DEV Community: Ratul Puri

Ratul Puri Led Hindustan Power Achieves Financial Closure of Rs. 1,135 Cr For its 435 MWp Solar Project

Ratul Puri — Fri, 21 Aug 2026 09:27:09 +0000

The Hindustan Power project involves a long-term Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) which it won through a tender in 2025.

Hindustan Power, has achieved financial closure with the Indian Renewable Energy Development Agency (IREDA) for a debt of ₹1,135 crore. In a press release, Hindustan Power, an integrated power producers said the project involves a long-term Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) which it won through a tender in 2025.

The Ratul Puri led firm secured the financing for this project after around a year from commencing work on the 435 megawatt peak (MWp) solar power project in Lalitpur, Uttar Pradesh. It won this tender from Uttar Pradesh Power Corporation Ltd (UPPCL) in April 2025. The power from this project is exceted to be supplied from Lalitpur solar project for the next 25 years.

The project is among the largest solar projects being developed in Uttar Pradesh and will contribute towards meeting the state’s growing energy requirements through clean power generation. With work now underway, the project is progressing as per the planned development schedule and is set to strengthen Uttar Pradesh’s growing renewable energy capacity.

Leadership View

Commenting on the development, Ratul Puri, Chairman, Hindustan Power, said, “The 435 MWp solar projects in Uttar Pradesh marks an important milestone in our renewable energy expansion. Uttar Pradesh is experiencing growing energy demand alongside an increasing focus on renewable energy, and projects of this scale will play an important role in strengthening the state’s clean energy capacity. We are pleased to contribute to this journey through a project of this scale and remain focused on its timely execution.”

Ratul Puri further added, “The project reflects our long-term commitment to developing large-scale renewable energy infrastructure that can support India’s evolving energy needs. As the country accelerates its energy transition, our focus remains on building reliable, efficient and sustainable generation capacity while contributing to long-term energy security.”

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 generation. Over the years, Ratul Puri has been involved in the development of 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 an integrated power generation company with a presence across renewable and transitional energy assets. The company continues to invest in energy infrastructure that supports reliability, sustainability and long-term value creation within India’s evolving power sector.

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Ratul Puri on Renewable Energy and India’s Energy Transition

Ratul Puri — Wed, 19 Aug 2026 08:08:28 +0000

India is entering a new phase of its energy transition, shaped by two powerful and interconnected trends: rapidly rising electricity requirements and the growing role of renewable energy.

As manufacturing expands, digital infrastructure grows and electrification spreads across sectors such as transport, electricity is becoming increasingly central to India's economic development. At the same time, the country is adding solar and wind capacity at an unprecedented pace, creating both opportunities and new challenges for the power system.

Ratul Puri, Chairman of Hindustan Power, has argued that India is moving towards an “era of electricity” in which renewable generation will need to be supported by transmission infrastructure, energy storage and smarter grid systems. The underlying idea is straightforward: adding generation capacity is only part of the transition. India must also ensure that electricity can be moved, stored and delivered when and where it is needed.

India’s Changing Power Landscape

India's electricity demand is being driven by a combination of economic growth, industrialisation, urbanisation and increasing electrification. Manufacturing needs dependable power, while data centres and other digital infrastructure are creating new sources of electricity demand. The expanding use of electric vehicles will add another dimension to this changing demand profile.

The International Energy Agency expects India's electricity demand to grow by an average of around 6.4% annually through 2030, with industry, cooling, households, services, agriculture and transport all contributing to the increase.

Renewable energy is becoming an increasingly important part of meeting this demand. According to Ember's Global Electricity Review 2026, solar became India's largest source of clean electricity in 2025, accounting for 9.4% of total electricity generation. Wind and solar together accounted for 14% of India's electricity mix.

These numbers demonstrate the scale of India's renewable energy expansion. But they also highlight a more complex question: how can increasing volumes of variable renewable electricity be integrated into a power system where demand does not always coincide with renewable generation?

Generation Is Only One Part of the Transition

Solar power is strongest during the day, while electricity demand can remain high or rise after sunset. This is becoming particularly important as cooling demand increases. The IEA notes that India's summer peak net load typically occurs around 8 p.m., when solar generation is no longer available.

Wind generation, meanwhile, varies according to weather conditions and location. This means that a power system with a growing share of renewable energy needs greater flexibility to balance fluctuations in both generation and demand.

Transmission infrastructure therefore becomes just as important as generation capacity.

Much of India's renewable generation is being developed in regions with strong solar and wind resources, while major industrial, commercial and urban demand centres may be located elsewhere. Electricity must consequently travel across increasingly long distances, making the expansion and modernisation of transmission networks essential to the country's energy transition.

The Grid Is Becoming a Strategic Priority

The consequences of inadequate transmission capacity are already becoming visible.

An Ember analysis found that India curtailed around 300 GWh of renewable electricity because of transmission constraints during January to March 2026, particularly in the Northern and Western regions. Total renewable energy curtailment during the quarter was estimated at around 470 GWh, with the remainder attributed to system inflexibility.

The episode illustrates a fundamental challenge facing India's energy transition: renewable generation can expand faster than the infrastructure required to evacuate and integrate that electricity.

Ember also found that India had achieved only about 80% of its annual transmission targets over the preceding five years, highlighting the growing need to coordinate generation and transmission planning more closely.

For policymakers and power sector companies, this makes transmission more than an infrastructure requirement. It is becoming a strategic component of India's clean energy transition.

Storage and Smarter Grids

Transmission alone, however, cannot address every challenge.

As the share of solar and wind increases, India will also require greater access to flexible resources that can respond to changes in generation and demand. Battery energy storage systems can help shift renewable electricity from periods of high generation to periods of higher demand, while also providing grid balancing services.

The IEA has highlighted the growing importance of battery storage in meeting India's evening and night-time electricity requirements. Batteries can help reduce peak demand and ease the need for rapid ramping of conventional generation as solar output declines.

This points towards a more integrated model of power system planning, in which renewable generation, transmission, storage and grid management are developed together rather than treated as separate components.

From Renewable Capacity to Reliable Electricity

This is where the broader argument associated with Ratul Puri becomes particularly relevant.
India's energy transition cannot be measured simply by the number of gigawatts of renewable capacity installed. The more meaningful measure is how effectively that capacity can contribute to reliable electricity supply.

The next phase of the transition will therefore require a combination of continued renewable energy deployment, stronger transmission networks, energy storage and increasingly sophisticated grid management systems.

India has already demonstrated that it can rapidly scale renewable generation. The challenge now is to build the wider electricity system around that growth.

As electricity becomes increasingly central to India's economic development, the country's energy future will depend not only on generating more clean power, but on creating the infrastructure needed to move, store and deliver it reliably.

That is likely to be one of the defining challenges and opportunities of India's transition towards a more electrified and increasingly renewable energy system.

