₨) ₨ in Millions		5 Months Ended
	Aug. 23, 2021	Aug. 23, 2021
Disclosure Of Reconciliation Of Issued Capital [Line Items]
Share exchange ratio	0.8289
Derecognition of Compulsorily convertible preference shares classified as financial liability		₨ 27,665
Deemed number of shares issued by acquiree	127,381,626

Other operating income (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure of Other Operating Income [Abstract]

Summary of Other operating income


	For the year ended March 31,
	2021		2022		2023		2023
	(INR)		(INR)		(INR)		(USD)
Income from leases		80		68		60		1
Income from sale of emission reduction certificates		—		2,626		1,045		12
Total		80		2,694		1,105		13

Other equity - Summary of Foreign Currency Translation Reserve (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disclosure Of Detailed Information About Reserve Of Exchange Differences On Translation Of Equity [Line Items]
Allocation of other equity to non controlling interest	₨ 1	₨ (23)

Other Assets - Summary of Other Assets (Detail) ₨ in Millions, $ in Millions	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)
Non-current
Capital advance	₨ 10,990	$ 134	₨ 9,971
Advances recoverable	446	5	72
Security deposits	0	0	7
Balances with government authorities	27	0	31
Current
Advances recoverable (refer Note 53)	1,471	18	1,517
Balances with government authorities	859	10	1,484
Others	₨ 34	$ 0	₨ 0

Cash and bank balances - Summary Of Bank Balances Other Than Cash And Cash Equivalents Explanatory (Detail) ₨ in Millions, $ in Millions	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)
Bank Balances Other Than Cash And Cash Equivalents [Abstract]
Less: amount disclosed under financial assets (others) (refer Note 9)	₨ (1,003)	$ (12)	₨ (1,318)

Disposal group held for sale and disposal of subsidiaries (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure of Disposal Groups Classified as Held For Sale [Line Items]

Schedule of portfolio companies transferred under arrangement

Following wholly owned subsidiaries under ReNew Solar were proposed to be sold:


(i) Renew Distributed Solar Services Private Limited	(xi) Renew Sun Ability Private Limited
(ii) Renew Distributed Solar Energy Private Limited	(xii) ReNew Mega Light Private Limited
(iii) Renew Distributed Solar Power Private Limited	(xiii) Renew Sun Flash Private Limited
(iv) Renew Surya Prakash Private Limited	(xiv) Renew Mega Urja Private Limited
(v) Renew Saur Vidyut Private Limited	(xv) Renew Mega Spark Private Limited
(vi) ReNew Energy Services Private Limited	(xvi) Renew Green Energy Private Limited
(vii) ReNew Solar Sun Flame Private Limited	(xvii) Renew Green Power Private Limited
(viii) Renew Solar Daylight Energy Private Limited	(xviii) Renew Green Solutions Private Limited
(ix) Zorya Distributed Power Services Private Limited	(xix) Renew Mega Green Private Limited
(x) Renew Clean Tech Private Limited	(xx) Renew Surya Mitra Private Limited

Details of assets and liabilities at the date of disposal

Assets and liabilities of Adyah Solar at the date of disposal


Particulars		As at February 15, 2021
		(INR)
Assets
Property, plant and equipment			14,383
Right of use assets			1,571
Trade receivables			621
Bank balances other than cash and cash equivalents			392
Cash and cash equivalents			16
Other non-current assets			10
Prepayments (non-current)			37
Other current financial assets			2
Other current assets			25
Total assets	(a)		17,057

Liabilities
Interest-bearing loans and borrowings			10,336
Others non-current financial liabilities			596
Long term provisions			100
Others current financial liabilities			48
Other current liabilities			20
Total liabilities	(b)		11,100

Net assets sold	(c) = (a) - (b)		5,957

Total consideration	(d)		5,549

Total impairment loss on assets of disposal group held for sale (presented under other expenses in statement of profit or loss)	(c) - (d)		408

Consideration satisfied by:
Cash and cash equivalents			3,613
Deferred consideration receivable			1,936
			5,549

