TAG: "Ratul Puri"

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Hindustan Power Bags 100 MW Solar Power Project from Punjab State Power Corporation

Hindustan Power has secured a 100 MW AC solar power project from Punjab State Power Corporation through a tariff-based competitive bidding process. The company will sign a 25-year PPA with PSPCL, and the project is expected to be commissioned within 24 months from the effective date of the PPA.

Ratul Puri | April 23, 2026 | By Mrinmoy Dey | 190

Hindustan Power Unit Wins LoI for Platinum Exploration Block in Madhya Pradesh

The LoI follows a forward e-auction conducted by the Ministry of Mines, where Hindustan Power’s unit emerged as the preferred bidder.

Ratul Puri | March 24, 2026 | By Abha Rustagi | 627

MNRE Extends ALMM to Solar Wafers and Ingots, to be Effective from June 1, 2028

Ministry of New and Renewable Energy has expanded its ALMM framework to include ingots and wafers under a new List-III, mandating their use from June 1, 2028. The first list will be published when at least three independent wafer manufacturers with a combined 15 GW capacity are enlisted, and the cut-off date will be 7 days post the initial list issuance

Ratul Puri | March 18, 2026 | By Mrinmoy Dey | 1543

Hindustan Power Secures Nearly 1 GW Solar and 750 MWh Storage Projects in 2025

Hindustan Power has secured nearly 1 GW of solar capacity and 750 MWh of energy storage projects awarded in 2025, advancing its renewable expansion under the leadership of Ratul Puri and supporting the company’s goal of building a 5 GW energy portfolio by 2028.

Ratul Puri | December 30, 2025 | By News Bureau | 1478

Hindustan Power Secures Solar Plus BESS Project with 150 MW Contracting Capacity from SECI

Hindustan Power has secured 150 MW capacity at Solar Energy Corporation of India’s (SECI) auction to develop solar plus storage project. The company will install 300 MWp of solar capacity and 300 MWh of Battery Energy Storage Systems (BESS).

Ratul Puri | November 26, 2025 | By Mrinmoy Dey | 1275

Government Slashes GST on Renewable Energy Devices from 12 Percent to 5 Percent

The GST Council has reduced the Goods and Services Tax (GST) on renewable energy devices and related parts from 12 percent to 5 percent, effective September 22, 2025, as part of its broader tax rationalisation reforms. It has also reduced GST on non-lithium-ion batteries to 18 percent from 28 percent.

Ratul Puri | September 04, 2025 | By Mrinmoy Dey | 21693

Hindustan Power Awarded LoI for 120 MWh BESS Projects in Bihar

Hindustan Power has received a Letter of Intent from Bihar State Power Generation Company Ltd. to develop 120 MWh Standalone Battery Energy Storage Systems across three substations - Bhagalpur (40 MWh), Udakishanganj (40 MWh) and Sitamarhi (40 MWh).

Ratul Puri | June 20, 2025 | By Mrinmoy Dey | 1198

RBI’s 50 bps Repo Rate Cut Fuels Energy Optimism Amid Easing Inflation Outlook

The twin developments, rate cut and neutral stance are being widely interpreted as a calculated push to stimulate credit demand and energise core sectors, particularly renewable energy.

Ratul Puri | June 06, 2025 | By Abha Rustagi | 1259

Hindustan Power Wins 425MWp Solar Project from UPPCL

Hindustan Power has been awarded a 425 MWp solar power project by Uttar Pradesh Power Corporation Limited (UPPCL) as part of its 2,000MWac grid-connected solar PV power procurement initiative through a tariff-based competitive bidding process.

Ratul Puri | April 03, 2025 | By News Bureau | 1760

Hindustan Power to Develop 5 GW Energy Portfolio Over Next Three Years

Ratul Puri, Chairman of Hindustan Power shared his ambitious vision to achieve a 5 GW energy portfolio over the next three years. This growth strategy emphasizes renewable and transitional energy, reflecting the company’s commitment to sustainability and innovation in the evolving energy landscape.

Ratul Puri | February 14, 2025 | By News Bureau | 1635