DEV Community: Ratul Puri

Ratul Puri on Energy Storage, BESS and India’s Renewable Energy Future

Ratul Puri — Wed, 16 Sep 2026 11:17:29 +0000

India’s renewable energy story is moving beyond capacity addition. As solar and other renewable capacity expands, the focus is increasingly shifting towards storage, grid flexibility and reliable power delivery. Ratul Puri, Chairman of Hindustan Power, views energy storage as a critical component of this next stage of India’s energy transition. As India integrates a growing share of renewable generation into its electricity system, the requirements for managing and balancing power are becoming more complex. Transmission networks, flexible generation, energy storage and efficient grid management will play an increasingly important role in meeting demand across different times of the day. This broader perspective is reflected in Ratul Puri's views on India's Power Sector, with greater emphasis on building an electricity system that can support the country's evolving energy needs.

For Ratul Puri, project execution is equally important as the capacity creation for the future of India's renewable energy sector. Winning a renewable energy tender is only one part of the process. Projects also require suitable land, transmission connectivity, financing, reliable offtake arrangements and careful planning throughout their operating life. This makes lifecycle economics increasingly important. Developers need to consider factors such as battery degradation, augmentation, efficiency losses, operating expenses and long-term revenue visibility when evaluating projects. This broader approach closely aligns with Ratul Puri’s Energy Infrastructure thinking, where generation assets must be considered alongside the transmission, storage, and supporting systems required to make electricity reliably available. As renewable capacity expands, this approach can help the industry move beyond headline tariffs and focus on projects that can deliver reliable returns and dependable electricity over the long term.
Battery Energy Storage Systems, or BESS, are becoming increasingly important to India's renewable energy strategy. Solar generation is concentrated during daylight hours, while electricity demand can remain high during the evening. Battery storage can help bridge this timing gap by storing electricity and releasing it when required. However, Ratul Puri points to a broader opportunity for BESS. Batteries can support the electricity system through frequency balancing, peak management and other grid services in addition to shifting renewable energy from one period to another. For India's energy storage market to develop at scale, commercially viable revenue models will be important. Storage projects may need to generate value from multiple applications rather than relying solely on energy arbitrage.

Hybrid Renewable Energy and Flexible Power Systems

India's future power system is likely to combine multiple technologies rather than depend on renewable generation alone. Solar, wind, thermal generation and battery storage can work together to create more flexible power systems. These combinations also introduce greater operational complexity. Different generation technologies respond differently to changes in demand and grid conditions. Energy Management Systems can help coordinate these assets by determining when electricity should be generated, stored or dispatched.
This represents an important change in how power projects are designed. The objective is increasingly about building an integrated system capable of responding to real-time electricity requirements.
Battery technology will play a central role in expanding energy storage in India. Lithium Iron Phosphate (LFP) batteries are currently an established option because of their safety characteristics, performance and growing commercial acceptance. At the same time, emerging technologies such as sodium-ion and flow batteries are attracting attention for applications where cost, material availability or longer-duration storage requirements could influence technology selection. For Ratul Puri, maintaining technology flexibility is important as the storage market evolves. India also needs battery supply chains as domestic storage deployment increases. Greater diversification of battery technologies and manufacturing capabilities can support the country's wider energy-security objectives.

Digitalisation in the Future Power Sector

The energy transition is also becoming increasingly digital. Forecasting, predictive maintenance, real-time electricity prices and automated dispatch can help operators make better decisions about renewable generation and battery storage. Digital tools can therefore influence more than operational efficiency. They can also affect asset utilisation, revenue optimisation and the overall economics of power projects. The combination of renewable generation, BESS and digital intelligence could create a more responsive electricity system capable of adapting to changing demand and market conditions.
The evolution of India’s power sector will depend on how effectively new technologies and infrastructure work together. Investments in storage, grid modernisation, flexible generation and digitalisation can help shape a more responsive electricity system. The perspective of Chairman Ratul Puri highlights the growing importance of energy storage, hybrid generation, transmission infrastructure and digital technologies in achieving that objective. For Hindustan Power and the wider energy sector, the opportunity lies in connecting clean generation with the infrastructure and technologies needed to deliver dependable electricity. As India's energy transition accelerates, BESS, flexible generation and smarter power management are likely to become increasingly important to the country's clean-energy future.