Schedule of results of disposal of subsidiary included in statement of profit or loss

The results of Adyah Solar included in statement of profit or loss were as follows:


	For the year ended March 31,
	2021			2020
	(INR)			(INR)
Income		2,372			1,998
Expenses		(2,718	)		(2,563	)
Loss before tax		(346	)		(565	)
Income tax expense		229			113
Loss for the year		(117	)		(452	)

Schedule of impact on cash flow statement on disposal of subsidiary

Impact on cash flow statement

During the year ended March 31, 2021, Adyah Solar contributed INR 1,120 (March 31, 2020: INR 1,061) to the Group’s net operating cash flows, INR 206 (March 31, 2020: paid INR 2,770) in respect of investing activities and paid INR 1,354 (March 31, 2020: contributed INR 1,727) in respect of financing activities.


Net cash inflow arising on disposal:
Consideration received in cash and cash equivalents	3,613
Less: cash and cash equivalents disposed	(16	)
	3,597

Disposal group held for sale and disposal of subsidiaries - Details of Assets and Liabilities at Date of Disposal (Detail) - INR (₨) ₨ in Millions				12 Months Ended
	Mar. 29, 2022	Jan. 18, 2022	Feb. 15, 2021	Mar. 31, 2022
Assets and Liabilities of Subsidiary at the Date of Disposal [Line Items]
Total gain / (loss)	₨ (13)			₨ 227
Total impairment loss on assets of disposal group held for sale (presented under other expenses in statement of profit or loss)			₨ 408
Consideration satisfied by:
Deferred consideration receivable			₨ 1,936
Two Solar Rooftop Projects
Assets and Liabilities of Subsidiary at the Date of Disposal [Line Items]
Total gain / (loss)		₨ 227
Total impairment loss on assets of disposal group held for sale (presented under other expenses in statement of profit or loss)		88
Consideration satisfied by:
Deferred consideration receivable		₨ 610

Depreciation and amortisation (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure of Depreciation and Amortisation Expense [Abstract]

Disclosure Of Schedule Of Depreciation And Amortisation Expense


	For the year ended March 31,
	2021		2022		2023		2023
	(INR)		(INR)		(INR)		(USD)
Depreciation of property, plant and equipment (refer Note 5)		10,615		12,198		14,032		171
Amortisation of intangible assets (refer Note 6)		1,166		1,305		1,464		18
Depreciation of right of use assets (refer Note 7)		245		261		405		5
Total		12,026		13,764		15,901		193

Summary of Significant Accounting Policies - Summary of Depreciation and amortisation are calculated on a straight-line basis over the estimated useful lives of the assets (Parenthetical) (Detail)	Mar. 31, 2023
Disclosure Of Depreciation Amortization Of Tangible And Intangible Assets [Line Items]
Intangible assets residual value as a percentage of original cost	5.00%

Legal matters - Additional Information (Detail) ₨ in Millions, $ in Millions			12 Months Ended
	Apr. 01, 2023 USD ($)	Oct. 01, 2021	Mar. 31, 2023 INR (₨) Instalments Mws ₨ / MWh ₨ / MW MW	Mar. 31, 2022 INR (₨)
Legal Matters [Line Items]
Generation based incentive receivable			₨ 1,004
Proceeds from trade receivables \| $	$ 4,202
Number of instalments paid \| Instalments			8
Number of instalments to be paid \| Instalments			12
Order of the Supreme Court of India to Underground High-tension Power Lines
Legal Matters [Line Items]
Total capacity of operational power projects \| MW			1,813.8
Number of power projects under development in the area \| ₨ / MW			2,585
Dispute With Southern Power Distribution Company of Andhra Pradesh Limited
Legal Matters [Line Items]
PPA cumulative capacity of MW \| Mws			777
Fixed rate electricity term			25 years
Interim rate \| ₨ / MWh			2.43
Percentage of amount of outstanding invoices		50.00%
Dispute With Karnataka Electricity Regulatory Commission
Legal Matters [Line Items]
Deposit under protest			₨ 114	₨ 114
Demanded by distribution companies from some of the captive users of the SPVs towards energy supplied			₨ 216	₨ 298