About Ratul Puri

About Hindustan Power

Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability

Ratul Puri — Mon, 17 Aug 2026 06:15:38 +0000

Ratul Puri, Chairman, Hindustan Power

India’s renewable energy story is entering a new phase. Competitive tariff auctions, declining costs and strong investments have helped renewable energy become mainstream. As renewable capacity continues to grow, greater attention is now being given to how this power can be stored, transmitted and delivered when it is needed.
According to Ratul Puri, Chairman of Hindustan Power, India’s energy landscape is undergoing a structural shift from prioritising the lowest cost renewable generation to building a power system that delivers dependable, dispatchable and affordable clean energy. As renewable energy penetration increases, the power sector can no longer remain focused only on adding generation capacity. The emphasis is increasingly on how effectively that capacity can serve the wider power system and meet rising electricity demand. This is particularly relevant as India progresses towards its 2030 non-fossil fuel capacity goals. Renewable energy procurement is therefore gradually moving beyond a lowest tariff approach to one that considers the value of dependable power, balancing capability and long-term system economics.
This also changes how the cost of renewable power needs to be assessed. Evaluating projects solely on tariff competitiveness is no longer sufficient as renewable integration grows. Transmission constraints, intermittency, balancing requirements, storage needs and curtailment risks all have a bearing on the actual cost of delivering power. This makes a lowest systemic cost approach increasingly relevant.

Chairman Ratul Puri says that Storage-backed renewable and hybrid projects may carry a higher upfront cost but can reduce pressure on the wider power system, improve the utilisation of renewable energy and strengthen the availability of power when it is needed. Procurement strategies are consequently beginning to place greater value on capacity, operational responsiveness and dependable power delivery alongside competitive pricing. Hybrid projects that combine solar, wind and battery storage are particularly important in this context as they can help meet peak demand while providing reliable and dispatchable clean power. Flexibility services also need greater recognition. These services were traditionally managed through conventional generation and system operations without being explicitly valued. In a power system with increasing renewable penetration, ramping reserves, frequency response and fast response balancing services are becoming essential to manage variability and maintain system performance. Energy storage will be central to this transition. Battery Energy Storage Systems (BESS) and pumped hydro storage can provide the capacity needed to integrate more renewable power by reducing variability, minimising curtailment and improving clean energy utilisation. However, expanding storage deployment will require supportive policy frameworks, faster regulatory approvals, streamlined land and water clearances and continued expansion of storage-linked renewable projects.
Grid readiness remains another serious issue. Several Indian states have significant solar and wind potential, but inadequate transmission infrastructure can delay project connectivity and power evacuation. States therefore need to play a more proactive role in planning and commissioning intrastate transmission networks that are aligned with renewable project timelines and national transmission planning.
Transmission upgrades alone will not be enough. Distribution infrastructure will also need to be strengthened through modern transmission lines, substations and transformers. This will improve renewable energy evacuation, reduce congestion and losses and support the integration of distributed solar power.
Ratul Puri added that a more responsive power system will also require stronger ancillary service markets. Expanding mechanisms for ramping reserves, frequency response and fast response balancing services will help manage renewable variability and enable higher levels of renewable energy penetration.
India’s experience is part of a broader global shift. Countries are increasingly recognising that expanding renewable capacity must go hand in hand with investments in storage, balancing markets and demand side flexibility. Experiences from regions such as the European Union show that higher renewable penetration requires these investments to maintain dependable power supply.
For India, the long term objective is to strike the right balance between renewable energy expansion, system responsiveness and dependable power delivery. The next phase of India’s energy transition will depend on how well we can store clean power and deliver it where and when it is needed. A combination of clean energy generation, energy storage, modern grid infrastructure and efficient market mechanisms will be central to that transition.

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 generation. Over the years, Ratul Puri has been involved in the development of 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 an integrated power generation company with a presence across renewable and transitional energy assets. The company continues to invest in energy infrastructure that supports reliability, sustainability and long-term value creation within India’s evolving power sector.

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Ratul Puri: Bridge to energy security and low-carbon future

Ratul Puri — Fri, 07 Aug 2026 09:38:20 +0000

This article is authored by Ratul Puri, chairman, Hindustan Power.
When deliberating the creation of an energy-secure India, the narrative often revolves around two contrasting factors. The first is the country’s traditional dependence on coal, while the second concerns its ambitious drive for clean, renewable energy. But for a burgeoning nation of more than 1.4 billion people, we need a nuanced approach that maintains a fine balance between economic growth and India’s global climate commitments.

While solar and wind energy continue to establish new growth benchmarks, another segment of the industrial conundrum lies unaddressed. Agriculture, heavy manufacturing and chemical refineries cannot operate efficiently on solar power alone, as these sectors require high temperatures. Moreover, most clean energy components are imported, leaving the nation vulnerable to trade wars, geopolitical flashpoints and global market disruptions.
It is against this backdrop that one needs to view India’s historical asset: coal. The Union minister for coal and mines recently noted that coal gasification will be crucial in supporting energy security, curbing imports and boosting industrial growth. The country’s coal reserves are estimated at almost 400 billion tonnes, among the world’s largest. Coal still plays a major role in India’s energy generation, accounting for 55% of its energy mix and almost 74% of electricity generation. Further, coal’s annual demand of around one billion tonnes is anticipated to soar significantly by 2047. Despite the reliance on coal, India is making steady progress towards meeting its net-zero commitment by 2070.
Besides, the government is promoting coal gasification to convert coal into syngas. With an overall investment exceeding ₹85,000 crore, India plans to target a coal gasification capacity of 100 million tonnes by 2030. The gasification process converts coal into syngas, which is used to produce cleaner fuels, fertilisers, chemicals and hydrogen. Being an efficient approach, it enables the sustainable use of domestic resources.
Given that around 83% of crude oil, 50% of natural gas and more than 90% of fertilisers and methanol are imported, the Central Government has prioritised energy security as a strategic imperative. According to Ratul Puri, It is in this context that coal gasification offers a realistic energy transition strategy spanning the gap between intense industrial growth and a low-carbon future. Coal gasification is part of India’s general strategy to maximise the use of its rich coal reserves and enhance energy security. The coal gasification mission could potentially save the country ₹60,000 to ₹90,000 crore annually via import substitution, while creating a low-carbon chemicals and fertiliser economy.
Some elaboration is needed on the coal gasification process, which transforms solid coal into synthetic gas or syngas – a blend of carbon dioxide, carbon monoxide, hydrogen and methane. This is obtained by reacting coal at extremely high temperatures with a limited amount of steam and oxygen, rather than by complete combustion.
Syngas can also function as the basic building block for value-added industrial segments. In agriculture, it can be processed into ammonia and then used to produce affordable domestic urea fertilisers. In transport, it is converted to methanol, which can be used for fuel blending and to reduce oil imports. Gasification contributes to the local production of key chemicals used in the manufacture of paints, plastics and pharmaceuticals, among others.
Gasification creates an opportunity for India to leverage its abundant coal reserves and reduce its forex outflows for imports of natural gas, fertilisers and chemicals. The ability to manufacture essential commodities locally also helps stabilise input costs and protect local supply chains from global markets. Although gasification is a fossil-fuel-based process, it acts as an ecological bridge, unlike legacy coal combustion. Since gasification occurs within a highly controlled, sealed chemical reactor, it captures sulphur, particulate matter and other byproducts more easily and efficiently than scraping them from the chimneys of traditional power plants.
Gasification streams concentrated CO₂ and the technology is best suited for Carbon Capture, Utilisation and Storage (CCUS) systems. This captured carbon can be safely stored deep underground or reused to make commercial products such as solid carbonates and synthetic fuels. Through carbon management and the integration of biomass into gasification reactors, the net carbon footprint of the country’s heavy industries can be reduced.
The transformation of coal into value-added industrial products helps in safeguarding the nation’s critical manufacturing base, even as it promotes the Make in India mission. For Chairman Ratul Puri, The future of coal in India now transcends its role of fuelling traditional power grids. Instead, it focuses on powering a self-reliant, well-diversified industrial ecosystem to ensure India remains energy-secure, increasingly competitive and progressively greener in the global enterprise landscape.

