Ratul Puri

  India’s solar manufacturing sector is expected to experience major developments by 2030. As market needs evolve and solar technology continues to advance, the industry is likely to become more integrated, technology-focused, and competitive in global markets. One of the most significant developments is expected to be greater integration across the solar manufacturing value chain. India is likely to strengthen its capabilities in wafers, cells, and modules, helping create a more connected domestic manufacturing ecosystem. Companies operating across several stages of production may benefit from improved control over costs, quality, and technological development. The adoption of higher-efficiency solar technologies is also expected to gain importance. Manufacturers are likely to introduce advanced cell technologies and more efficient production methods to develop higher-performing solar modules. With global solar technology continuing to evolve, regular investment in upgrading man...

  As electricity demand continues to rise, Ratul Puri believes that integrated energy systems will play an increasingly important role in delivering reliable, affordable and sustainable power across India. India’s power sector is experiencing a major structural shift. Growing industrial activity, expanding digital infrastructure, rapid electrification and rising energy consumption are changing the country’s electricity demand landscape. Peak power demand has reached unprecedented levels and is expected to increase further as manufacturing, artificial intelligence, data centres and electric mobility become increasingly important contributors to economic growth. The scale of this transformation can already be seen in India’s electricity demand. According to the Ministry of Power, the country recorded an all-time peak electricity demand of 256.1 GW on 25 April 2026. This reflects the rapidly increasing scale of India’s power requirements and underlines the need for infrastructure ca...

  Artificial intelligence is transforming industries worldwide, influencing sectors ranging from healthcare and manufacturing to financial services and logistics. Its role in the energy sector could be equally transformative. While the rapid expansion of AI applications, data centres and digital infrastructure is expected to increase electricity consumption, AI can also help make power systems more efficient, reliable and responsive. According to Ratul Puri , Chairman of Hindustan Power, AI should be viewed not simply as a source of growing electricity demand, but also as a technology capable of improving how energy is generated, managed and delivered. The increasing use of AI is creating a greater requirement for dependable electricity. Data centres operate continuously and process massive amounts of information, while AI applications require uninterrupted and high-quality power. The International Energy Agency (IEA) estimates that data centres worldwide consumed approximately 415...

  India’s power sector is moving into an important stage of transformation. Renewable power generation is expanding at a rapid pace, even as electricity consumption continues to increase across manufacturing, industries, transportation, digital infrastructure and residential users. With solar and wind accounting for a growing portion of electricity generation, attention is now turning towards the infrastructure needed to move this power and ensure dependable supply. For Ratul Puri, Chairman of Hindustan Power , the expansion of renewable power forms an important part of India’s broader energy-security objectives. Adding clean generation capacity is essential, but its effectiveness depends equally on efficient transmission networks and the systems required to deliver electricity to end users. Renewable Expansion Is Opening New Possibilities India has considerably increased its solar and wind generation capabilities in recent years. Lower technology costs, competitive bidding and ris...

  For over a decade, Ratul Puri, Chairman of Hindustan Power has carried India's energy sector conversation onto one of the world's most influential stages - the World Economic Forum. As a Young Global Leader and an active WEF partner, Ratul Puri has used this platform not just to speak for his own company, but to represent the broader ambitions and constraints of Indian industry as it navigates a global energy transition that is being written in real time. Global forums like Davos can often feel distant from the on-ground realities of infrastructure building in emerging markets. But he has consistently used his seat at the table to bridge that gap - translating the practical, execution-level challenges of scaling clean energy in India into a language that resonates with global policymakers, investors, and industry peers. It is this ability to move fluently between boardroom detail and big-picture policy that has made Ratul Puri a recurring voice at WEF engagements over the y...