Basis of preparation and changes to the Group's accounting policies

12 Months Ended

Mar. 31, 2023

Disclosure Of Basis Of Preparation [Abstract]

Basis of preparation and changes to the Group's accounting policies

2.1. Basis of preparation

The consolidated financial statements of the Group have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). The Group has prepared the financial statements on the basis that it will continue to operate as a going concern. The Directors consider that there are no material uncertainties that may cast significant doubt over this assumption. They have formed a judgement that there is a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future, and not less than 12 months from the end of the reporting period.

These consolidated financial statements have been prepared in accordance with the accounting policies, set out below, and were in all material aspects were consistently applied to all periods presented unless otherwise stated. Refer Note 4.2.1 for new and amended standards and interpretations adopted by the Group.

The consolidated financial statements have been prepared on a historical cost basis, except for the following assets and liabilities which have been measured at fair value:

- Financial assets and liabilities measured at fair value (refer accounting policy regarding financial instruments)

- Share based payments

- Share warrants

- Liability for put options (refer accounting policy below)

2.2. Convenience translation (unaudited)

The consolidated financial statements are presented in Indian Rupee (INR), the presentation currency of the Company. Solely for the convenience of readers, the consolidated financial statements as at and for the year ended March 31, 2023 have been translated to U.S. Dollars (USD) at the exchange rate of INR 82.19 per USD 1.00, being the noon buying rate in New York City for cable transfer in non-U.S. currencies as certified for customs purposes by the Federal Reserve Bank of New York on March 31, 2023.

2.3. Accounting policy for transaction referred in Note 1:

On completion of transaction referred in Note 1, the former shareholders of RPPL become majority shareholders of the Company and have the ability to elect, appoint or remove a majority of the members of the governing body of the Company. There were no material assets or liabilities or operations in the Company prior to this transaction. RMG II is a non-operating entity that does not meet the definition of a business under IFRS 3. Therefore, for accounting purposes, RPPL is deemed to be the accounting acquirer in the transaction. The transaction has been treated as a capital transaction equivalent to the issue of shares of RPPL in exchange for the net monetary assets acquired and therefore, acquisition accounting does not apply.

Consequently, there was no goodwill or other intangible assets recorded, in accordance with IFRS. Any difference in the fair value of the shares deemed to have been issued by the accounting acquirer and the fair value of the accounting acquiree‘s identifiable net assets is considered to be payment for a service of a stock exchange listing and recognised as expenses under head “Listing and related expenses” in statement of profit or loss.

The consolidated financial statements of the Company represent the continuation of the pre-acquisition consolidated financial statements of RPPL. The consolidated financial statements of the Company reflect:

(a)

the assets and liabilities of the accounting acquirer recognised and measured at their pre-combination carrying amounts;

(b)

the retained earnings and other equity balances of the accounting acquirer before this transaction, after adjusting amount attributable to NCI recognised;

(c)

the amount recognised as issued capital and share premium is determined by adding the issued equity of the accounting acquirer outstanding immediately before this transaction, after adjusting amount attributable to NCI recognised to the fair value consideration effectively transferred. The number and type of equity instruments pre-acquisition reflect the equity structure of RPPL. Post this transaction, the number and type of equity instruments issued, reflects the equity structure of the Company. Refer Note 39 for adjustment carried to number of equity instruments for computation of earnings per share.

(d)

the non-controlling interest’s proportionate share of the accounting acquirer’s pre-combination carrying amounts of retained earnings and other equity interests;

(e)

the statement of profit or loss and other comprehensive income for the current period reflects that of the accounting acquirer for the full period together with the post-acquisition results of the accounting acquiree.

The consolidated financial statements for the year ended March 31, 2021 and consolidated financial statements for the period April 1, 2021 to August 23, 2021 include financial data pertaining only to RPPL and its subsidiaries.