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, Chairman 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’s Journey in India’s Energy and Infrastructure Sector

Ratul Puri — Tue, 15 Sep 2026 07:34:58 +0000

India’s energy sector is undergoing a significant transformation, driven by rising energy demand, the shift toward cleaner sources and the need for resilient infrastructure. In this changing environment, industry leadership plays an important role in translating opportunities into sustainable growth. Ratul Puri, Chairman of Hindustan Power, has built his leadership journey around the energy and infrastructure sectors, contributing to the development and expansion of an integrated energy platform.
His professional journey combines entrepreneurship, infrastructure development and engagement with broader discussions around sustainable development. Over the years, his work and leadership have also received recognition from several prominent national and international institutions.

Leadership at Hindustan Power

As Chairman of Hindustan Power, Ratul Puri has been associated with the company’s growth as an integrated player in India’s energy infrastructure landscape. His leadership has focused on responding to the evolving needs of the sector while creating opportunities for expansion and innovation.

India’s energy requirements are becoming increasingly complex. Alongside expanding generation capacity, the country needs reliable infrastructure, efficient systems and long-term investment across the energy value chain. Companies operating in this environment need to balance growth with changing market requirements and emerging technologies.

Ratul Puri’s leadership has shaped Hindustan Power’s presence within the broader energy landscape, with an emphasis on building capabilities that can support India’s evolving power requirements.

Engagement on the Global Stage

Ratul Puri has contributed to discussions at the World Economic Forum, including conversations related to climate resilience and sustainable development. Global platforms such as these provide an opportunity to examine India's infrastructure transformation within a wider international context.

India is now an important part of global conversations on energy transition, infrastructure investment and sustainable economic growth. The country's scale and rapidly changing energy requirements create both opportunities and challenges for businesses and policymakers.

Participation in these discussions allows industry leaders to share practical perspectives from India's developing energy ecosystem while also gaining insight into global approaches to infrastructure and sustainability.

Academic Foundation and Entrepreneurial Journey

Ratul Puri is an alumnus of Carnegie Mellon University, an institution known for its focus on technology, innovation and interdisciplinary education. His academic background forms part of a broader professional journey that has combined entrepreneurship with leadership in infrastructure and energy.
His entrepreneurial achievements received early recognition. In 2002, he was honoured with the Entrepreneur of the Year Award by Ernst & Young. This recognition marked an important milestone in his professional journey and reflected his contribution to business and entrepreneurship.

As his career progressed, his work received further recognition from prominent organisations and publications.

Recognition Over the Years

Ratul Puri’s career has been accompanied by several notable awards and recognitions.
In 2007, Business Today recognised him among the Top 21 Young Leaders in India. The following year, the World Economic Forum named him a Young Global Leader, recognising his leadership potential and contribution to the wider business community.
His contribution to India's infrastructure sector was recognised by The Economic Times in 2014. That same year, he was honoured as CEO of the Year by the World Brand Congress.
In 2015, he also received recognition at the Asian Power Awards, further reflecting his association with the evolving energy and infrastructure sector.

Together, these milestones illustrate a leadership journey that has developed alongside India's rapidly changing business and infrastructure environment.

The Future of Energy

India’s energy transition is likely to remain an important part of the country's development story in the coming years. Meeting future requirements will require investment, innovation and infrastructure capable of supporting a more diverse and sustainable energy mix.

Ratul Puri, Chairman of Hindustan Power, represents a leadership journey shaped by entrepreneurship, energy infrastructure and engagement with sustainability discussions. His professional recognitions and global participation provide further context to his role within India's evolving energy landscape.

As the country continues to build the infrastructure needed for its next phase of growth, experienced leadership and long-term thinking will remain important in turning India's energy ambitions into practical outcomes.

