Ratul Puri Indian Industrialist and Chairman of Hindustan Power

Ratul Puri is an influential Indian industrialist and the current Chairman of Hindustan Powerprojects Pvt. Ltd., one of the country's most forward-thinking energy companies. With a deep-rooted passion for innovation, sustainability, and national development, Puri has emerged as a pioneering figure in India's power sector. His company focuses on creating clean, efficient, and future-ready energy infrastructure, especially in solar power, battery energy storage, thermal power, and rural electrification.

This comprehensive blog explores Ratul Puri’s life, achievements, leadership philosophy, and impact on India's growing need for clean and sustainable energy.

Ratul Puri was born into a family with deep entrepreneurial roots. He earned his degree in Computer Engineering and Business Systems from Carnegie Mellon University in the United States. His education provided him with a strong foundation in both technology and business—a combination that has played a crucial role in shaping his career trajectory.

With a global outlook and a desire to contribute to India’s development, Puri returned home with the aim to create infrastructure that would power millions of lives.

In 2008, Ratul Puri founded Hindustan Powerprojects Pvt. Ltd., initially known as Moser Baer Projects. The vision was ambitious: to address India's growing energy demands while embracing renewable energy solutions.

Unlike many businesses that treated sustainability as an afterthought, Puri made clean energy, innovation, and social impact core to the company’s DNA. Today, Hindustan Power stands as a significant player in the Indian power sector with:

• Over 600 MW of installed solar power capacity

• A growing presence in battery energy storage systems (BESS)

• Thermal projects that emphasize environmental compliance

• International partnerships in Europe, Bhutan, Nepal, and Africa

Ratul Puri’s leadership is grounded in a simple yet powerful mission: Power Progress, Sustain the Future.

Vision:

To be a global energy leader by driving innovation in clean energy, empowering communities, and building scalable infrastructure for tomorrow.

Mission:

• To deliver reliable, clean, and efficient energy solutions

• To empower rural India through decentralized power

• To invest in technologies that improve energy accessibility and efficiency

1. Scaling Solar Power Across India

Puri recognized early on that solar power would be a game-changer in India's renewable journey. Hindustan Power’s solar division has:

• Commissioned solar farms across Madhya Pradesh, Gujarat, Rajasthan, and Tamil Nadu

• Delivered rooftop solar installations for schools, hospitals, and industries

• Exported solar EPC services to Germany and Italy

These solar plants have collectively offset hundreds of thousands of tons of CO2 emissions and have brought electricity to underserved regions.

2. Leadership in Battery Energy Storage Systems (BESS)

In 2024, Hindustan Power received a Letter of Intent (LOI) for a 120 MWh Battery Energy Storage Project, marking a bold step toward a flexible, round-the-clock clean energy ecosystem.

The BESS initiative aims to:

• Stabilize India’s aging electricity grid

• Enable 24x7 solar and wind energy utilization

• Support electric vehicle charging infrastructure

3. Thermal Power with Environmental Accountability

While continuing to operate thermal projects, Ratul Puri ensures they are in line with environmental standards. Plants are equipped with:

• Flue Gas Desulfurization units

• Low NOx burners

• Real-time emission monitoring systems

This balanced approach reflects his realistic and responsible energy policy.

4. Green Infrastructure in Rural India

Puri’s microgrid and rural electrification initiatives have powered over 100+ villages, offering:

• Solar-powered water pumps for agriculture

• Battery-powered schools and medical centers

• Women-led micro-entrepreneurship models

Ratul Puri believes that the true measure of an industrialist lies not in wealth creation alone, but in building institutions that uplift lives.

His Core Principles:

• Innovation as a driver of change

• Sustainability as a long-term business model

• People-first approach

• Balancing profitability with purpose

He often states, _"You don't just build power plants; you build the foundation for growth, dignity, and progress."