The consolidated financial statements are presented in Indian Rupees (INR) and all values are rounded to the nearest million, except when otherwise indicated. Absolute amounts less than INR 500,000 are appearing as "0" due to presentation in millions.

Trade receivables (Tables)

12 Months Ended

Mar. 31, 2023

Trade Receivables [Abstract]

Summary of Trade Receivables


	As at March 31,
	2022			2023			2023
	(INR)			(INR)			(USD)
Trade receivables (refer Note 53)		46,791			32,042			390
Less: impairment allowances for expected credit losses		(966	)		(1,355	)		(16	)
Total		45,825			30,687			373

Non-current		1,006			9,072			110
Current		44,819			21,615			263

Notes:

(i) Trade receivables are non-interest bearing and are generally on terms of 7-60 days.

(ii) Includes unbilled revenue of INR 5,840 (March 31, 2022: INR 5,206).

(iii) Refer Note 38(i) for modification of contractual cash flows.

(iv) Movement in the allowance for expected credit loss represents provision created during the year of INR 389 (March 31, 2022: INR 404). There is no other material movement.

(v) There is no material movement in trade receivables except for billing and collection.

Interest-bearing loans and borrowings - long term - Additional Information (Detail) ₨ in Millions	Mar. 31, 2022 INR (₨)
Disclosure Of Interest Bearing Loans And Borrowings [Line Items]
Amount of long term borrowings for which covenant could not be met	₨ 653

Other income - Summary of Other Income (Detail) ₨ in Millions, $ in Millions	12 Months Ended
	Mar. 31, 2023 INR (₨)	Mar. 31, 2023 USD ($)	Mar. 31, 2022 INR (₨)	Mar. 31, 2021 INR (₨)
Government grants other income
generation based incentive	₨ 1,990	$ 24	₨ 2,029	₨ 1,846
viability gap funding	11	0	32	32
Compensation for loss of revenue	806	10	1,461	431
Gain on disposal of subsidiaries (net) (refer Note 40)			214
Excess provisions written back	707	9	611
Miscellaneous income	478	6	389	455
Fair value gain on investment				₨ 27
Fair value change of mutual fund (including realised gain)	₨ 114	$ 1	₨ 21

Share based payment - Schedule of Movement of Options Outstanding under the share based payment schemes (Parenthetical) (Detail)		12 Months Ended
	Aug. 23, 2021	Mar. 31, 2023
Share Based Payments Arrangements [Abstract]
Replacement of group stock option plans, exchange ratio	0.8289	0.8289

Liability for put options with non-controlling interests (Tables)

12 Months Ended

Mar. 31, 2023

Liability For Put Options With Non-controlling Interests [Abstract]

Schedule of liability for put options with non-controlling interests


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Non-current
Liability for put options with non-controlling interests*		8,636		4,422		54
		8,636		4,422		54

Current
Liability for put options with non-controlling interests*		910		987		12
Total		910		987		12

* Non-controlling shareholders of RPPL have an option to offload their shareholding to the Company in accordance with the terms mentioned in the BCA at fair value of shares for cash on the date of exercise of the Put option. Put option liability with non-controlling interest accounted for at fair value. Subsequent changes to the put option liability are treated as equity transaction and hence accounted for in equity (refer Note 3 and 46).

Disposal group held for sale and disposal of subsidiaries - Additional Information (Detail) ₨ in Millions			12 Months Ended
	Mar. 29, 2022 INR (₨)	Jan. 18, 2022 INR (₨)	Mar. 31, 2022 INR (₨) Project Mws	Mar. 31, 2021 INR (₨)	Oct. 04, 2021	Oct. 31, 2020
Disclosure of Disposal Groups Classified as Held For Sale [Line Items]
Percentage of sale of shareholding interest in subsidiary	100.00%				100.00%	100.00%
Deferred tax assets				₨ 306
Operating solar rooftop projects, capacity \| Mws			117
Gain (loss) on assets of disposal held for sale	₨ (13)		₨ 227
Two Solar Rooftop Projects
Disclosure of Disposal Groups Classified as Held For Sale [Line Items]
Number of solar rooftop projects held for sale \| Project			2
Gain (loss) on assets of disposal held for sale		₨ 227