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 generation. Over the years, Ratul Puri has been involved in the development of large-scale energy infrastructure projects that support India’s growing power requirements and its transition toward cleaner energy sources.

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Ratul Puri on AI and Energy: Why Intelligent Power Systems Will Drive India's Future

Ratul Puri — Wed, 05 Aug 2026 08:26:54 +0000

Artificial intelligence is rapidly reshaping industries across the world, from healthcare and manufacturing to financial services and logistics. Its impact on the energy sector, however, could be one of the most significant. While AI is expected to increase electricity demand through the rapid growth of data centres and digital infrastructure, it also offers an opportunity to make power systems more efficient, reliable and responsive. According to Ratul Puri, Chairman of Hindustan Power, AI should be seen not only as a driver of electricity demand but also as a technology that can improve the way energy is generated, managed and delivered.

The growing adoption of AI is creating a significant need for reliable electricity. Modern data centres operate around the clock, processing enormous volumes of information and supporting AI applications that require uninterrupted power. The International Energy Agency (IEA) estimates that global data centres consumed around 415 TWh of electricity in 2024. By 2030, this figure is expected to reach nearly 945 TWh, driven largely by the rapid expansion of AI-powered computing and digital infrastructure. As countries race to build digital infrastructure, ensuring a stable and dependable power supply is becoming just as important as expanding computing capacity.
According to Ratul Puri, AI-driven industries will require reliable, high-quality electricity at all times. He believes this presents an opportunity for India to strengthen its energy infrastructure while supporting the country's digital growth. As investments in AI continue to rise, building dependable generation capacity, stronger transmission networks and modern grid infrastructure will become increasingly important for sustaining economic growth.
Chairman Ratul Puri believes renewable energy must be supported by technologies that improve reliability. As he observed, "doing solar without battery makes limited sense." Solar power generates electricity during daylight hours, but demand often continues long after the sun has set. Battery Energy Storage Systems (BESS) bridge this gap by storing surplus renewable energy and supplying it when it is needed most. This improves grid stability, reduces dependence on conventional power during peak hours and makes renewable energy more dependable.

AI can further strengthen this transition by making electricity systems smarter. Intelligent software can analyse vast amounts of operational data, forecast electricity demand, predict renewable energy generation and optimise battery charging and discharging. Better forecasting enables utilities to balance supply and demand more efficiently, reducing energy waste and improving the utilisation of renewable resources. The International Energy Agency has identified AI as an important tool for improving grid operations and supporting the integration of clean energy into electricity systems.
India's electricity network is also becoming more complex as renewable energy capacity continues to expand. Managing variable solar and wind generation requires faster decision-making and greater operational flexibility. AI can help utilities monitor grid conditions in real time, anticipate potential bottlenecks and improve system performance before disruptions occur. These capabilities can enhance grid reliability while enabling higher levels of renewable energy integration.
For Ratul Puri, the discussion around AI is not limited to rising electricity consumption. It is equally about creating an energy ecosystem that is intelligent, flexible and prepared for future demand. As AI becomes increasingly embedded across industries, technologies that improve forecasting, optimise energy use and strengthen grid resilience will play an equally important role in supporting India's economic growth.
India's energy transition will therefore depend on more than adding renewable capacity. It will require investment in battery storage, modern transmission infrastructure and intelligent grid management that allows clean energy to be delivered whenever it is needed. AI has the potential to connect these elements by improving operational efficiency across the electricity value chain.
As Chairman Ratul Puri has always emphasised, the future of India's power sector lies in combining clean energy with intelligent technologies. AI can help utilities forecast demand more accurately, improve renewable integration, optimise battery storage and strengthen grid reliability. Together, these capabilities can support a cleaner, more efficient and more reliable electricity system that is ready to power both India's energy transition and its rapidly expanding digital economy.

## 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 generation. Over the years, Ratul Puri has been involved in the development of large-scale energy infrastructure projects that support India’s growing power requirements and its transition toward cleaner energy sources.

Ratul Puri: India's Renewable Energy Transition – Balancing Flexibility and Reliability

Ratul Puri — Sat, 01 Aug 2026 06:07:19 +0000

Record-breaking bids and increasing investments helped bring renewable energy into the mainstream.

Authored by Ratul Puri, Chairman, Hindustan Power

In this article, Ratul Puri shares his perspective on how India's renewable energy transition must now prioritize flexibility, reliability, and grid resilience alongside clean energy expansion.

India's renewable energy (RE) sector is undergoing a quiet but significant transformation. The journey began with robust tariff auctions that made solar and other clean energy sources commercially competitive. Recordbreaking bids and increasing investments helped bring renewable energy into the mainstream

The silent, systemic shift

As RE penetration deepens, the next phase of the energy transition presents a new challenge. The focus is no longer limited to low-cost generation. Instead, the grid now requires reliable, dispatchable power that can support stable operations and consistently meet rising demand.

This marks a transition from a purely cost-competitive model to a valuebased power system. Historically, tariffs did not fully account for critical factors such as storage costs, transmission congestion, intermittency management, balancing requirements, and curtailment risks. While storage-backed or hybrid renewable solutions may appear expensive upfront, they significantly reduce systemic stress and enhance grid efficiency over time.

Consequently, procurement priorities are shifting. Greater emphasis is now placed on capacity value, flexibility, and reliability rather than just headline tariffs. This transition reflects a maturing market adapting to the evolving needs of a high-RE power system, especially as India advances towards its 2030 non-fossil fuel capacity goals.

What is driving this shift?

The sector is moving from a lowest-tariff framework to a lowestsystemic-cost approach. Traditional levelised cost of energy (LCOЕ) metrics fail to capture hidden costs such as transmission bottlenecks, K intermittency, and curtailment risks. The focus is now on the total cost of delivering reliable power, including storage, balancing, transmission, and integration expenses.

Reliability has emerged as a key requirement. With increasing RE penetration, the grid needs power that is dependable, dispatchable, and available on demand. Hybrid solutions-such as solar-wind combinations integrated with battery storage are increasingly preferred over standalone projects, as they ensure power availability during peak demand periods.

Flexibility, once managed implicitly within the system, is now gaining formal recognition. Earlier, coal plants adjusted output, hydro power balanced fluctuations, and system operators handled variability in real time. However, these services were neither explicitly valued nor compensated. That is now changing.

The role of storage and infrastructure

Energy storage has become central to ensuring round-the-clock power supply. Battery energy storage systems (BESS) and pumped hydro projects are critical for reducing variability, curbing curtailment, and improving RE utilisation. States must prioritise new tenders for such projects, while also expediting land, water, and regulatory approvals for storage-linked developments.

