In a world racing to reduce carbon emissions, one name in India stands out as a pioneer of sustainable transformation: Ratul Puri. As the Chairman of Hindustan Power, Puri has built a legacy rooted in innovation, clean energy, and forward-thinking infrastructure. He is widely recognized not only for driving Hindustan Power Projects into the limelight but also for being a relentless advocate for renewable energy and sustainable development.
In this article, we explore Ratul Puri's biography, his contributions to India’s power sector, and how his bold leadership is setting benchmarks in the green energy space.
Ratul Puri, an alumnus of Carnegie Mellon University, began his professional journey with a strong academic foundation in engineering and computer science. But it was his passion for creating real-world impact that drew him to the energy sector.
Initially associated with Moser Baer, Ratul made a name for himself in India’s business community before founding Hindustan PowerProjects Pvt. Ltd., which focuses on renewable and thermal energy. Under his stewardship, the company has developed projects across solar, thermal, and hydroelectric domains.
Founded with the vision of "Powering the Nation Responsibly," Hindustan Power has consistently focused on scalability, environmental stewardship, and delivering clean energy solutions.
"Clean energy isn’t just a business opportunity; it’s a responsibility to future generations." — Ratul Puri
As Chairman of Hindustan PowerProjects, Puri has taken the company from an ambitious startup to a multi-billion-dollar energy conglomerate with operational and under-construction capacities across the country.
India’s goal to achieve 500 GW of renewable energy by 2030 aligns perfectly with Ratul Puri’s solar power vision. Hindustan Power has already developed over 1,000 MW of solar power capacity, making it one of India’s largest solar developers.
Ratul Puri solar power strategy includes:
Utilizing high-efficiency solar modules
Investing in solar parks in Madhya Pradesh and Gujarat
Exporting solar modules to Europe
Puri has been vocal in public forums about India’s energy security, emphasizing the need to reduce dependency on fossil fuels. His speeches often highlight the environmental and economic benefits of switching to renewable energy.
As a green energy entrepreneur, Puri champions ESG (Environmental, Social, Governance) principles within Hindustan Power. The company’s projects are developed with an emphasis on community development, ecological balance, and ethical governance.
Tree plantation drives in project areas
Women empowerment programs through solar microgrids
Reduced water usage in thermal plants
While committed to renewables, Puri acknowledges the transitional role of thermal power. Hindustan Power operates one of India's most efficient thermal plants in Anuppur, Madhya Pradesh, balancing energy demands with minimal environmental impact.
Puri has positioned Hindustan Power Private Limited as a global energy player by exporting clean energy technology to Europe and Southeast Asia.
Collaborations with German and Italian energy firms
Export of 200 MW+ solar modules annually
150 MW capacity
Spread over 750 acres
Supplies clean energy to 2 lakh households annually
Employment for over 1,000 local workers
School electrification in rural areas
This project stands as a testament to Ratul Puri’s commitment to combining economic, environmental, and social goals.
Ernst & Young Entrepreneur of the Year (Energy)
Young Global Leader by World Economic Forum
Featured in Fortune India’s "40 under 40"
These accolades reflect his standing as a leading Indian energy entrepreneur.
Rapid renewable energy expansion
ESG-driven development model
Employment generation in rural areas
Scalable infrastructure projects
High capital requirements for initial setup
Regulatory hurdles in clean energy approvals
Intermittency issues with solar energy
Despite these challenges, Puri’s model offers more long-term advantages than drawbacks.
No. While solar is a core focus, Hindustan Power also invests in thermal and hydroelectric projects.
His combination of technical expertise, visionary leadership, and sustainability focus makes him a unique figure in the power sector.
Through large-scale solar parks, low-emission thermal plants, and consistent public advocacy for clean energy policies.
Puri aims to triple Hindustan Power’s renewable capacity by 2030, aligning with India’s climate goals and global green benchmarks.
Achieve 5,000 MW clean energy capacity
Expand energy exports to Africa and Southeast Asia
Integrate battery storage and green hydrogen technologies
These goals position him as India’s green energy architect in every sense.
Ratul Puri’s journey from a tech-savvy entrepreneur to a sustainable energy leader shows what vision, courage, and commitment can achieve. As Chairman of Hindustan Power, he’s not just building power plants—he’s empowering the nation with sustainable solutions.
Through solar initiatives, ESG leadership, and a clear roadmap for the future, Ratul Puri stands as a symbol of India’s green transformation. His leadership offers valuable lessons for entrepreneurs, policymakers, and citizens committed to a cleaner planet.