Other equity - Summary of Capital Reserve (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Disclosure Of Detailed Information About Capital Reserve Of Equity [Line Items]
Acquisition of non-controlling interest	₨ (1,343)	₨ (9,865)	₨ (1,544)
Recognition of non-controlling interests pursuant to the Transaction		(188)
Allocation of other equity to non controlling interest	₨ 1	₨ (23)

Other expenses (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure Of Detailed Information About Other Expenses [Abstract]

Disclosure Of Detailed Information About Other Expense


	For the year ended March 31,
	2021		2022		2023		2023
	(INR)		(INR)		(INR)		(USD)
Legal and professional fees		853		1,740		2,066		25
Corporate social responsibility		82		106		147		2
Travelling and conveyance		148		233		595		7
Lease rent relating to short term leases		22		10		46		1
Director's commission		15		35		67		1
Printing and stationery		3		3		7		0
Rates and taxes		235		385		465		6
Insurance		527		1,027		1,226		15
Operation and maintenance		3,935		4,929		5,528		67
Repair and maintenance		104		110		177		2
Loss on sale / damage of property plant and equipment		205		1		7		0
Bidding expenses		12		40		35		0
Advertising and sales promotion		30		48		118		1
Impairment of capital work in progress (refer Note 5)		39		129		190		2
Security charges		241		274		441		5
Communication costs		36		68		167		2
Impairment of carbon credit		—		—		630		8
Impairment loss on assets of disposal group held for sale (refer Note 40)		408		—		—		—
Impairment of inventory		—		75		32		0
Impairment allowances for financial assets		416		411		522		6
Liquidated damages		—		—		800		10
Miscellaneous expenses		271		301		370		4
Total		7,582		9,925		13,636		166

Other equity - Summary of Share Based Payment Reserve (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disclosure Of Detailed Information About Reserve Of Share Based Payments Of Equity [line Items]
Recognition of non-controlling interests pursuant to the Transaction	₨ (188)
Repurchase of vested stock options	₨ (89)	₨ (646)
Forfeiture of vested options		₨ (3)

Other Assets (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure Of Other Assets [Abstract]

Summary of other assets


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Non-current
Capital advance		9,971		10,990		134
Advances recoverable		72		446		5
Security deposits		7		—		—
Balances with government authorities		31		27		0
Total		10,081		11,463		139

Current
Advances recoverable (refer Note 53)		1,517		1,471		18
Balances with government authorities		1,484		859		10
Others		0		34		0
Total		3,001		2,364		29

Other equity - Summary of Retained Earnings / (Losses) (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2021
Disclosure Of Detailed Information About Retained Earnings Of Equity [line Items]
Re-measurement loss on defined benefit plans (net of tax)	₨ 2	₨ 6	₨ (7)
Forfeiture of vested options			(3)
Repurchase of vested stock options		(89)	(646)
Debenture redemption reserve created during the year		₨ 5	₨ 117

Trade receivables - Additional Information (Detail) - INR (₨) ₨ in Millions	12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Trade receivables [Line Items]
Trade receivables, collection period	60 days
Unbilled Revenue	₨ 5,840	₨ 5,206

Share warrants

12 Months Ended

Mar. 31, 2023

Disclosure of Share warrants [Abstract]

Share warrants

44.

Share warrants

Prior to consummation of the Transaction (Refer Note 56(a)), RMG II had issued warrants having rights to purchase its Class A equity shares. As part of the transaction, the Company has issued warrants to these warrants’ holders (refer below for terms of these warrants), which will entitle these warrants holders to purchase Company’s Class A equity shares. These warrants are classified to be derivative instruments and as such, are recorded at fair value through profit or loss account.

