New Delhi: One of India’s leading integrated power companies, Hindustan Power, is planning to achieve a 5 GW energy portfolio over the next three years, according to Ratul Puri, the company's Chairman.
Hindustan Power's Chairman Puri shared his ambitious vision on Wednesday. This expansion strategy focuses on renewable and transitional energy and further highlights the company’s dedication to sustainability and innovation in the evolving energy sector.
Hindustan Power targets 5 GW expansion
The expansion plan aligns with the nation's goal of achieving 500 GW of non-fossil fuel capacity by 2030. It reinforces the company's role as a key contributor to India's clean energy transition. Hindustan Power aims to leverage cutting-edge technology and drive impactful growth in renewable and transitional energy generation while creating a balanced portfolio.
"The global energy sector is undergoing a transformational shift, and India stands at the forefront of this change. Hindustan Power is dedicated to advancing sustainable energy solutions while ensuring energy security and economic growth. Our vision of achieving a 5 GW portfolio is proof of our commitment to building a cleaner and more resilient energy future," Puri said, further sharing his vision, as per a PTI report.
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Moreover, Hindustan Power brings extensive expertise in both domestic and international markets. The company has also successfully executed projects outside India -such as in Germany, Italy, Japan, the UK, and the US. India's energy goal has created a fertile environment for public-private partnerships in the energy sector, and Hindustan Power’s strategic expansion plan highlights the critical role of the private sector in supporting national climate goals and fostering sustainable economic growth.
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