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Project: RE to shape future of power sector

Fiinews by Fiinews
June 25, 2026
in Projects
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Puri underlines the ability to deliver power reliably and efficiently

India’s power sector is undergoing a significant transformation as rising electricity demand from manufacturing, digital infrastructure, data centres and emerging industries coincide with the country’s expanding renewable energy ambitions. This evolving demand profile is increasing the importance of reliable power delivery, energy storage and grid flexibility across the sector.

According to Ratul Puri, Chairman of Hindustan Power, the future of the sector will be shaped not only by renewable energy generation but also by the ability to deliver power reliably and efficiently. As electricity demand continues to grow, storage, transmission infrastructure and grid resilience are becoming increasingly important components of India’s energy transition.

Building on Early Renewable Energy Projects

Hindustan Power has been contributing to India’s renewable energy sector since its early days. The company developed India’s first 5 MW solar power project in 2010 and Asia’s first 30 MW solar PV project in 2011, at a time when utility-scale solar was still emerging as a viable source of electricity generation.

“These projects demonstrated the growing potential of renewable energy and provided valuable insights into developing, financing and operating large-scale clean energy infrastructure. They also highlighted the importance of adapting to changing technologies, evolving customer requirements and increasingly complex power systems,” Puri said on 25 June.

This experience has helped shape the company’s current approach. Beyond renewable energy generation, the focus is increasingly on developing integrated energy systems that combine generation, storage, flexibility and reliability to support changing market requirements.

Opportunities in India’s Energy Transition

India’s energy transition presents significant opportunities as economic activities continue to expand and electricity demand rises across industries, manufacturing facilities and digital infrastructure.

According to Puri, the opportunity extends beyond renewable energy capacity additions. Energy developers are also contributing to energy security by supporting grid reliability, improving efficiency and helping build infrastructure capable of meeting future demand.

The growing requirement for clean and dependable electricity from sectors such as manufacturing, data centres and digital infrastructure is expected to create further opportunities for companies capable of delivering reliable energy solutions at scale.

Why Battery Energy Storage Is Becoming Important

Battery energy storage is becoming an increasingly important component of India’s power sector. As renewable energy capacity continues to expand, storage systems help balance electricity supply and demand while supporting greater grid stability and flexibility.

Battery storage also supports grid balancing, frequency management and peak-load optimisation, making it an increasingly important component of modern power systems as renewable energy penetration continues to rise.

Puri views storage as an important link between renewable energy generation and reliable power delivery. Battery systems can help reduce curtailment, manage peak demand and support the delivery of clean power when it is needed most.

Recognising this requirement, Hindustan Power has expanded its battery energy storage portfolio across multiple states. The company’s investments reflect its view that solar-plus-storage solutions will play an increasingly important role in delivering reliable and flexible clean energy while supporting long-term grid stability.

Balancing Reliability, Affordability and Sustainability

As India’s energy sector evolves, reliability, affordability and sustainability must advance together. Long-term success will depend on maintaining a balance between these priorities while ensuring that electricity remains accessible and dependable.

Meeting rising electricity demand requires a combination of renewable energy, storage technologies and supporting infrastructure that can provide reliable power while maintaining cost competitiveness.

This balanced approach is becoming increasingly important as India continues to expand its industrial base, strengthen energy security and support sustained economic growth.

The Role of Technology and Innovation

Technology continues to influence the way energy is generated, stored and delivered. Advancements in battery storage, solar-plus-storage solutions, digital asset management and operational optimisation systems are helping improve efficiency across the power sector.

According to Puri, the industry is steadily moving beyond standalone generation assets towards integrated energy systems capable of delivering cleaner, reliable and more flexible power.

Digital monitoring tools, predictive maintenance technologies and advanced operational systems are also helping improve the performance and reliability of energy infrastructure, supporting better utilisation of assets and improved operational efficiency.

As electricity demand continues to increase, these technologies are expected to play a larger role in supporting efficient and dependable power delivery.

Supporting India’s Growing Power Requirements

While renewable energy and storage are becoming increasingly important, dependable long-duration power supply remains essential for supporting industrial growth and rising electricity consumption.

Reflecting this requirement, Hindustan Power recently signed a 25-year Power Supply Agreement with MP Power Management Company for the supply of 800 MW from its upcoming Anuppur project. The agreement supports the long-term power requirements of Madhya Pradesh while contributing to energy security and economic development.

For Puri, projects of this nature demonstrate the importance of maintaining a balanced energy mix capable of supporting India’s growing electricity needs as the economy continues to expand.

The project also reflects the broader view that renewable energy growth, storage solutions and dependable power infrastructure must work together to support future demand.

India’s power sector is entering a new phase where renewable energy, battery storage and reliable power infrastructure will all play important roles. As electricity demand continues to rise, the focus is increasingly shifting towards solutions that combine sustainability, reliability and affordability.

Through investments across renewable energy, battery storage and large-scale power infrastructure, Hindustan Power continues to expand its presence across the sector. The company’s approach reflects the growing importance of integrated energy systems that can support India’s evolving power requirements.

For Puri, the focus remains on developing energy infrastructure that can support long-term economic growth while contributing to a more reliable, resilient and sustainable energy future.

Hindustan Power is an integrated power generation company with a presence across renewable and transitional energy assets. The company continues to invest in energy infrastructure that supports reliability, sustainability and long-term value creation within India’s evolving power sector. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
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