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 Solar Manufacturing Key Trends to Watch by 2030

Ratul Puri — Thu, 10 Sep 2026 05:57:38 +0000

India’s solar manufacturing industry is expected to undergo significant changes by 2030. The industry is likely to become more integrated, technology-driven and globally competitive as manufacturers respond to changing market requirements and advances in solar technology.
One of the biggest trends will be greater integration across the solar manufacturing value chain. India is expected to develop stronger capabilities in wafers, cells and modules, creating a more connected domestic manufacturing ecosystem. Companies with operations across multiple stages of production could gain greater control over costs, quality and technology.
Higher-efficiency solar technologies are also expected to become increasingly important. Manufacturers are likely to adopt advanced cell technologies and improved production processes to deliver higher-performing modules. As technology continues to evolve globally, regular upgrades to manufacturing facilities will become increasingly important for maintaining competitiveness.
Domestic supply chains are expected to become deeper and more diverse. India is likely to see increased production of components, materials and equipment used in solar manufacturing. A wider domestic supplier base could provide manufacturers with greater access to critical inputs while increasing the share of value generated within the country.
Solar demand is also expected to become more diverse by 2030. Utility-scale projects will continue to account for a significant share of deployment, while rooftop solar, commercial and industrial projects and hybrid renewable energy systems are likely to expand. Emerging applications such as data centres and green hydrogen could also create new opportunities for solar manufacturers as their renewable electricity requirements grow.
Exports are expected to become an increasingly important part of India’s solar manufacturing industry. Manufacturers are likely to expand into a wider range of international markets, including Europe, the Middle East and Africa. Competing across these markets will require Indian companies to meet different technical standards, product specifications and customer requirements while maintaining competitive costs, product quality and delivery capabilities.
Automation and digital technologies are expected to become more common across solar manufacturing facilities. Automated production lines, digital quality-control systems, real-time monitoring and data analytics can improve production consistency and operational efficiency. As manufacturing facilities become larger and more sophisticated, these technologies are likely to play a greater role in managing production and maintaining product standards.
The industry is also likely to see greater consolidation by 2030. Larger manufacturers with integrated operations, modern technologies and efficient production systems could gain an advantage as competition increases. Smaller manufacturers may increasingly adopt newer technologies, specialise in specific segments or expand their manufacturing capabilities to remain competitive.
Another trend will be greater emphasis on the productive use of manufacturing capacity. Manufacturers are likely to place greater importance on production planning, facility utilisation and the ability to respond to changes in domestic and international demand. Efficient use of manufacturing facilities will become increasingly important as competition within the industry grows.
By 2030, India’s solar manufacturing industry is expected to have a broader domestic value chain, more advanced technologies, greater automation and a stronger presence in international markets. The sector is also likely to serve a wider range of applications as solar power becomes increasingly connected with green hydrogen, data centres, storage and hybrid renewable energy.
India’s solar manufacturing industry is therefore expected to become more integrated, technologically advanced and globally connected by 2030. The companies best positioned in this environment are likely to be those that combine modern technology and efficient production with the ability to serve both domestic and international markets.

