New Delhi, August 6, 2025 – Hindustan Power, one of India’s leading integrated power generation companies, today announced the signing of a Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited for a 435 MW DC solar PV project to be set up in the state.
The agreement is for the supply of clean power for 25 years from the upcoming project. The company has commenced on-ground operations with the inauguration of its office at the site.
This 435 MW DC solar power project marks a significant leap forward in the state’s renewable energy journey, bringing it closer to the UP government’s ambitious target of 22,000 MW by 2026–27. It strengthens the state’s transition to cleaner, more reliable energy sources, while setting a benchmark for sustainable development.
Awarded by the Uttar Pradesh Power Corporation Limited through a fair and competitive process in April 2025, the project will not only supply clean electricity to the state but also create new jobs and drive sustainable growth in the local community.
Ratul Puri, Chairman, Hindustan Power, said, “The signing of the power purchase agreement sets the wheels in motion for rapid on-ground implementation. We are moving ahead at full pace to ensure that every aspect, from site development to stakeholder coordination, is executed seamlessly and on schedule. This project reflects our strong focus on delivering clean and reliable energy while supporting Uttar Pradesh’s vision of becoming a trillion-dollar economy”
Hindustan Power has already initiated ground-level operations, including stakeholder coordination, workforce engagement, and site development. This project is a key component of the company’s broader strategy to expand its presence in renewable energy across the country. This initiative also supports the company’s goal of achieving a 5 GW clean energy portfolio, further contributing to India’s transition to sustainable power.