Ratul Puri : Driving India’s Clean Energy Transition with a Multi Gigawatt Portfolio Vision

Ratul puri

New Delhi [India], March 26: India’s energy sector is undergoing a structural transformation, driven by the dual need for sustainability and long-term energy security. Within this evolving landscape, leadership in clean energy is increasingly defined not only by ambition but also by the ability to execute at scale. Under the leadership of Ratul Puri, Hindustan Power has shared a roadmap to build a 5 GW energy portfolio by 2028; an initiative defined by strong strategy and disciplined execution.

The 5 GW vision is built on a balanced approach to energy development, integrating both renewable and transitional energy assets and requiring strong capabilities in project development, financing and on-ground execution. It aligns closely with India’s national target of achieving 500 GW of non-fossil fuel capacity by 2030, while also incorporating emerging sustainable technologies to support the transition to a low-carbon future.

With a strong national presence, the company is well positioned to develop and commission projects in response to the evolving demand.

Ratul Puri’s approach reflects a clear understanding that clean energy is not purely an environmental imperative, but also a strong economic opportunity. Achieving multi-gigawatt capacity requires not just capital investment, but also strong execution, disciplined operations and effective use of technology.

Hindustan Power’s approach reflects a diversified strategy toward building this capability. The planned portfolio is focused on solar and energy storage systems to support both scalability and reliability. This integrated model is designed to address one of the most critical challenges in renewable energy, intermittency, by combining generation with storage and system-level solutions.

Execution at this scale is backed by strong domestic presence and a proven project experience. The company commissioned India’s first 5 MW solar plant in 2010, followed by Asia’s first 30 MW solar PV plant in 2011. By 2013-14, it had grown into one of India’s prominent solar power developers, with over 500 MW of capacity and projects across states including Odisha, Gujarat, Madhya Pradesh, Assam, West Bengal, Punjab and Tamil Nadu. 

In parallel, recent project developments indicate steady progress toward the 5 GW target. The company has recently secured nearly 1 GW of solar capacity along with over 750 MWh of energy storage projects, reinforcing its focus on integrated clean energy solutions. These projects include both standalone renewable installations and hybrid solutions combining solar generation with battery energy storage systems (BESS), reflecting a shift toward more resilient and dispatchable power systems.

A key pillar of this strategy is the focus on innovation and effective system integration. Rather than adding new capacity, the approach focuses on maintaining strong performance and reliability over a long period of time. Industry perspectives also suggest that leadership in energy infrastructure is now shaped by durability, system efficiency and the ability to adapt to evolving grid requirements.

Moreover, the execution of large-scale renewable projects in India continues to require coordinated efforts across land acquisition, grid connectivity and policy frameworks. Addressing these challenges is essential to accelerating deployment timelines and ensuring that clean energy capacity translates into reliable power delivery.

Commenting on this ambitious target, Mr. Ratul Puri, Chairman of Hindustan Power, said: “The global energy sector is undergoing a transformational shift and India stands at the forefront of this change. Hindustan Power is dedicated to advancing sustainable energy solutions while ensuring energy security and economic growth. Our vision of achieving a 5 GW portfolio is proof of our commitment to building a cleaner and more resilient energy future.“

India’s commitment to reducing its reliance on fossil fuels and achieving net-zero emissions by 2030 has created a fertile environment for public-private partnerships in the energy sector. Hindustan Power’s strategic expansion plan showcases the critical role of the private sector in supporting national climate goals and fostering sustainable economic growth. 

In this context, the roadmap associated with Ratul Puri reflects a broader shift in the energy sector, from gradual expansion to more systematically planned large-scale transformation. The focus now goes beyond simply generating clean energy to building integrated systems that can deliver reliability, efficiency and sustainability at scale.

About Ratul Puri

Ratul Puri is the Chairman of Hindustan Power, an integrated power generation company with a strong presence in renewable and transitional energy. Over the years, Ratul Puri has been actively involved in developing large-scale energy infrastructure projects that support India’s growing power requirements and its transition toward cleaner energy sources.

About Hindustan Power:

Hindustan Power is a leading integrated power generation company in India with a focus on renewable and transitional energy generation. With a commitment to sustainability and innovation, the company has been an active contributor to India’s energy transformation.

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