About Ratul Puri

Ratul Puri and Hindustan Power’s Growing Solar Presence in Uttar Pradesh

Ratul Puri — Thu, 03 Sep 2026 06:31:28 +0000

Uttar Pradesh is steadily expanding its solar power base, with the state looking to make greater use of its considerable renewable energy potential. The opportunity is substantial. Invest UP currently puts the state’s solar potential at 23 GW and lists 2,632 MW of solar capacity as already installed. The state is also pursuing utility-scale projects, rooftop systems and distributed generation as part of its broader solar strategy.
The market is developing across different segments. In the second quarter of 2026, Uttar Pradesh was among the three leading states for rooftop solar additions in India, accounting for 18% of quarterly installations. The state also recorded 23% year-on-year growth in rooftop solar capacity between Q2 2025 and Q2 2026, according to Mercom India.
It is in this larger market that Hindustan Power’s 435 MWp/300 MW solar project in Lalitpur has reached a significant financing milestone. The project, which was awarded to the company through competitive bidding in 2025, has now achieved financial closure with the Indian Renewable Energy Development Agency (IREDA) sanctioning ₹1,135 crore in debt.
The project also has a long-term Power Purchase Agreement with Uttar Pradesh Power Corporation Limited (UPPCL), providing a clear offtake arrangement for the electricity it will generate. With financing secured and work already underway, the Lalitpur project is moving ahead according to its planned development schedule.
For Ratul Puri, Chairman of Hindustan Power, the Lalitpur project represents more than an addition to the company’s renewable portfolio. It reflects the opportunity emerging in a state where solar is becoming an increasingly important part of the power landscape.
“The 435 MWp solar project in Uttar Pradesh marks an important milestone in our renewable energy expansion,” Ratul Puri said.
He added, “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.”
The significance of the Lalitpur project also lies in its scale. At 435 MWp, it is among the larger solar installations being developed in Uttar Pradesh. Its location in Lalitpur places it within the broader Bundelkhand region, which has emerged as an important area for solar development. The state’s solar policy has also envisaged utility-scale projects and solar parks, supported by transmission infrastructure designed to facilitate the evacuation of power from the region.
This wider ecosystem matters because adding solar capacity is only one part of building a functional renewable power market. Financing, transmission, power purchase arrangements and project execution all have to move together. The Lalitpur project brings these elements together through its IREDA-backed financing, PPA with UPPCL and ongoing construction.
For Hindustan Power, the development fits into a broader expansion across renewable and transitional energy. The company has been pursuing sizeable power infrastructure projects while building its presence across different segments of India’s electricity sector.
Uttar Pradesh’s policy direction provides further context. The state’s Solar Energy Policy 2022 targets 22,000 MW of solar projects by 2026-27, including 14,000 MW from utility-scale projects and solar parks, alongside rooftop and distributed generation.
Against this backdrop, the Lalitpur project represents a practical stage in the state’s solar journey. It has moved beyond the award stage, secured financing and entered execution.
Ratul Puri Chairman said the project also reflects Hindustan Power’s longer-term approach to renewable infrastructure. As India’s power system continues to evolve, he added that the company remains focused on developing “reliable, efficient and sustainable generation capacity” while contributing to long-term energy security.
The Lalitpur project is therefore best viewed as part of a wider shift taking place in Uttar Pradesh. The state is building a solar market that spans utility-scale plants, rooftop systems, distributed generation and supporting infrastructure. Hindustan Power’s project adds another sizeable asset to that expanding ecosystem, while its financial closure marks a clear step forward in turning an awarded project into operating renewable capacity.

About Ratul Puri

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.

Ratul Puri on the Changing Landscape of India’s Energy Future

Ratul Puri — Thu, 27 Aug 2026 10:21:42 +0000

Ratul Puri, Chairman, Hindustan Power

India’s energy landscape is undergoing a significant transformation. Rising electricity demand, expanding industrial activity, and the growing adoption of cleaner power are reshaping the country’s energy priorities. Meeting this demand will require not only greater generation capacity but also a more diverse and resilient energy infrastructure capable of supporting economic growth while accelerating the shift towards cleaner sources. This transition is already gaining momentum. India has crossed 300 GW of installed non-fossil fuel-based power capacity, reaching around 60% of its 500 GW target for 2030. The progress reflects the increasingly important role of clean energy in meeting the country’s future power requirements.

And, Uttar Pradesh sits at the heart of this transformation. One of India’s most populous states, it is witnessing rising demand for electricity while steadily expanding its renewable energy capacity. It is against this changing energy landscape that Hindustan Power is developing a 435 MWp/300 MW solar power project in Lalitpur district. The project has now reached a significant stage, with the Indian Renewable Energy Development Agency (IREDA) sanctioning ₹1,135 crore in debt and Hindustan Power achieving financial closure. Work is already underway and is progressing according to the planned development schedule.

