An overview of the work done by Ratul Puri in the field of renewable energy

Uttar Pradesh is steadily expanding its solar energy ecosystem as the state works to make better use of its significant renewable energy potential. Invest UP estimates that the state has nearly 23 GW of solar potential, while installed solar capacity has reached 2,632 MW. Along with utility-scale projects, Uttar Pradesh is also promoting rooftop solar systems and distributed generation to create a more diversified clean energy network. The growth of solar power is becoming visible across different segments of the market. During the second quarter of 2026, Uttar Pradesh ranked among India’s top three states for rooftop solar additions, accounting for 18% of total quarterly installations. According to Mercom India, the state also recorded a 23% year-on-year rise in rooftop solar capacity between Q2 2025 and Q2 2026, showing the increasing adoption of solar energy. Against this backdrop, Hindustan Power’s solar project in Lalitpur has reached a significant milestone. The project was awa...

Q 1. Hindustan Power has been a pioneer in India’s renewable energy sector. Can you take us through the company’s journey and some of the key milestones that have shaped its growth? India’s energy landscape has witnessed a remarkable transformation over the past two decades and Hindustan Power has been an integral part of that journey since its early stages. We entered the renewable energy sector when solar power was still an emerging technology and long before it became a central pillar of India’s energy transition. Some of our early defining achievements include developing India’s first 5 MW solar power project (2010) and Asia’s first 30 MW solar PV project (2011). These projects were important not only because they broke new ground technologically, but because they demonstrated that large-scale renewable energy could be commercially viable and contribute meaningfully to the country’s energy mix. As the sector evolved, so did our vision. We expanded our presence across renewable en...

For more than a decade, Ratul Puri, Chairman of Hindustan Power , has brought conversations around India's energy sector to one of the world's most influential platforms, the World Economic Forum. As a Young Global Leader and an active WEF partner, Ratul Puri has used this platform not only to discuss his company's perspective but also to highlight the wider ambitions and challenges faced by Indian industry as it responds to an energy transition that continues to evolve globally. Global forums such as Davos can sometimes seem far removed from the practical realities of developing infrastructure in emerging markets. However, he has consistently used his participation to connect these two perspectives, bringing the practical challenges of expanding clean energy in India into discussions with global policymakers, investors, and industry peers. This ability to connect detailed industry realities with broader policy discussions has made Ratul Puri a recurring participant in WEF ...

Talk to enough people in India's energy sector and you'll notice something odd: nobody really argues about whether the country can hit its clean energy targets on paper. The panels get built, the projects get announced, the auctions get won. The real trouble starts later, in the boring middle stretch between "project awarded" and "power flowing" — and that's the stretch Ratul Puri keeps coming back to when he talks about what's actually holding India back. His argument is fairly simple, even if the finance world tends to dress it up in jargon: solar parks and transmission lines and battery storage don't pay back on the timelines most capital is looking for. These are projects that take years to build and years more to earn out. And a lot of the money currently chasing India's energy boom behaves more like it's looking for a quick flip than a decade-long bet. Ratul Puri calls this a mismatch, and once you hear it framed that way, it'...

Renewable Energy, Transmission & Storage for a Stronger Power System India’s energy transition is entering a new phase. The country is rapidly expanding renewable energy capacity while electricity demand continues to rise across industries, manufacturing, transportation, digital infrastructure and households. As solar and wind become a larger part of the power mix, the focus is increasingly shifting towards how this electricity can be connected, transmitted and delivered reliably. For Ratul Puri , Chairman of Hindustan Power , renewable energy expansion is closely linked with India’s long-term energy security. Increasing clean power generation is important, but it must be supported by the infrastructure and systems required to deliver electricity efficiently to consumers. Renewable Energy Growth Is Creating New Opportunities India has made significant progress in expanding solar and wind power. Falling technology costs, competitive procurement and increasing investment have helped...

India's clean energy transition is entering a new phase where expanding renewable capacity alone will no longer be enough. According to Ratul Puri, Chairman of Hindustan Power, the country's long-term energy ambitions now depend on developing the supporting infrastructure that enables renewable electricity to be delivered reliably and efficiently. Speaking in an interview with Business World, Ratul Puri said India's electricity demand is steadily rising across residential, commercial, industrial, transportation, and digital infrastructure. Meeting this growing demand will require battery storage, stronger transmission networks and distributed renewable generation to evolve alongside renewable capacity, creating a more resilient and reliable power ecosystem. Battery Storage Will Unlock India's Renewable Energy Potential For Chairman Ratul Puri , battery storage is the missing link in India's renewable energy transition. While the country has made significant progres...