The Company will continue to adjust the fair value of the warrant liability at the end of each reporting period for changes in fair value from the prior period until the earlier of the exercise or expiration of the applicable warrants or until such time that the warrants are no longer determined to be derivative instruments.

The details of warrants issued are as follows:

Public warrants:

The Company has 12,955,333 outstanding public warrants as at March 31, 2023 (March 31, 2022: 11,755,319; August 23, 2021: 11,755,339 public warrants), having an exercise price of USD 11.50 per share, subject to adjustments, and are exercisable during the period beginning December 14, 2021 and ending on August 23, 2026 or earlier upon redemption or liquidation. The Company may redeem the outstanding public warrants after they become exercisable per the terms of the warrants agreement. The fair value of the public warrants was determined using the market trading price which as at March 31, 2023 was USD 0.86 (March 31, 2022: USD 1.77, August 23, 2021: USD 1.27).

Private warrants:

The Company has 5,571,420 outstanding private warrants as at March 31, 2023 (March 31, 2022: 6,771,434; August 23, 2021: 6,771,434 private warrants), having an exercise price of USD 11.50 per share, subject to adjustments, and are exercisable during the period beginning December 14, 2021 and ending on August 23, 2026 or earlier upon redemption or liquidation. The Company may redeem the outstanding public warrants after they become exercisable per the terms of the warrants agreement. The Company has determined fair value of private warrants as at March 31, 2023 as USD 0.86 (March 31, 2022: 1.77; August 23, 2021 USD 1.27).

The Group has recognised the following warrant obligations (refer Note 29):


Particulars	Public warrants			Private warrants			Total
Beginning balance at August 23, 2021		1,084			663			1,747
Foreign currency translation		31			18			49
Change in fair value		428			262			690
Balance at March 31, 2022		1,543			943			2,486
Foreign currency translation		149			30			179
Converted to Public warrants		171			(171	)		—
Change in fair value		(948	)		(408	)		(1,356	)
Balance at March 31, 2023		915			394			1,309

Deferred government grant (Tables)

12 Months Ended

Mar. 31, 2023

Deferred government grant [Abstract]

Summary of detailed information about government grants


	As at March 31,
	2022			2023			2023
	(INR)			(INR)			(USD)
Opening balance		758			225			3
Disposal of subsidiary (refer Note 40)		(501	)		—			—
Released to the statement of profit or loss		(32	)		(11	)		(0	)
Total		225			214			3

Current		11			11			0
Non-current		214			203			2
		225			214			3

Summary of Significant Accounting Policies - Additional Information (Detail) ₨ in Millions	Mar. 31, 2023 INR (₨)
Summary of Significant Accounting Policies [Line Items]
Leases of low value assets	₨ 0.5

Share based payment - Schedule of Movement of Options Outstanding under the share based payment schemes (Detail) - shares shares in Millions	12 Months Ended
	Mar. 31, 2021	Mar. 31, 2022	Aug. 23, 2021
Share Based Payment Arrangements [Line Items]
Repurchase during the year	(3)
Replacement of Group Stock Option Plans		12	(14)

Interest-bearing loans and borrowings - long term (Tables)

12 Months Ended

Mar. 31, 2023

Disclosure of Interest Bearing Loans and Borrowings [Abstract]

Summary of Interest - Bearing Loans And Borrowings


				Non-current						Current
				As at March 31,						As at March 31,
	Notes	Interest rate (p.a.)	Maturity	2022		2023		2023		2022			2023			2023
				(INR)		(INR)		(USD)		(INR)			(INR)			(USD)
Debentures
- Non convertible debentures (secured)	(i)	6.03% - 11.50%	April 2024 to February 2053		76,184		70,888		862		8,078			741			9
- Compulsorily convertible debentures (unsecured)	(ii)	8.00% - 13.00%	June 2026 to June 2061		1,213		16,999		207		—			—			—
Term loan from bank (secured)	(iii)	7.61% - 11.49%	January 2024 to June 2042		59,847		102,703		1,250		3,972			9,650			117
Term loan from financial institutions (secured)	(iv)	7.50% - 11.15%	April 2024 to January 2044		102,088		174,350		2,121		7,681			10,200			124
Senior secured notes	(v)	4.89% - 6.18%	March 2027 to July 2028		134,397		102,353		1,245		36,315			—			—
					373,729		467,293		5,686		56,046			20,591			251
Interest accrued					—		—		—		3,858			3,212			39
Interest-bearing loans and borrowings - total #					373,729		467,293		5,686		59,904			23,803			290
Amount disclosed under the head 'other current financial liabilities' (refer Note 22)					—		—		—		(59,904	)		(23,803	)		(290	)
Interest-bearing loans and borrowings - net					373,729		467,293		5,686		—			—			—

