Ratul Puri Board Chair at Hindustan Power Sets New Sustainability Goals

As India accelerates its journey toward a sustainable and self-reliant energy future, corporate leaders are stepping up with bold, transformative initiatives. One such leader is Ratul Puri, the Board Chair of Hindustan Powerprojects Pvt. Ltd., whose innovative vision is shaping the renewable energy sector. Under his strategic guidance, Hindustan Power is realigning its long-term mission to embrace and accelerate sustainable growth across India and beyond.

In this blog, we explore how Ratul Puri is reshaping the company’s sustainability agenda, the impact of his vision on the ground, and how Hindustan Power is aligning itself with India’s and the world’s evolving clean energy mandates.

Who is Ratul Puri?

Ratul Puri is a well-known Indian entrepreneur and infrastructure leader. As the Board Chair of Hindustan Power, he has been instrumental in steering the company toward large-scale investments in solar energy, battery storage systems, and environmentally friendly power generation technologies.

Educated at Carnegie Mellon University, Puri brings technical depth, global business awareness, and a strong commitment to building resilient and inclusive energy solutions. He has long believed that economic growth and environmental responsibility can go hand in hand.

Achievements at a Glance:

• Spearheaded over 1,000 MW of renewable energy capacity
• Pioneered India’s first 5 MW solar power plant
• Developed Asia’s first 30 MW solar power project
• Strengthened Hindustan Power’s global footprint in Europe, North America, and Asia

Hindustan Power's Sustainability Strategy Under Puri

1. Renewable Energy Expansion

Ratul Puri has declared a 5 GW renewable energy portfolio goal for Hindustan Power by 2026. This expansion plan includes:

• Grid-scale solar parks across Indian states
• International projects in collaboration with local governments
• New ventures into wind, hybrid systems, and energy storage

By strategically bidding for long-term solar projects and innovating in battery storage technology, Hindustan Power is creating a more balanced and reliable renewable supply.

2. Investment in Clean Technologies

Under Puri’s leadership, the company has committed to over Rs 620 crore in clean energy investments, including:

• A 100 MW solar plant in Assam
• A 100 MW battery storage system

These initiatives not only advance sustainability but also offer energy reliability for industrial and residential users alike.

3. Emphasis on Climate Resilience

Recognizing the impacts of climate change, Puri is integrating climate resilience into project planning. From weather-resistant solar modules to flood-mitigated battery systems, Hindustan Power is future-proofing its infrastructure against climate extremes.

Setting New Sustainability Goals

Goal 1: Achieving a 5 GW Clean Energy Portfolio

Hindustan Power aims to achieve 5 GW of renewable capacity through:

• Greenfield solar developments
• Rooftop and distributed solar
• Cross-border renewable ventures

This goal aligns with India’s target of 500 GW of non-fossil fuel capacity by 2030.

Goal 2: Net-Zero Carbon Operations

Puri has expressed his ambition to make Hindustan Power a net-zero carbon emitter by 2040. The roadmap includes:

• Reducing emissions from thermal operations
• Integrating green hydrogen pilots
• Leveraging carbon credit markets

Goal 3: Community-Centered Development

Under Puri’s direction, every project must deliver value to local communities. Sustainability goes beyond the environment—it includes:

• Local job creation
• Rural electrification
• Clean water access

More than 5,000 man-days of employment have been created through Hindustan Power’s recent projects.

Major Projects Driving Change

Assam MoU: A Turning Point

In 2024, Hindustan Power signed an MoU with the Government of Assam for a Rs 620 crore investment:

• 100 MW solar plant
• 100 MW battery energy storage
• Creation of 5,000+ man-days of jobs

This project sets a new benchmark for public-private collaboration in India’s Northeast region.

425 MWp UPPCL Win

The company also secured a 425 MWp project from the Uttar Pradesh Power Corporation Limited (UPPCL). This aligns with the state’s solar expansion goals and contributes significantly to grid stability.

Global Expansion and Best Practices

A Global Perspective

Hindustan Power’s sustainability strategy benefits from its international experience in:

• Germany and Italy (solar infrastructure)
• United States (project finance)
• Japan (high-efficiency solar modules)

This global reach allows for adoption of best practices, ranging from technical innovations to financing models.

Technology Integration

Ratul Puri has pushed for digital transformation through:

• AI-powered monitoring systems
• Smart inverters
• Real-time performance analytics

These innovations ensure high yield and low downtime for solar assets.

Puri’s Influence in Global Sustainability Forums

Ratul Puri is not just a national leader but a global advocate for climate-conscious infrastructure. He has represented India at:

• World Economic Forum (WEF)
• International Solar Alliance (ISA) events
• Bilateral climate dialogues

He consistently promotes the idea that sustainability is an economic opportunity, not just an environmental obligation.

Hindustan Power's CSR and ESG Approach

Corporate Social Responsibility (CSR)

Hindustan Power has a strong CSR track record:

• Funded rural education and solar lighting initiatives
• Supported women-led micro-enterprises
• Provided technical training to local youth

Environmental, Social, and Governance (ESG) Focus

The company is aligning with global ESG standards, ensuring:

• Environmental stewardship
• Fair labor practices
• Transparent governance

Puri’s leadership ensures that ESG is not a checkbox—it’s a core business value.

Pros and Cons of Hindustan Power’s Sustainability Drive

Pros:

• Aligned with National & Global Climate Goals
• Strong Job Creation & Community Benefits
• Technology-Driven & Scalable Projects

Cons:

• High Capital Requirements
• Policy Volatility in State-Level Power Markets
• Infrastructure & Grid Bottlenecks in Remote Areas

FAQs

Q1. What is Ratul Puri's role at Hindustan Power?

Ratul Puri serves as the Board Chair and leads the company’s sustainability and innovation agenda.

Q2. What are Hindustan Power’s current sustainability goals?

• Achieve 5 GW renewable capacity
• Reach net-zero operations by 2040
• Support community-centered development

Q3. How does the company ensure project quality?

Through technology integration, international partnerships, and adherence to ESG standards.

Q4. Where does Hindustan Power operate?

The company has a presence across India, Europe, North America, and Asia.

Conclusion

Ratul Puri’s leadership as Board Chair of Hindustan Power marks a defining chapter in India’s clean energy journey. Through bold investments, global collaboration, and unwavering commitment to sustainability, Puri is not only reshaping Hindustan Power but contributing to a greener, more inclusive future.

With a clear roadmap toward 5 GW renewable capacity, net-zero targets, and social empowerment, Hindustan Power exemplifies what the next generation of energy companies should look like. And at the center of this transformation is Ratul Puri—a visionary leader whose legacy is being built one sustainable megawatt at a time.