Awarded to Hindustan Power through a competitive bidding process in 2025, the project is among the largest solar projects being developed in Uttar Pradesh. It has a long-term Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL), providing a framework for supplying clean power to the state as its energy requirements continue to grow.

For Hindustan Power Chairman Ratul Puri, the project reflects the direction in which India’s energy needs are moving. Uttar Pradesh is having to accommodate rising electricity demand while simultaneously increasing its reliance on renewable energy. Large-scale projects such as Lalitpur can help bridge these two imperatives by adding substantial clean generation capacity to the energy mix.

There is also a larger idea behind the project. India’s energy transition will not be defined by renewable capacity alone. It will depend on how effectively that capacity can be developed, integrated and deployed to meet the needs of a growing economy. Ratul Puri Chairman has emphasised the importance of building reliable, efficient and sustainable generation capacity as India reshapes its energy mix. That places execution at the centre of the transition. With construction underway, the focus now turns to delivering the Lalitpur project on schedule and translating the investment into additional clean power capacity for Uttar Pradesh. The ₹1,135 crore financial closure comes as Hindustan Power continues to expand across renewable and transitional energy generation. The company is pursuing large-scale energy infrastructure projects designed to support India’s growing power requirements while contributing to its broader energy transition.

The impact of the Lalitpur project is expected to extend beyond the electricity it will generate. Its development is likely to support regional economic activity and create employment opportunities for local communities, bringing a wider economic dimension to the investment.

For Ratul Puri, the project forms part of a longer-term approach to building the energy infrastructure that India will need in the years ahead. As electricity consumption grows and the country moves towards a cleaner energy mix, the ability to develop projects at scale and execute them efficiently will become increasingly important. The Lalitpur project therefore represents more than 435 MWp of solar capacity. It is part of a much larger shift underway across India’s energy sector, where rising demand and the transition to cleaner power are increasingly becoming two sides of the same equation.

As work progresses, the project will add a sizable new source of renewable generation to Uttar Pradesh. For Hindustan Power, it also marks another step in building a broader renewable energy portfolio and participating in the evolution of India’s energy future.

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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PTI: https://www.ptinews.com/story/business/ratul-puri-on-the-changing-landscape-of-india%E2%80%99s-energy-future/4006434

The Tribune: https://www.tribuneindia.com/news/business/ratul-puri-on-the-changing-landscape-of-indias-energy-future/

Lokmat Times: https://www.lokmattimes.com/business/ratul-puri-on-the-changing-landscape-of-indias-energy-future/

News X World: https://world.newsx.com/bl-news/ratul-puri-on-the-changing-landscape-of-indias-energy-future-228130/

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.”

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The similar news is covered by:

Saur Energy:
https://www.saurenergy.com/solar-energy-news/up-hindustan-power-achieves-financial-closure-of-rs-1135-cr-for-its-435-mwp-solar-project-12398546

PV Magazine:
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Business Standard:
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Money Rediff:
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Solar Quarter:
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Daily Excelsior:
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Freepress Journal:
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Economic Times:
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DailyHunt:
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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.

This content is taken by:-

The Tribune - https://www.tribuneindia.com/news/business/ratul-puri-beyond-low-cost-power-to-clean-energy-reliability

The Wire - https://thewire.in/ptiprnews/ratul-puri-beyond-low-cost-power-to-clean-energy-reliability

The Daily Guardian-
https://thedailyguardian.com/business/ratul-puri-beyond-low-cost-power-to-clean-energy-reliability-747502/

PTI-
https://www.ptinews.com/press-release/ratul-puri-beyond-low-cost-power-to-clean-energy-reliability/3962023

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.

This content is taken by hindustantimes.com

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:

This content is taken by this source:

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.

This content is taken by this source:

https://energy.economictimes.indiatimes.com/news/renewable/ratul-puri-on-renewable-energy-the-next-phase-of-growth-will-be-reliable-power-delivery/132729823

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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

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The role of storage and infrastructure

*Strengthening grid readiness *

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Curtailment Highlights the Need for Stronger Energy Infrastructure

Transmission and Grid Flexibility Will Define the Next Stage

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