Summary of Compulsorily Convertible Debentures (Unsecured) Terms of Conversion of CCDs

(ii)

Compulsorily convertible debentures (unsecured)

Terms of conversion of CCDs


Entity / Issuer	Tenure (years)	Total proceeds (INR)		Maturity date	Number of debentures		Interest coupon rate	Moratorium period	Conversion Terms
Abha Solarfarms Limited	10		35	June 6, 2026, January 26, 2027 and May 24, 2027		346,874	10.70%	24 months from the date of issue	CCDs shall compulsorily convert into such number of equity shares that equals the fair value of the equity shares on the date of conversion so issued. Face value of each CCD is INR 100.
Aalok Solarfarms Limited	10		35	June 6, 2026, January 26, 2027 and May 24, 2027		346,874	10.70%	24 months from the date of issue
Shreyas Solarfarms Limited	10		69	June 8, 2026, January 26, 2027 and June 8, 2027		693,700	10.70%	24 months from the date of issue
Heramba Renewables Limited	10		69	January 26, 2027 and May 24, 2027		693,750	10.70%	24 months from the date of issue
ReNew Solar Energy (Jharkhand three) Private Limited	6		965	March 31, 2027		8,775,454	8.00%	Not applicable	One equity share will be issued for each CCD on the maturity date (1:1)
IB Vogt Solar Seven Private Limited	40		23	August 18, 2060 and June 17, 2061		2,299,544	10.00%	24 months from the date of issue	One equity share will be issued for each CCD on the maturity date (1:1)
Renew Surya Roshani Private Limited	26		15,308	August 5, 2048		866,076,759	13.00%	Not applicable	One equity share will be issued for each CCD on the maturity date (1:1)
Total			16,504			879,232,955

Summary of Non-convertible Debentures (Secured)

(b)

The details of non convertible debentures (secured) are as below:


				Numbers of NCDs outstanding				Outstanding amount							Earliest
	Debenture	Face value per		As at March 31,				As at March 31,						Nominal	redemption	Last date of	Terms of
Listing status	Series	NCD (INR)		2022		2023		2022		2023		2023		interest rate (p.a.)	date	repayment	repayment
								(INR)		(INR)		(USD)
Listed	Not applicable		1,000,000		3,025		2,655		3,025		2,655		32	9.75%	30-Sep-23	31-Oct-26	Half yearly
Listed	Series-1		1,000,000		422		—		422		—		—	8.55%	30-Sep-22	30-Sep-22	Half yearly
Listed	Series-2		1,000,000		2,031		1,728		2,031		1,728		21	9.05%	30-Sep-23	30-Sep-34	Half yearly
Listed	Series-3		1,000,000		3,675		4,012		3,675		4,013		49	9.15%	30-Sep-23	30-Sep-34	Half yearly
Non listed	Not applicable		1,000,000		2,000		—		2,000		—		—	4.25%	26-Oct-22	26-Oct-22	Bullet
Non listed	Not applicable		1,000,000		1,500		—		1,500		—		—	12.69%	27-Sep-22	27-Sep-22	Bullet
Non listed	Not applicable		1,000,000		3,738		—		3,738		—		—	8.55%	31-Aug-22	31-Aug-22	Bullet
Non listed	Not applicable		1,000,000		5,159		5,159		5,159		5,159		63	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,747		1,747		1,747		1,747		21	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,674		1,674		1,674		1,674		20	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		440		440		440		440		5	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		5,948		5,948		5,948		5,948		72	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		2,972		2,972		2,972		2,972		36	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,197		1,197		1,197		1,197		15	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,189		1,189		1,189		1,189		14	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,188		1,188		1,188		1,188		14	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,199		—		1,199		1,199		15	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,196		—		1,196		1,196		15	8.46%	28-Apr-24	28-Apr-24	Bullet
Non listed	Not applicable		1,000,000		1,548		1,548		1,548		1,548		19	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		6,765		6,765		6,765		6,765		82	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		3,835		3,835		3,835		3,835		47	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		11,721		11,721		11,721		11,721		143	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		1,736		1,736		1,736		1,736		21	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		3,663		3,663		3,663		3,663		45	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		4,432		4,432		4,432		4,432		54	6.03%	22-Aug-26	22-Aug-26	Bullet
Non listed	Not applicable		1,000,000		10,020		—		10,020		—		—	7.75%	31-Mar-23	31-Mar-23	Bullet
Non listed	Not applicable		10		—		36,732,513		—		367		4	11.50%	5-Dec-52	5-Dec-52	Bullet
Non listed	Not applicable		10		—		26,661,237		—		267		3	11.50%	16-Feb-53	16-Feb-53	Bullet
Non listed	Not applicable		100,000		—		20,000		—		2,000		24	9.30%	1-Jun-26	1-Jun-26	Bullet
Total (gross)									84,020		68,639		835
Transaction costs, discount on issue and premium on redemption									242		2,990		36
Total									84,262		71,629		871

Other income (Tables)

12 Months Ended

Mar. 31, 2023

Other Income Expense [Abstract]

Summary of other income


	For the year ended March 31,
	2021		2022		2023		2023
	(INR)		(INR)		(INR)		(USD)
Government grant
- generation based incentive		1,846		2,029		1,990		24
- viability gap funding		32		32		11		0
Compensation for loss of revenue		431		1,461		806		10
Gain on sale of property, plant and equipment		0		10		5		0
Insurance claim		63		265		470		6
Gain on derivative instruments designated as cash flow hedge (net)		16		29		—		—
Gain on disposal of subsidiaries (net) (refer Note 40)		—		214		—		—
Excess provisions written back		—		611		707		9
Commission on financial guarantee contracts (refer Note 46)		—		78		—		—
Miscellaneous income		455		389		478		6
Fair value gain on investment		27		—		—		—
Fair value change of mutual fund (including realised gain)		—		21		114		1
Total		2,870		5,139		4,581		56

Liability for put options with non-controlling interests

12 Months Ended

Mar. 31, 2023

Liability For Put Options With Non-controlling Interests [Abstract]

Liability for put options with non-controlling interests

21.

Liability for put options with non-controlling interests


	As at March 31,
	2022		2023		2023
	(INR)		(INR)		(USD)
Non-current
Liability for put options with non-controlling interests*		8,636		4,422		54
		8,636		4,422		54

Current
Liability for put options with non-controlling interests*		910		987		12
Total		910		987		12

Label

Element

Value

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

₨ 242,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

1,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(4,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

39,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

286,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

121,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

3,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

129,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

253,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

31,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

21,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

3,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

1,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

5,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

190,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

251,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

35,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(1,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(4,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(40,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

39,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(2,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(0)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

41,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

1,000,000

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(3,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(0)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

(5,000,000)

Disposals Property Plant And Equipments

rnw_DisposalsPropertyPlantAndEquipments

9,000,000

Current Provision for Compensated Absences

rnw_CurrentProvisionForCompensatedAbsences

159,000,000

Current Provision for Compensated Absences

rnw_CurrentProvisionForCompensatedAbsences

₨ 247,000,000

Current Provision for Compensated Absences

rnw_CurrentProvisionForCompensatedAbsences

₨ 3,000,000

Name of Immediate Holding Company