Hindustan Power, led by Chairman Ratul Puri, has announced a plan to build a 5 GW energy portfolio by 2028. The roadmap marks a major step in the company’s expansion strategy and aligns with India’s broader renewable energy transition.
Addressing stakeholders and industry participants, Puri presented a structured growth strategy centered on scaling renewable energy assets, mainly solar power, along with expanding energy storage capacity. The company aims to strengthen its position as an integrated energy player by combining new capacity additions with financial discipline and efficient project execution.
Strategy Based on Solar and Storage Integration
According to company statements, the 5 GW target will be achieved through a combination of greenfield developments, strategic partnerships, and project acquisitions. Solar energy will remain the primary focus within the development pipeline.
At the same time, Hindustan Power is prioritizing energy storage solutions to improve grid stability and manage the variability of renewable power generation. The company said that integrating storage systems will help enhance dispatchability and overall operational reliability.
Sources indicate that the company has already secured nearly 1 GW of solar projects and approximately 750 MWh of battery energy storage systems. These initial developments are expected to support investor confidence and create momentum for further expansion.
Emphasis on Execution and Financial Discipline
Industry analysts note that Hindustan Power’s approach reflects a broader market trend where developers are combining renewable generation with storage to improve project viability and align with India’s clean energy goals.
Ratul Puri, Chairman, Hindustan Power stated that reaching the 5 GW milestone will require “disciplined execution, strong financing strategies, and technological integration to ensure long-term asset performance.”
With India accelerating its renewable energy capacity and policy support continuing to strengthen, Hindustan Power’s 2028 roadmap is likely to draw close attention from investors and competitors as the company works to expand its role in the country’s energy transition.
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