Hindustan Power, led by Ratul Puri, announced a roadmap to build a 5 GW renewable and storage portfolio by 2028.
It has secured ~1 GW solar and >750 MWh battery storage, on top of a 500 MW operational base.
The plan aligns with India’s 500 GW non‑fossil target for 2030, supporting net‑zero goals and attracting foreign investment.
Analysts expect the announcement to boost sentiment for listed renewable‑energy stocks and related sectors in the short term.