Hindustan Power

Hindustan Powerprojects Private Ltd. (HPPPL) is an electrical power developer in India, headquartered in New Delhi. Founded by Ratul Puri, it operates in power generation, power trading, EPC, and development and renewables across thermal, solar, hydro and mining vertical markets. The company holds assets of around ₹ 14,500 crore to date, and is the fastest growing integrated power company in India.

The company is headquartered in New Delhi, India. HPPPL plans to commission new power projects by the year 2020 in thermal, hydro and solar sectors. The company is at an advanced stage of commissioning over 5000 MW by 2017 of combined power assets at an estimated investment of INR 32,000 crores (US$5.15 bn).

Ratul Puri is the company Chairman. Awadh Bihari Giri is the CEO of the Hydro division; Birendra Kumar Sinha, President, Coal; Lajpat Shrivastav is the CEO of Thermal; Rajya Wardhan Ghei is the CEO of India Solar Business; Arun Kanchan is the CEO of New Business, and Dr. Harish Ahuja is the President for Strategy and Corporate Affairs.

Hindustan Powerprojects (HPPPL) recently announced to plan its Unit IPO. The company backed by Blackstone Group LP (BX), plans to sell shares in its solar unit as it prepares to double investment in photovoltaic projects to $50 billion by 2016. The unit has a pipeline of projects that will require $45 billion of investment within the next two years.