Atul puri

Mr. Ratul Puri

Mr. Ratul Puri is the Chairman of the Board of Directors of Hindustan Power Private Limited (Hindustan Power). His vision and understanding of the Indian energy sector has enabled the organization to emerge as one of the leading integrated power players in the country. During the last five years, under his guidance the company has partnered with best in class investors to be a part of its growth story. Today in a short period, the company has assets to the tune of USD $2 billion which is a standout achievement for any organization in the country.

“Renewable energy is a vital component of India’s energy mix India – not only because it is clean, but also because it contributes to the state’s and India’s energy security.”

Ratul Puri

“Our 31.5 MW solar power project has been commissioned at an investment of Rs 202 crores and will generate 50 million units of clean energy annually.”

Ratul Puri

“Over the last few years, we have built over 2000MW of generation capacity with an investment of 16,000 crores.”

“Our goal is to build 6 GW by 2020 at an investment of around 36,000 crores.”

“I am happy to inform you that we have begun to construct a 50 MW solar project in Mansa, with an investment Rs 300 crores, which we hope to commission within the current year.”

Ratul Puri

“India is set to contribute more than any other country to the projected rise in global energy demand, around one-quarter of the total.”

Ratul Puri

“For which, India requires an investment of US$2.8 trillion in energy infrastructure – 2/3 of it into the energy value chain and the balance into energy efficiency.”

Ratul Puri

“With an installed capacity of 44 GW of renewable (8 solar and 36 wind and others) and a target of 175 GW by 2022, India presents of the largest investments opportunities in the renewable space.”

Ratul Puri

“Our 31.5 Mw plant can meet the energy needs of 24,000 households per year.”

Ratul Puri

“Leasing of land for solar projects promotes an entrepreneurial spirit amongst farmers. This will also mean that the land will return to active farming post the life of the project.”

Ratul Puri

“We are one of the largest energy developers in the country, operating across both conventional & renewable energy sectors.”

Ratul Puri

“India needs reliable power not only for its growing population but also for ~ 200 million people who do not have access to basic power at all. By doing this, India will not only increase its per capita power consumption but also continue 7.5% GDP growth. There is an urgent need to speed up reforms in the power distribution sector which currently is crippled on account of staggering financial losses because of which they are unable to pay the cost of purchasing electricity.”

Ravi Arya

Industry sceptical about proposed 5 ultra mega power plants

New Delhi, March 10 (IANS) At a time when the successful coal auctions bring hope for India's power sector and the 2015-16 Budget proposes five new ultra mega power projects (UMPPs), the industry itself doubts whether sector constraints would allow these projects to make the grid. Finance Minister Arun Jaitley has in the budget for the next fiscal proposed setting up five new ultra mega power projects (UMPPs), each of 4,000 MWs, in the "plug-and-play mode", with all clearances and linkages ready before the project is awarded by auction. This will unlock investments to...
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Industry sceptical about proposed 5 ultra mega power plants

At a time when the successful coal auctions bring hope for India's power sector and the 2015-16 Budget proposes five new ultra mega power projects (UMPPs), the industry itself doubts whether sector constraints would allow these projects to make the grid. Finance Minister Arun Jaitley has in the budget for the next fiscal proposed setting up five new ultra mega power projects (UMPPs), each of 4,000 MWs, in the "plug-and-play mode", with all clearances and linkages ready before the project is awarded by auction. This will unlock investments to the extent of Rs.100,000 c...
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Industry Speak : “Investing in RE can revive economy”

Industry leaders are buoyant about the future of India’s solar power sector despite the recent slowdown due to the sluggish economy and delay in allocation of project under Phase-II of the Jawaharlal Nehru National Solar Mission (JNNSM). Ratul Puri, Chairman of Hindustan Power Projects Ltd, speaks to Richa Kapoor about the prevailing energy scenario and the role solar energy and other forms of renewable energy will play in providing complete electrification by the end of the 12th plan Q: The total solar energy potential in India is huge and this may contribute signific...
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What will be the fate of Jawaharlal Nehru National Solar Mission

