Hindustan Powerprojects Private Ltd. (HPPPL), formerly known as

Moser Baer Moser Baer was an Indian multinational manufacturer of optical discs, storage devices, CDs, DVDs, based in New Delhi. The company was present in over 100 countries, serviced through 15 marketing offices and representatives, and had tie-ups ...

Projects Pvt Ltd, is an electrical power developer in

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

, started by

Ratul Puri Ratul Puri is the Chairman of the Board of Directors of Hindustan Powerprojects. Biography Ratul is an alumnus of Carnegie Mellon University, the Pittsburgh-based global research university with a bachelor's degree in computer engineering, ...

. It operates in power generation, power trading, EPC, and development and renewables across thermal, solar, hydro and

mining Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic via ...

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 New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...

. HPPPL plans to commission new power projects by the year 2020 in thermal,

hydro Hydro from Ancient Greek word ὕδωρ (húdōr), meaning ''water''. Hydro may also refer to: Energy technologies * Water-derived power or energy: ** Hydropower, derived from water ** Hydroelectricity, in electrical form * "Hydro", AC mains ...

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).

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.

Divisions and operations

Hindustan Cleanenergy (Solar business) was incorporated in September 2008 to undertake development of solar projects in India and abroad to deliver clean energy. It is India's largest solar power development company, with solar projects under development across multiple states in India and strategic international markets like Germany, Italy, Japan, United States and United Kingdom. The solar arm of HPPPL was responsible for India's first 5 MW solar farm along with Asia's first 30 MW farm. Hindustan Cleanenergy is the largest solar farm developer in India with an installed capacity of ~ 350 MW generating carbon savings of approximately 500000 tonnes per year. The international solar business has an installed solar capacity of over 120 MW across locations like Germany, Italy, UK and US. The company is working towards launching the country's first 1 GW solar plant by the end of 2016 by launching IPO in end 2014 or early 2015. Hindustan Electricpower (Hydro business) undertakes development of hydropower projects towards building a low carbon economy and meeting the need for environmental management. Currently, the company is exploring options of setting up hydropower projects in North, North-east India and

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...

. On-going projects include undertakings on Chenab River and its tributaries Lahaul and Spiti in Himachal Pradesh with a combined generation capacity of about 560 MW, along with two projects in Sikkim aggregating to 65 MW. Hindustan Thermalprojects (Thermal business) division of HPPPL was incorporated in 2008 with the aim of foraying into infrastructure and thermal power. Operations include coal or gas based generation, transmission and distribution. The company aims to build a thermal generation portfolio of 5000-6000 MW by 2020. Current projects include three ventures in Madhya Pradesh and Chhattisgarh, with a combined generation capacity of around 5000 MW. The company's 2520 MW thermal power project at Anuppur, Madhya Pradesh is slated for commission in 2014. Hindustan Thermalprojects, the thermal business of Hindustan Powerprojects (HPPPL) won the National Safety Council (NSCI) award towards implementing effective occupational safety and health practices in its Anuppur unit in Madhya Pradesh. This is the second time in row for this plant. Natural Resources (Mining business) began its operations in 2008 for building coal assets in India and abroad to support the company's coal-based thermal segment and become a prominent coal supplier to contribute to HPPPL's organic growth. It also provides consultancy services to the mineral industry in form of planning, operation optimization and value addition. The division's first mining project resulted in form of a joint venture with Chhattisgarh Mineral Development Corporation Limited, a Government of Chhattisgarh undertaking, as a partner for development of a commercial coal block.

References

External links

Ratul Puri's Official Blog (Chairman of Hindustan Power)Hindustan Clean Energy plans IPO by 2014-15 end
""The Hindu Business Line"" 9 June 2014

""Bloomberg News"" 13 May 2014

''Business Today'' 8 May 2014
Hindustan Power bags NSCI award second time in row
''The Times of India'' 6 May 2014
Hindustan Power Projects Aims 5000 MW Power Generation
"EFYTimes.com" 16 February 2014

"Business Standard" 13 February 2014
Hindustan Power to shift focus from coal to solar power
"Power Businessview" 3 February 2014
Rural Electrification is a bucket full of hopes
"The Hindu Business Line" - 1 March 2016 {{PCOI Electric power companies of India Renewable energy companies of India Companies based in New Delhi Energy companies established in 2008 Renewable resource companies established in 2008 Indian companies established in 2008 Solar energy companies of India 2008 establishments in Delhi