India's Renewable Energy Vision: Insights from Ratul Puri

Ratul Puri, Chairman of Hindustan Power Group, has been pivotal in India's renewable energy sector, focusing primarily on solar energy. As the 2024 Union Budget nears, he discusses the critical financial support and policy measures needed to achieve India's ambitious 500 GW target by 2030.

India is making remarkable progress in renewable energy, striving to reduce its reliance on fossil fuels. Playing a significant role in this shift is Ratul Puri, Chairman of Hindustan Power Group, who has championed the rise of solar energy.

As the Union Budget 2024 approaches, Puri outlines key expectations crucial for the industry's growth and sustainability, such as substantial governmental financial support and reduced GST on solar components.

Puri also emphasizes the importance of R&D investments to develop weather-resistant solar technology and highlights the transformative role of artificial intelligence in optimizing energy production and grid management.

(With inputs from agencies.)