Central policies can further support this transition. Measures such as interstate transmission charge waivers for storage projects and the integration of storage into planning frameworks are essential. Additionally, grid modernisation - through improved transmission capacity, better demand forecasting, and enhanced grid managementwill be key to accelerating progress.

Strengthening grid readiness

Grid readiness remains a significant bottleneck for RE expansion. While several states possess abundant renewable resources, inadequate transmission infrastructure often delays project execution. To address this, states must take a proactive approach in planning and commissioning intrastate transmission networks aligned with project timelines and central plans.

Distribution networks also require strengthening through upgrades to lines, substations, and transformers. This will ensure efficient evacuation of renewable and distributed solar power, reduce congestion and losses, and enable reliable integration of variable energy sources.

Enhancing ancillary service markets is equally important. Expanding ramping reserves, frequency response mechanisms, and fast-response services will provide the flexibility needed to manage higher shares of renewable energy.

Concluding thoughts

India's energy transition is part of a broader global shift. In regions such as the European Union, high solar penetration has led to frequent zero negative pricing during certain hours-highlighting misalignment between supply and demand. The global response has been consistent: increase storage capacity, strengthen balancing markets, and promote demand-side flexibility

As India advances towards energy security, ensuring flexibility and reliability will be just as critical as expanding renewable capacity. A balanced mix of conventional and renewable sources, supported by strong infrastructure and market mechanisms, will define the next phase of the country’s energy transition.

About Ratul Puri:

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https://energy.economictimes.indiatimes.com/news/renewable/indias-renewable-energy-transition-balancing-flexibility-and-reliability/132755691

Ratul Puri on Renewable Energy: The Next Phase of Growth will be Reliable Power Delivery

Ratul Puri — Fri, 31 Jul 2026 06:55:30 +0000

India’s renewable energy sector has entered a new phase of growth. Over the past decade, the country has made significant progress in expanding solar and wind capacity, strengthening its position as one of the world’s fastest-growing renewable energy markets. However, as renewable capacity continues to increase, greater emphasis needs to be placed on building an energy system that can efficiently transmit, store and deliver electricity.

Ratul Puri, Chairman of Hindustan Power, believes that India’s energy transition will depend on strengthening the complete power ecosystem, including transmission infrastructure, grid flexibility and energy storage solutions.

“Renewable energy growth must be supported by the infrastructure required to absorb and deliver power efficiently. The focus has to move from capacity creation to effective power delivery,” said Ratul Puri.

India added more than 54 GW of renewable energy capacity between April 2025 and March 2026, reflecting the country’s strong momentum in clean energy deployment. However, rapid capacity addition has also highlighted challenges associated with transmission availability, grid balancing and renewable energy utilisation.

The growing instances of renewable energy curtailment indicate that generation capacity alone cannot determine the success of the energy transition. Without adequate transmission networks and flexibility solutions, a portion of the electricity generated from renewable sources may not reach consumers when it is available.

Curtailment Highlights the Need for Stronger Energy Infrastructure

According to Ember data, India curtailed around 300 GWh of renewable energy during the first quarter of 2026 due to transmission constraints. The data highlights the importance of strengthening evacuation infrastructure as renewable capacity expands across the country.

Renewable-rich states with high solar and wind potential require advanced transmission systems to ensure that electricity generated in these regions can be transported efficiently to demand centres.

The challenge is becoming more visible as India continues to add renewable capacity at a rapid pace. During 2025-26, India added 52,537 MW of generation capacity across all sources until January 31, 2026. Renewable energy accounted for 39,657 MW of this addition, including 34,955 MW of solar capacity and 4,613 MW of wind capacity.

This growth demonstrates India’s ability to scale renewable energy deployment. At the same time, it highlights the importance of creating a power infrastructure capable of managing higher levels of variable renewable generation.

"Capacity addition is a significant step forward, but the value of renewable energy depends on how effectively it can be integrated into the grid and delivered to consumers," said Ratul Puri.

Transmission and Grid Flexibility Will Define the Next Stage

Solar and wind energy generation varies depending on weather conditions and time of the day. While solar power generation peaks during daylight hours, electricity demand often increases during evening periods when solar output declines.

Managing this variation requires a combination of stronger transmission networks, advanced forecasting systems, flexible generation resources and energy storage technologies.

Ember’s analysis highlighted the impact of grid flexibility challenges in India’s renewable energy sector. According to the Ember data, India curtailed 2.3 TWh of solar power between May and December 2025 due to challenges in managing increased daytime solar generation and limited grid flexibility. This amount of electricity could have supplied power to nearly 400,000 households for a year.

These figures highlight the importance of developing an integrated approach where renewable generation growth moves alongside investments in supporting infrastructure.

“Renewable energy requires a complete ecosystem. Transmission, storage and grid management solutions have to progress alongside generation capacity to create a reliable and efficient electricity system,” Ratul Puri added.

Energy Storage Will Become a Critical Enabler

Battery Energy Storage Systems (BESS) will play a significant role in improving renewable energy integration. Storage systems can capture surplus renewable electricity during periods of high generation and supply power during periods of higher demand.

For India, which is witnessing rising electricity consumption due to industrial growth, electrification of transportation and expansion of digital infrastructure, storage will be essential for maintaining grid stability.

Energy storage can also help reduce renewable energy wastage by improving the ability of the grid to absorb variable generation. Along with BESS, pumped hydro storage and other flexibility solutions will support the transition towards a more balanced power system.

“Storage will be an important part of India’s renewable energy journey. It will help bridge the gap between renewable generation patterns and consumer demand, enabling cleaner and more reliable power supply,” said Ratul Puri.

Moving Towards an Integrated Energy Future

India’s renewable energy ambitions require a shift towards a more integrated energy infrastructure approach. The next phase of growth will involve connecting renewable generation with efficient transmission systems, advanced grid technologies and storage capabilities.

The objective will be to ensure that renewable energy generated across the country contributes effectively to meeting the rising electricity demand.

Ratul Puri believes that strengthening the delivery ecosystem will be central to achieving India’s long-term energy goals.

“India’s energy transition will be shaped by how effectively we connect generation, transmission, storage and consumption. A reliable power system will be the foundation for sustainable economic growth,” he said.

As renewable capacity continues to expand, improving grid readiness and ensuring efficient power delivery will become increasingly important. India’s clean energy transition will depend on creating an ecosystem where every unit of renewable electricity generated can be utilised effectively.

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 generation. Over the years, Ratul Puri has been involved in the development of large-scale energy infrastructure projects that support India’s growing power requirements and its transition toward cleaner energy sources.

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Ratul Puri on Integrated Energy Infrastructure: Why India Must Move Beyond Renewable Capacity Addition

Ratul Puri — Thu, 30 Jul 2026 06:59:32 +0000

India’s energy transition is entering a new phase where the focus is shifting from adding renewable capacity alone to building a more integrated, reliable and flexible power ecosystem. As electricity demand rises across industries, mobility, manufacturing, digital infrastructure and data centres, the ability to deliver power consistently and efficiently will become as important as generation capacity itself.