With a view to push solar energy, the Government of India announced the ambitious Jawaharlal Nehru National Solar Mission (JNNSM) bundling scheme - blending of the solar energy along with the unallocated thermal energy in 2:1 ratio. The idea of bundling scheme was aimed with a view to promote consumption of solar energy, however, this scheme is yet to kick off for many reasons. The states now has become circumspect about the bundling scheme because of various reasons, the most important being its cost. Today thermal energy cost is Rs. 3.5-3.6 per unit while solar is cost...
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The government aims to boost solar power capacity 30 times in seven years. Is the target realistic?

Just two years ago, few outside Gujarat's Patan district had heard of the tiny village of Charanka. It is home to the tribal Ahir community at the eastern end of the great Kuchchh desert. Acres of wasteland owned by the community grows little except the occasional wild bushes. But in 2013, it found itself under the spotlight when the then chief minister Narendra Modi inaugurated the one-of-its-kind solar park there. Twenty-three small and big players came together to set up the 345 megawatt (MW) solar park (being expanded by another 300 MW). That made it capture 10 per c...
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Focus on research and innovation in renewable space: Modi

Prime Minister Narendra Modi called for focus on research and innovation in the renewable energy sector rather than simply adding more capacity. “Solar power costs of have come down over the years and is closing in towards grid parity with thermal power. This has been possible due to the research and development that has taken place in the field. It will be R&D that will bring down prices further,” said Modi, addressing the inaugural session of Re-Invest 2015, the global investor meet for the renewable energy sector organised by the Ministry of New and Renewable ...
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Economic Survey pegging GDP growth at 5.4-5.9% is a practical number, possible if the slew of announced initiatives is implemented

The Economic Survey accurately captures the logjam by stating “What is particularly worrisome is the slowdown in manufacturing growth that averaged 0.2 per cent per annum in 2012-13 and 2013-14.” and an overall cost overrun of INR 1,57,802 crore (21.3 per cent of the original cost) of 239 projects due to regulatory approvals, problems in land acquisition and rehabilitation, and environmental clearances . However to achieve a growth between 5.4%-5.9% in 2014-15, the Government needs to bring sharp short term fiscal relief and focus on the finance availability and impl...
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Exempt power producers from payment of MAT

The current Government has to enact a fine balancing act in order to manage the Revenue gap, deal with Subsidies valued around Rs. 2,46,000 crore, restarting the GDP growth and more importantly providing uninterrupted 24X7 power supply to the country.   The fiscal deficit of about Rs 2,408.37 billion ($40.05 billion), or 45.6% of the full-year target, almost 5% GDP along with subsidies are the critical aspects that hinder the private investment, which are very essential for the revival of the economy. Hence the Government needs to address these in the upcoming bu...
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modi

Strong Mandate will give us a Powerful nation

This election witnessed Mr Narendra Modi repeat a Rajiv Gandhi's 1984 feat by acquiring a clear majority. Mr. Ratul Puri Chairman of Hindustan Power Private Ltd predicts an implementation of the highly praised Gujarat model. With no tantrum display from alliance parties Mr Modi is expected to go all guns blazing on implementing a blueprint seen in development of China. The new government could follow China's trend of primary focus on Infrastructure, manufacturing and service bagging the second and third places in the list. So Mr. Puri feels India will witness a positive...
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hppl

Indians keen on electricity, not so much on gold

Akshaya Tritiya witnessed a sharp decline in Gold sales this year. The festival which serves as a traditional excuse by the hugely gold fanatic Indian population to stack up gold was hugely affected by economic uncertainty this time, see report. There was a steep fall of almost 15% in demand for gold with smaller jewellers and a notable is a 95% decline in trading of gold exchange- traded funds. In numbers, while on the same date previous year investors made their wallets Rs 1,306 crores lighter, this year it stood at a mere Rs 71.27 crores. The equation seems to be disturb...
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