Ratul Puri: Hindustan Power to Invest ₹620 Crore in Assam’s Solar and Battery Storage
Ratul Puri Head of Hindustan Power in ₹620 Crore Assam Solar and Battery Storage Investment. In Assam, Hindustan Power invested ₹620 crore in battery storage and solar projects. Ratul Puri, the head of the company, is increasing its renewable energy footprint in the northeastern part of India. The project is aimed at reinforcing the power supply with a combination of solar and battery storage installations. Of the investments, approximately ₹400 crore was invested in developing solar power projects. The balance ₹220 crore is being utilized to install battery energy storage systems. The two components are used in collaboration to enhance the reliability of electricity. Solar plants produce electricity when the daylight takes place. Nevertheless, the power demand remains all day and night. Battery storage systems assist in storing excess electricity produced in the daytime and making it available when daytime ends. This enhances stability of the grids and stability of power ...