Ratul Puri, Chairman of Hindustan Power, believes India is moving into an “era of electricity” where transmission infrastructure, battery storage, solar-plus-storage solutions and smart grids will play a crucial role alongside renewable energy expansion. According to him, the future of India’s power sector will depend on creating an ecosystem capable of delivering reliable power on demand at the lowest delivered cost. This will require focused investments in:

energy storage
grid flexibility
transmission networks
localised power infrastructure

Speaking about the country's growing electricity needs, Ratul Puri noted that India's peak power demand touched record levels of around 270 GW during the May 2026 heatwave, reflecting not only seasonal demand but also the steady rise in electricity consumption driven by manufacturing, electric mobility and expanding digital infrastructure. The trend highlights the growing need for stronger transmission and distribution networks alongside large-scale renewable energy deployment.

According to Ratul Puri, Independent Power Producers (IPPs) are rapidly evolving from power generators into integrated energy transition partners. As the sector moves beyond standalone power generation towards integrated energy solutions, IPPs are increasingly focusing on:
energy storage
grid support and transmission infrastructure
hybrid power solutions
energy management

He believes that the industry's focus has shifted from simply adding megawatts of renewable capacity to delivering reliable, flexible and long-term energy solutions. IPPs are also supporting the electrification of transport, industrial decarbonisation and the growing energy demand from sectors such as mobility, manufacturing and data infrastructure.
Separately, a CRISIL–FICCI report on India's energy transition highlights that Energy Storage Systems (ESS), Battery Energy Storage Systems (BESS), Pumped Hydro Storage (PHS) and Thermal Energy Storage (TES) will be critical to ensuring reliable and sustainable power supplies. The report notes that while renewable capacity will continue to expand rapidly, transitional power and flexible generation will remain essential for maintaining grid stability, meeting peak demand and supporting Round-the-Clock (RTC) electricity availability.

Ratul Puri also emphasises that cleaner energy systems supported by a phased and balanced transition will be critical to:
supporting economic growth
enabling industrial expansion
strengthening energy security

India’s power sector is moving into a phase where reliability and flexibility are becoming just as important as renewable capacity addition. As electricity demand rises across sectors such as mobility, manufacturing and data infrastructure, the grid will require cleaner power sources capable of supplying electricity beyond peak solar generation hours.

This is increasing the importance of solar-plus-storage, hybrid power and dispatchable renewable energy solutions, which can provide a more stable and predictable power supply while enabling higher renewable integration into the grid. These technologies also help reduce transmission constraints, improve system efficiency and strengthen long-term energy security as India builds a more resilient electricity ecosystem.

In one of his recent interviews, Ratul Puri said Hindustan Power's long-term vision remains focused on achieving 5 GW of installed capacity by 2028. The company has outlined a roadmap to scale both its renewable and transitional energy portfolio, while its near-term strategy focuses on structured capacity additions across key Indian states.

India’s next phase of energy development will depend on how effectively renewable energy generation is integrated with transmission, storage and smart-grid infrastructure. As electricity demand continues to rise from electric mobility, manufacturing, digital infrastructure and AI-powered data centres, the priority will be ensuring that clean power is available round the clock, rather than only during peak renewable generation hours.

According to Ratul Puri, maintaining grid stability, reducing transmission congestion and strengthening long-term energy security will require sustained investment in battery energy storage, solar-plus-storage projects, flexible transmission networks and localised power infrastructure. An integrated approach that combines generation, storage and grid modernisation will be essential to supporting India's economic growth while advancing its clean energy ambitions over the coming decade.

About Ratul Puri:

Ratul Puri on Building Integrated Energy Solutions for India's Rising Power Demand

Ratul Puri — Fri, 17 Jul 2026 07:15:43 +0000

As power demand grows, Ratul Puri believes integrated energy systems will be key to delivering reliable, affordable and sustainable energy in India.

Ratul Puri, Chairman Hindustan Power.

India’s power sector is undergoing a structural transformation. Rising industrial activity, expanding digital infrastructure, rapid electrification and increasing energy consumption are reshaping the country’s electricity demand profile. Peak demand has already reached record levels and is expected to continue growing as manufacturing, artificial intelligence, data centres and electric mobility become larger contributors to the economy.

The scale of this change is already visible in India’s power demand. As reported by the Ministry of Power, India achieved an all-time peak electricity demand of 256.1 GW on 25 April 2026, reflecting the rapidly expanding scale of the country’s electricity requirements and the need for a power system capable of supporting sustained economic growth. This development highlights Ratul Puri’s view that India must build an energy system capable of delivering dependable power at a significantly greater scale.

According to Ratul Puri, Chairman of Hindustan Power, these developments are changing the priorities of India’s energy transition. While renewable energy capacity will continue to expand, the focus is increasingly shifting towards building integrated and resilient energy infrastructure capable of delivering reliable power whenever it is required.

The first phase of India’s clean energy journey demonstrated the country’s ability to deploy renewable energy at scale. The future of this transition will depend on how effectively renewable generation, storage, transmission and grid infrastructure are integrated to create a flexible and future-ready electricity system. As renewable energy becomes a larger part of the generation mix, ensuring dependable power delivery will become as important as adding new capacity.

India is entering what can be described as an “era of electricity”,where manufacturing, digital infrastructure, artificial intelligence and electric mobility are driving a new phase of demand for reliable and continuous power supply. Industrial growth, digital infrastructure, electric mobility and AI-powered technologies require power systems that are more reliable, flexible and responsive. This changing landscape requires an energy ecosystem capable of supporting both rising base demand and increasing peak loads.

This upward trajectory is expected to continue over the coming decade. According to the Central Electricity Authority’s 20th Electric Power Survey, India’s peak electricity demand is projected to reach approximately 446 GW by 2034-35, while the country’s annual electrical energy requirement could rise to around 3,215 billion units.

Meeting the evolving needs of the power sector requires a more integrated approach to infrastructure development. While renewable energy remains at the core of India’s long-term energy strategy, expanding generation capacity alone will not be sufficient to support a power system with increasing variability and demand complexity. Investments in battery storage, transmission networks, grid flexibility and intelligent system operations will become increasingly important in enabling clean energy to be delivered efficiently across the country.

Battery Energy Storage Systems are emerging as an important part of this transition. By balancing supply and demand, supporting grid stability and improving the utilisation of renewable energy, storage is helping strengthen the overall resilience of the electricity network. As renewable penetration increases, integrating storage with solar and other clean energy technologies will play a larger role in providing dependable and dispatchable power.

Hybrid renewable projects are also becoming increasingly relevant as the sector moves towards more integrated energy solutions. Combining renewable generation with storage improves operational flexibility and enables electricity to be supplied beyond periods of peak solar generation. These integrated models are expected to contribute to greater grid stability while supporting India’s growing requirement for reliable, round-the-clock clean power.

At the same time, India’s energy transition will continue to require a balanced and diversified power mix. Renewable energy will remain the primary driver of clean energy growth, supported by storage and modern transmission infrastructure, while flexible resources such as hydro, pumped storage and other dispatchable technologies will continue to contribute to system reliability during the transition. This balanced approach strengthens energy security while supporting long-term decarbonisation objectives.

The opportunities created by this evolving energy landscape extend beyond electricity generation. Battery storage, green hydrogen and industrial decarbonization initiatives are opening new pathways for supporting sectors that require reliable and lower-carbon energy solutions. As industries seek to improve efficiency and reduce emissions, integrated energy infrastructure will become an important enabler of sustainable industrial growth.