Ratul Puri’s contributions have been widely acknowledged:

• Young Global Leader, World Economic Forum

• Infrastructure Leader of the Year, CNBC-TV18 Awards

• Clean Energy Leadership Award, ASSOCHAM

• Business Transformation Leader, India Energy Week

• Featured in Forbes India, Economic Times, and CNBC as a change-maker

These awards reinforce his reputation as a visionary entrepreneur and policy influencer.

Puri’s global vision is evident through Hindustan Power’s projects and collaborations:

• Solar EPC in Europe

• Hydro power in Nepal and Bhutan

• Microgrid consulting in Africa

• Policy dialogues with the World Economic Forum, G20, and IEA

He’s also a frequent speaker at:

• India Energy Week

• World Economic Forum (Davos)

• G20 Infrastructure Roundtable

Jobs Created:

• 5,000+ direct jobs across operations

• 12,000+ indirect jobs via vendors, EPC partners, and logistics

• 3,000+ solar technicians and battery storage experts trained

Social Projects:

• Solar panels for tribal schools

• Solar-powered mobile health clinics

• Clean cooking solutions for rural women

• Skill development centers focused on renewable energy

No industrial journey is without challenges. Ratul Puri has faced:

• Regulatory uncertainties in energy tariffs

• Delays in power purchase agreements (PPAs)

• Infrastructure bottlenecks and land acquisition issues

However, his data-driven decision-making, transparent governance, and long-term partnerships have helped him navigate these complexities successfully.

He continues to shape energy policy and industrial discourse through:

• Op-eds in financial publications

• Panel discussions on clean tech

• Collaborations with think tanks and academia

His messages revolve around:

• Making renewable energy financially viable

• Building energy equity for underserved communities

• Creating jobs through green entrepreneurship

“Ratul Puri is not just leading a company—he’s building the blueprint for India’s energy future.” – Energy Editor, Economic Times

“His work in battery storage could be what gives India its edge globally.” – CEO, India Energy Storage Alliance

“Few industrialists show the kind of social and environmental foresight that Puri does.” – Managing Director, CII Green Council

Q1. Who is Ratul Puri?

Ratul Puri is an Indian industrialist and Chairman of Hindustan Power. He is known for his contributions to clean energy, battery storage, and sustainable infrastructure in India.

Q2. What does Hindustan Power do?

Hindustan Power, under Ratul Puri’s leadership, develops solar, thermal, and battery energy storage projects in India and abroad. It also works in rural electrification and green urban infrastructure.

Q3. What are Ratul Puri’s educational qualifications?

Ratul Puri holds a degree in Computer Engineering and Business Systems from Carnegie Mellon University in the United States.

Q4. Has Ratul Puri received any awards?

Yes. He has received several awards including Young Global Leader by the World Economic Forum and Infrastructure Leader of the Year by CNBC.

Q5. Is Hindustan Power involved in battery energy storage?

Yes. In 2024, the company was awarded a 120 MWh Battery Energy Storage Project, making it one of India’s key players in the sector.

Q6. How is Ratul Puri contributing to rural India?

He has led the development of over 100 solar microgrids and electrification projects that support education, health, and entrepreneurship in rural areas.

Q7. How can I learn more about Ratul Puri’s work?

Follow Ratul Puri’s official profiles, read about Hindustan Power, and track updates through trusted sources like ET EnergyWorld, Mint, and Business Standard.

Ratul Puri is not just another name in India’s list of business leaders. He is an industrialist with vision, compassion, and responsibility. As Chairman of Hindustan Power, his mission is not merely to generate energy but to fuel India’s inclusive and sustainable development.

In an age where infrastructure needs to be clean, smart, and people-centric, Ratul Puri’s model offers the perfect blend of innovation, execution, and empathy.

From boardrooms to rural villages, solar grids to battery banks, his influence is visible across the length and breadth of the country. And as India looks toward its centenary independence in 2047, the leadership of individuals like Ratul Puri will be central to building the New India we all aspire to.