E-Paper
Ratul Puri strengthens Hindustan Power’s renewable push with 425MWp UPPCL win
Hindustan Power secures a 425MWp solar project from UPPCL, part of a 2,000MWac initiative. The project, aimed for commissioning within 24 months.
Ratul Puri’s Hindustan Power secures 425MWp solar project from UPPCL, contributing to the state's 2,000MWac solar procurement initiative. The project aligns with Hindustan Power's goal of developing a 5GW renewable energy portfolio by 2028.
The Letter of Award (LoA) was issued by UPPCL following a transparent and competitive e-Reverse Auction. The project will be supplying power to UPPCL with a delivery point at STU – UP substation.
As per the Power Purchase Agreement (PPA), UPPCL will procure power from this solar project for a fixed tariff over a 25-year period. The project is expected to achieve commissioning within 24 months from the date of signing the PPA.
Mr. Ratul Puri, Chairman, Hindustan Power, commented on this milestone: “This win reaffirms our commitment to advancing India’s clean energy goals while staying on course to achieving our 5GW renewable energy target by 2028. We are proud to contribute to Uttar Pradesh’s growing demand for sustainable energy solutions and look forward to delivering yet another world-class solar project.”
Hindustan Power has been a pioneer in India’s renewable energy sector. This new 425MWp solar project further strengthens the company’s presence in the rapidly expanding solar energy market, contributing to the nation’s transition towards a greener future.
About Ratul Puri:
Ratul Puri is the Chairman of Hindustan Power, which has pioneered large-scale solar plants in India and advocates for sustainable energy use. His company commissioned India’s first solar power plant of 5 MW capacity and Asia’s first solar power plant of 30 MW under his dynamic and visionary leadership. Puri has been a prominent voice in global discussions on climate resilience, leading several key conversations at the World Economic Forum.
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