This changing environment is also redefining the role of independent power producers. Increasingly, energy developers are expected to contribute not only through generation assets but also through integrated solutions that improve system flexibility, support grid operations and strengthen long-term energy resilience. The sector is gradually moving from delivering individual projects to enabling a more connected and responsive power ecosystem.

Reflecting these industry developments, Hindustan Power continues to strengthen its portfolio across renewable energy, battery storage and integrated energy infrastructure. Under the leadership of Ratul Puri, the company remains focused on building energy systems that support greater reliability, operational flexibility and efficient power delivery.

India’s energy transition is entering a new phase shaped by rising electricity demand and changing consumption patterns. The long-term opportunity lies not only in expanding renewable energy, but in building an integrated power system capable of supporting economic growth while delivering reliable, affordable and sustainable electricity. As the country’s energy ecosystem continues to evolve, the ability to connect generation, storage and grid infrastructure into a coordinated system will increasingly define the next chapter of India’s power sector.

About Ratul Puri:

About Hindustan Power:

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Ratul Puri: India's Net Zero Future Depends on Building an Integrated Energy System

Ratul Puri — Wed, 15 Jul 2026 09:39:58 +0000

India's clean energy transition has entered a defining decade. Over the past several years, the country has established itself as one of the world's fastest-growing renewable energy markets through consistent policy support, competitive bidding and sustained private sector investment. India has already crossed 280 GW of installed non-fossil fuel capacity and continues to make steady progress towards its target of 500 GW by 2030 and Net Zero by 2070. While expanding renewable energy capacity will remain a national priority, the challenge before the sector is becoming fundamentally different. The country's clean energy ambitions will increasingly depend on an integrated power system that can deliver reliable, affordable and low-carbon electricity at scale.

India's electricity demand is changing both in scale and complexity. Rapid industrialisation, digital infrastructure, electric mobility, urbanisation and the emergence of AI-driven data centres are creating new demand patterns that require uninterrupted, high-quality power. According to the Central Electricity Authority, the country's peak electricity demand is expected to exceed 450 GW by 2032. Meeting this demand while reducing emissions will require a more flexible power system, better connected and capable of balancing generation and consumption in real time. Achieving India's climate and energy goals will require equal emphasis on strengthening power infrastructure and expanding renewable energy capacity.

"India has already demonstrated that it can deploy renewable energy at scale. Going forward, equal attention must be given to the infrastructure that supports it. Generation, storage, transmission and digital grid management must evolve together if clean energy is to meet the growing needs of households, industry and the broader economy. System integration will be the defining factor in achieving India's long-term energy ambitions," says Ratul Puri, Chairman of Hindustan Power.

As renewable energy assumes a larger share of the electricity mix, maintaining grid stability becomes increasingly important. Solar and wind generation are inherently variable, making flexibility an essential requirement for the modern power system. Battery Energy Storage Systems (BESS) are emerging as one of the most significant enablers of this transition by storing surplus renewable energy and making it available when demand is highest. Storage also supports frequency regulation, reserve capacity and grid balancing, allowing renewable energy to contribute more effectively to a stable electricity network. As battery technologies continue to mature and costs decline globally, storage is becoming an integral part of electricity infrastructure rather than an optional addition to renewable projects.

Building a stronger transmission network is equally important. India's richest renewable energy resources are often located far from major industrial and urban centres, making transmission investments critical for moving clean electricity efficiently across the country. Expanding Green Energy Corridors, strengthening interstate connectivity and modernising the national grid will reduce congestion, improve power flows and minimise renewable energy curtailment. At the same time, flexible conventional generation will continue to provide balancing support as renewable capacity expands, ensuring that electricity supply remains dependable while newer technologies continue to scale.

"The future of the power sector will not be shaped by any single technology. Renewable energy, storage, transmission, flexible generation and digital technologies each have a distinct role to play. Their collective strength will determine how efficiently India delivers clean, reliable and affordable power," says Ratul Puri.

The transition extends well beyond electricity generation. Heavy industries including steel, cement, fertilisers and refining account for a significant share of India's emissions and require multiple decarbonisation pathways. Green hydrogen has the potential to transform these hard-to-abate sectors by providing a low-carbon alternative for industrial processes where direct electrification remains difficult. At the same time, improving energy efficiency across industries, commercial buildings and transport can significantly reduce pressure on generation and transmission infrastructure while lowering emissions. Combining renewable electricity, storage, cleaner fuels and efficiency measures will create a more balanced and competitive energy system.

India's clean energy transformation also presents a significant economic opportunity. Investments across renewable energy, battery manufacturing, transmission infrastructure, green hydrogen and domestic clean energy supply chains can strengthen energy security, reduce dependence on imported fossil fuels and create high-quality employment across manufacturing, engineering and technology. For developers and investors, the opportunity is also evolving. Customers increasingly seek dependable clean power solutions rather than standalone renewable assets, encouraging greater integration across technologies and long-term infrastructure planning.

"India's energy transition is ultimately an economic transformation. The countries and companies that succeed will be those that can deliver reliable, competitive and low-carbon energy at scale. Building integrated energy systems will strengthen industrial competitiveness, improve energy security and create a foundation for sustained economic growth over the coming decades," says Ratul Puri.

India has shown that it can scale renewable energy with remarkable speed. The country's long-term success will now depend on building a power system where generation, storage, transmission, flexible capacity and emerging low-carbon technologies operate seamlessly together. Such an integrated approach will enable reliable clean electricity at scale while supporting India's climate goals, industrial competitiveness and energy security.

About Ratul Puri:-

Hindustan Power: Meeting India’s rising power demand with integrated solutions

Ratul Puri — Mon, 13 Jul 2026 11:57:06 +0000

In an interview with Power Line, [Ratul Puri](In an interview with Power Line, Ratul Puri, Chairman, Hindustan Power Limited, discussed the company’s key focus areas, major milestones, energy transition initiatives and top strategic priorities. Edited excerpts…

What is the outlook for Hindustan Power’s business in the near and long term?
Hindustan Power’s near- and long-term outlook remains focused on scaling its renewable and transitional energy portfolio in line with India’s evolving priorities. The company has outlined a road map to build a 5 GW energy portfolio by 2028, with growth anchored in renewable energy, grid-supportive transitional energy solutions and long-term infrastructure development.

In the near term, the company is focused on structured capacity additions across key Indian states, supported by disciplined capital deployment, operational efficiency and timely project execution. The strategy is aligned with rising electricity demand, India’s clean energy targets and the increasing need for reliable and resilient power infrastructure.

From a long-term perspective, Hindustan Power aims to strengthen its position as a significant contributor to India’s energy transition by building a diversified and sustainable energy portfolio.

What are the major focus areas for Hindustan Power, given the present geopolitical scenarios?

Given the current geopolitical environment, our focus is on building scale with resilience. We see strong opportunity in creating a diversified energy portfolio that balances renewable growth with reliable and flexible power solutions necessary for the baseload.

We are also focused on sectors that will drive future electricity demand, industrial infrastructure and more. At the same time, strengthening domestic execution capability, supply chain preparedness and long-term infrastructure partnerships remain a key priority for us.

*Why is India’s energy transition shifting from renewable capacity addition to integrated energy infrastructure development?
*
We are entering what can be described as the “era of electricity”. With the rapid electrification of transportation, rising power demand from data centres and increasing digital infrastructure, the priority is no longer just adding solar and wind capacity. The focus is now on ensuring round-the-clock (RTC) electricity, where hybrid models, backed by energy storage, will play a crucial role in the foreseeable future.

There is also a need to provide power on demand at the lowest delivered cost of energy. This requires investments in storage, grid flexibility, transmission networks and localised power infrastructure.

We are already experiencing multiple peak power periods due to heatwaves across the country. This requires moving beyond models that only focus on generation without concomitant investments in the other critical components of the power value chain. Thus, we need to move away from “just-in-time planning” and build future-ready capacity with adequate spare RTC power and robust connectivity to address sudden power constraints.

*What is driving the growing adoption of solar-plus-storage, hybrid power and despatchable renewable energy solutions in India?
*
India’s power sector is moving into a phase where reliability and flexibility are becoming as important as renewable energy capacity addition. As electricity demand rises across sectors such as mobility, manufacturing and data infrastructure, the grid will require cleaner power sources that can supply energy beyond peak solar hours.

This is driving the significance of solar-plus-storage, hybrid power and despatchable renewable solutions, which can provide more stable and predictable power supply while supporting higher renewable integration into the grid. These technologies also help reduce transmission pressure, improve system efficiency and strengthen long-term energy security as India builds a more resilient electricity ecosystem.

*How are IPPs evolving from pure power generators to integrated energy transition partners?
*
IPPs are increasingly evolving from pure power generators to integrated energy transition partners as the sector moves beyond standalone capacity creation. As discussed earlier, customers and governments are looking not just for megawatts, but also for reliable, flexible and long-term energy solutions.

This is expanding the role of IPPs into areas such as storage, hybrid power, grid support, energy management and despatchable renewable solutions. IPPs are also becoming important partners in supporting electrification, industrial decarbonisation and emerging energy demand from sectors such as mobility and data infrastructure. The shift reflects a broader transition from supplying power to enabling a more resilient, technology-driven and future-ready energy ecosystem.

*What is the role of transitional power and flexible generation in supporting India’s renewable energy ambition?
*
India’s renewable energy ambitions will require a balanced and reliable power ecosystem. While renewable capacity will continue to scale rapidly, transitional power and flexible generation will remain important in ensuring grid stability, meeting peak demand and supporting RTC electricity availability.

As renewable energy penetration increases, the ecosystem will require flexible sources of power that can respond quickly to fluctuations in demand and supply. In the near to medium term, India will continue to require a diverse mix of energy sources, including thermal, hydro, nuclear, storage and renewable energy, to maintain reliability while the transition evolves.

The long-term direction remains towards cleaner energy systems, but a phased and balanced transition will be critical to supporting economic growth, industrial expansion and energy security.

*How do you view emerging opportunities in battery storage, green hydrogen and industrial decarbonisation?
*
The “era of electricity”, as I describe it, is creating entirely new opportunities across battery storage, green hydrogen and industrial decarbonisation. The electrification of transportation, growth in data centres and rising industrial demand will require reliable and flexible power systems at scale.
Battery storage is becoming one of the most important enablers of this transition. As renewable penetration increases, just building peak daytime energy is not going to solve the problem.

The focus is now shifting towards storage combined with renewable energy, despatchable clean power and RTC energy solutions. Green hydrogen will also become increasingly relevant, particularly for hard-to-abate sectors and industrial decarbonisation. Over time, industries will look for cleaner and more competitive energy pathways as carbon markets evolve and clean energy adoption accelerates.

*What is your outlook for India’s long-term electricity demand amid manufacturing expansion, electrification and AI-driven data centre growth?
*
India’s electricity demand is on a sustained upward trajectory, reinforced by both structural and cyclical factors. The recent heatwave conditions, such as in May 2026, have already pushed peak load to record levels of 270 GW, highlighting how climate stress is intensifying short-term consumption spikes alongside long-term growth trends.

Beyond seasonal demand, the bigger shift is coming from economic transformation. Manufacturing expansion is increasing industrial power requirements, the electrification of mobility is creating new categories of demand and artificial intelligence-led compute growth is accelerating the need for large-scale, green energy.
Together, these forces are reshaping India’s power system from one that is primarily driven by peak seasonal variation to one that is defined by consistently rising base demand and higher RTC consumption needs.

How can India advance energy security, affordability and sustainability simultaneously during its power transition?
India’s power system is expanding at a pace where balancing reliability, cost and decarbonisation has become essential rather than optional. Rising consumption from industrial growth, electrification and digital infrastructure is steadily increasing the need for continuous and scalable electricity supply.
Affordability remains critical to support manufacturing competitiveness and broad-based access, while energy security ensures the system can meet both expected and sudden variations in demand without disruption. Sustainability provides the long-term framework to align this expansion with emissions reduction goals.

Taken together, these three priorities are increasingly interdependent and progress in one without the others would limit the effectiveness and resilience of India’s overall energy transition.

About Ratul Puri:-

This content is taken by this source:

https://powerline.net.in/2026/07/10/hindustan-power-meeting-indias-rising-power-demand-with-integrated-solutions/

Mr. Ratul Puri, Chairman, Hindustan Power

Ratul Puri — Fri, 10 Jul 2026 12:44:30 +0000

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 energy, transitional power generation and supporting infrastructure, building capabilities that allow us to address both sustainability and energy security requirements. In recent times, we have strengthened our focus on battery energy storage and integrated energy solutions, recognising that the future of the sector will be shaped by the reliable delivery of clean energy.

Today, as we work towards building a 5 GW energy portfolio, our focus remains steadfast on creating scalable, future ready infrastructure that supports India’s economic growth while contributing to a more sustainable and resilient energy ecosystem.

Q 2. The company developed India’s first 5 MW solar plant and Asia’s first 30 MW solar PV project. How have these early achievements influenced your long-term strategy in clean energy?

Those projects were significant in terms of their scale at the time and in demonstrating that renewable energy could transition from concept to commercial viability. They gave us first-hand experience in developing, financing and operating large clean energy assets in a market that was still finding its footing.

More importantly, those early projects taught us that energy transitions are never static. Technologies evolve, customer expectations change and grid requirements become more complex. That understanding continues to shape our strategy today.

We are moving beyond a capacity-focused approach to renewables. We are focused on building energy systems that combine generation, storage, flexibility and reliability. The lessons from our early investments in solar energy taught us the value of staying ahead of technology cycles and anticipating future trends rather than simply responding to where the market stands today. That perspective continues to guide our investments and strategic priorities as the energy landscape evolves.

Q 3. As India accelerates its energy transition, what opportunities do you see for renewable energy developers in supporting the country’s sustainability and energy security goals?

India’s energy transition presents one of the most significant opportunities globally. As the country pursues rapid economic growth, industrial expansion and digital transformation, the demand for reliable, affordable and sustainable energy will continue to rise, creating substantial opportunities for renewable energy developers.

The opportunity today extends far beyond adding renewable energy capacity. Developers are increasingly becoming partners in strengthening energy security by delivering integrated energy solutions that enhance reliability, support grid stability and reduce dependence on imported fuels.

We are also witnessing new demand drivers emerge from manufacturing, digital infrastructure and data centres. These sectors require large volumes of clean electricity delivered consistently and competitively. Renewable energy developers that can combine scale, technology and execution excellence will play a critical role in supporting India’s sustainability goals while strengthening the country’s long-term energy resilience and energy security.

Q 4. Hindustan Power is actively expanding into solar-plus-storage solutions. How do you see battery energy storage transforming the renewable energy landscape in India?

Battery energy storage is set to become one of the defining technologies of India’s energy transition. Over the past decade, the focus was largely on adding renewable generation capacity. The future of the energy transition will be defined by aligning clean energy availability with consumer demand and usage patterns.

In many ways, storage is becoming the bridge between renewable energy generation and grid reliability. As renewable penetration increases, storage will play a critical role in balancing supply and demand, supporting grid stability and enabling round-the-clock clean power. It will also help cut down curtailment, manage peak demand and accelerate the adoption of renewable power on demand.

At Hindustan Power, we see storage as a strategic growth area and a key enabler of the future electricity system. As of 2025, we had expanded our battery storage portfolio to more than 750 MWh across multiple states, including projects with SECI, SJVN and BSPGCL. These investments reflect our belief that solar-plus-storage will increasingly become the preferred model for delivering reliable, flexible and scalable clean energy in India.

Q 5. The company operates across renewable and transitional energy businesses. How do you balance reliability, affordability, and sustainability while planning future projects?

Energy transition is often discussed in terms of sustainability, but long-term success will also be defined by reliability and affordability. These three objectives are interconnected and cannot be pursued in isolation.

Our planning approach is guided by a simple principle: every energy system must be able to provide dependable power at competitive costs while progressively reducing its environmental footprint. This requires a balanced portfolio approach that combines renewable energy growth with technologies and infrastructure capable of supporting grid stability.

As India’s power demand continues to grow, the transition must support economic development, industrial competitiveness and energy security. We therefore view renewable energy, energy storage and enabling infrastructure as complementary elements of an integrated energy ecosystem that can deliver sustainable, reliable and affordable power at scale.

Q 6. Innovation and large-scale project execution have been central to Hindustan Power’s success. What recent technological advancements or project developments are you most excited about?

One of the most exciting developments in the energy sector today is the convergence of renewable energy, battery storage and advanced power infrastructure. The industry is moving beyond standalone generation assets towards integrated energy systems that can deliver cleaner, more reliable and more flexible power.

From Hindustan Power’s perspective, the rapid scale-up of our battery energy storage portfolio is particularly encouraging. Storage is transforming the economics and operational capabilities of renewable energy by enabling firm and dispatchable power, which will become increasingly important as electricity demand continues to rise across industries, mobility and digital infrastructure.

Equally exciting is the pace at which solar-plus-storage projects are moving from concept to commercial deployment. We are seeing growing acceptance of dispatchable renewable power models across utilities and state agencies, creating opportunities to build energy infrastructure that combines clean generation with reliability and grid support.

We are also encouraged by advancements in ultra-supercritical generation technology, digital asset optimisation and predictive operational systems that are improving efficiency across the power value chain. As the energy landscape evolves, competitive advantage will come from combining diverse technologies to deliver cleaner, more reliable and more efficient energy solutions.

Q 7. Hindustan Power recently signed a 25-year Power Supply Agreement with MP Power Management Company for supplying 800 MW from its upcoming Anuppur project. How does this milestone align with the company’s long-term growth strategy and vision for India’s evolving power sector?

The agreement is a significant achievement.in our growth journey and reflects our long-term commitment to build large-scale power infrastructure that supports India’s development ambitions. The project will supply 800 MW of power to Madhya Pradesh under a 25-year agreement, providing long-term visibility while helping meet the state’s growing electricity requirements. It represents a significant addition to our long-term infrastructure portfolio and demonstrates our confidence in India’s rapidly evolving energy markets.

From a strategic perspective, the project reflects our belief that India’s energy transition will require both renewable energy expansion and dependable power infrastructure capable of supporting economic growth, industrialisation and rising electricity demand. Reliable baseload power will continue to play an important role as the country scales renewable energy and storage capacity.

The Anuppur project also builds on our established presence in Madhya Pradesh and demonstrates confidence in our ability to develop and operate large, technologically advanced energy assets. As India enters what I often describe as the “era of electricity”, projects of this scale will be essential in ensuring that energy security, affordability and sustainability progress together.

About Ratul Puri:-

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

This content is taken by this source:

[https://www.renewablemirror.com/ratul-puri-says-hindustan-power-interview/

DEV Community: Ratul Puri

Ratul Puri Led Hindustan Power Achieves Financial Closure of Rs. 1,135 Cr For its 435 MWp Solar Project

Leadership View

About Ratul Puri

About Hindustan Power

Ratul Puri on Renewable Energy and India’s Energy Transition

India’s Changing Power Landscape

Generation Is Only One Part of the Transition

The Grid Is Becoming a Strategic Priority

Storage and Smarter Grids

From Renewable Capacity to Reliable Electricity

About Ratul Puri

About Hindustan Power

Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability

Ratul Puri: Bridge to energy security and low-carbon future

About Ratul Puri:-

Ratul Puri on AI and Energy: Why Intelligent Power Systems Will Drive India's Future

Ratul Puri: India's Renewable Energy Transition – Balancing Flexibility and Reliability

The silent, systemic shift

What is driving this shift?

The role of storage and infrastructure

*Strengthening grid readiness *

Concluding thoughts

About Ratul Puri:

Ratul Puri on Renewable Energy: The Next Phase of Growth will be Reliable Power Delivery

Curtailment Highlights the Need for Stronger Energy Infrastructure

Transmission and Grid Flexibility Will Define the Next Stage

Moving Towards an Integrated Energy Future

About Ratul Puri

Ratul Puri on Integrated Energy Infrastructure: Why India Must Move Beyond Renewable Capacity Addition

Ratul Puri on Building Integrated Energy Solutions for India's Rising Power Demand

About Ratul Puri:

About Hindustan Power:

Ratul Puri: India's Net Zero Future Depends on Building an Integrated Energy System

Hindustan Power: Meeting India’s rising power demand with integrated solutions

Mr. Ratul Puri, Chairman, Hindustan Power

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?

Q 2. The company developed India’s first 5 MW solar plant and Asia’s first 30 MW solar PV project. How have these early achievements influenced your long-term strategy in clean energy?

Q 3. As India accelerates its energy transition, what opportunities do you see for renewable energy developers in supporting the country’s sustainability and energy security goals?

Q 4. Hindustan Power is actively expanding into solar-plus-storage solutions. How do you see battery energy storage transforming the renewable energy landscape in India?

Q 6. Innovation and large-scale project execution have been central to Hindustan Power’s success. What recent technological advancements or project developments are you most excited about?

Q 7. Hindustan Power recently signed a 25-year Power Supply Agreement with MP Power Management Company for supplying 800 MW from its upcoming Anuppur project. How does this milestone align with the company’s long-term growth strategy and vision for India’s evolving power sector?

About Ratul Puri:-

Strengthening grid readiness