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On Akshay Urja Diwas, Hindustan Petroleum Corporation (HPCL) has highlighted its renewable energy initiatives as part of its efforts to advance the greening of its operations and support the transition towards cleaner sources of energy.

As renewable energy evolves beyond conventional solar installations, HPCL, through its renewable energy subsidiary HPCL Renewable and Green Energy (HPRGE), is adopting innovative models that combine clean power generation with efficient utilisation of land, water and existing infrastructure, stated the company.

Currently, HPCL has an operational renewable energy portfolio of 253 MW, comprising solar and wind assets. Its 100.9 MW wind portfolio is being used for captive consumption, utility supplies and power trading on the Indian Energy Exchange (IEX). Further, HPRGE is also executing more than 200 MWp of solar projects across ground-mounted, rooftop, agri-solar and floating solar formats.

HPRGE’s agri-solar project in Delhi supplies renewable power to 24 HPCL retail outlets under the Group Net Metering policy. The project uses solar modules installed on elevated structures with more than 3.5 metres of ground clearance, allowing agricultural activities to continue below the panels.

The company has also commissioned its first floating solar project at the reservoir of HPCL’s Vizag refinery. Two more floating solar projects are under execution at the Pachpadra and Nachna reservoirs of HPCL Rajasthan Refinery. The Nachna project is being integrated with a Battery Energy Storage System (BESS).

The floating solar projects are designed to use existing water bodies without requiring additional land acquisition and can also reduce water evaporation from the reservoirs.

HPRGE has commissioned ground-mounted solar projects at Jalgaon in Maharashtra and Jhansi in Uttar Pradesh to supply renewable power to HPCL’s marketing locations in the two states. Two other ground-mounted projects in Gujarat and Haryana have achieved mechanical completion.

Construction has also progressed on HPRGE’s 140 MWp solar project at Galiveedu in Andhra Pradesh. The company is developing additional utility-scale captive renewable energy projects for HPCL’s refineries, terminals and marketing locations across multiple states.

The projects cover multiple renewable energy applications, including captive power generation, rooftop solar, agri-solar, floating solar and battery storage, as HPCL expands renewable power use across its operations.

Commenting on the renewable energy journey, Mohit Dhawan, CEO HPRGE, said, “Renewable energy is not just about generating clean power; it is about using our resources smarter. Our agri-solar projects enable farming and solar generation to coexist on the same land, creating an inclusive model where clean energy supports additional income and prosperity for farmers. Our floating solar projects use the unused surface of reservoirs, avoiding competition for land while also reducing evaporation and conserving water. They can also be implemented faster than conventional ground-mounted projects in suitable locations. For us, the focus is clear: generate clean energy, use land and water more efficiently, create value for communities, and accelerate HPCL’s journey towards a sustainable future.”

Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

Siddharth Bhatia, MD & CEO from Oyster Renewable said, “ Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.

Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

Siddharth Bhatia, MD & CEO from Oyster Renewable said, “ Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.

Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

Siddharth Bhatia, MD & CEO from Oyster Renewable said, “ Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.

Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

Siddharth Bhatia, MD & CEO from Oyster Renewable said, “ Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.

Oyster Renewable has signed a Binding Term Sheet with Kutch Chemical Industries Limited to supply 25.2 MW Wind Solar Hybrid round-the-clock (RTC) renewable power comprising of 25.2 MW Wind and 27.72 MWp Solar in the state of Gujarat, under a captive structure. This marks Oyster Renewable’s third project in the state, reinforcing Gujarat’s position as a key market in the company’s renewable energy portfolio.

The project is structured to deliver firm, round-the-clock clean power to Kutch Chemical’s operations.

Once operational, the hybrid solar-wind facility is estimated to generate over 1,08,000 MWh of clean power annually, reducing approximately 85,000 tonnes of CO2 emissions each year.

The agreement underscores growing industrial demand across Gujarat for firm, round-the-clock renewable power under the captive model, as manufacturers look to de-risk energy costs and meet sustainability commitments simultaneously.

Siddharth Bhatia, MD & CEO from Oyster Renewable said, “ Gujarat continues to be a key market in our growth journey, and this, our third project in the state, reflects our long-term commitment to the region. Our partnership with Kutch Chemical to deliver 25.2 MW of round-the-clock solar-wind power will help avoid nearly 85,000 tonnes of CO2 annually, while giving them the reliability that captive hybrid power is built for.”

With this agreement, Oyster Renewable continues to strengthen its RTC renewable portfolio in Gujarat and remains committed to expanding its footprint across the state’s growing industrial and manufacturing base.

Hindustan Power, one of India’s leading integrated power producers, has achieved financial closure for its 435 MWp/300 MW solar power project in Lalitpur district, Uttar Pradesh, with the Indian Renewable Energy Development Agency (IREDA) sanctioning debt of ₹1,135 crore.

With work now underway, the project is progressing as per the planned development schedule and is set to strengthen Uttar Pradesh’s growing renewable energy capacity.

The project marks a significant milestone in the company’s renewable energy expansion and strengthens its contribution towards the state’s growing clean energy capacity.

The project has a long-term Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) and was awarded to Hindustan Power through a competitive bidding process in 2025. The project is among the largest solar projects being developed in Uttar Pradesh and will contribute towards meeting the state’s growing energy requirements through clean power generation.

Commenting on the development, Mr. Ratul Puri, Chairman, Hindustan Power, said, “The 435 MWp solar projects in Uttar Pradesh marks an important milestone in our renewable energy expansion. Uttar Pradesh is experiencing growing energy demand alongside an increasing focus on renewable energy, and projects of this scale will play an important role in strengthening the state’s clean energy capacity. We are pleased to contribute to this journey through a project of this scale and remain focused on its timely execution.”

Mr. Ratul Puri further added, “The project reflects our long-term commitment to developing large-scale renewable energy infrastructure that can support India’s evolving energy needs. As the country accelerates its energy transition, our focus remains on building reliable, efficient and sustainable generation capacity while contributing to long-term energy security.”

The project is also expected to support regional economic activity and generating employment opportunities for locals.

Notably, Hindustan Power has been expanding its presence across renewable and transitional energy generation, with a focus on developing large-scale energy infrastructure to support India’s growing power requirements and energy transition.

Hindustan Power, one of India’s leading integrated power producers, has achieved financial closure for its 435 MWp/300 MW solar power project in Lalitpur district, Uttar Pradesh, with the Indian Renewable Energy Development Agency (IREDA) sanctioning debt of ₹1,135 crore.

With work now underway, the project is progressing as per the planned development schedule and is set to strengthen Uttar Pradesh’s growing renewable energy capacity.

The project marks a significant milestone in the company’s renewable energy expansion and strengthens its contribution towards the state’s growing clean energy capacity.

The project has a long-term Power Purchase Agreement (PPA) with Uttar Pradesh Power Corporation Limited (UPPCL) and was awarded to Hindustan Power through a competitive bidding process in 2025. The project is among the largest solar projects being developed in Uttar Pradesh and will contribute towards meeting the state’s growing energy requirements through clean power generation.

Commenting on the development, Mr. Ratul Puri, Chairman, Hindustan Power, said, “The 435 MWp solar projects in Uttar Pradesh marks an important milestone in our renewable energy expansion. Uttar Pradesh is experiencing growing energy demand alongside an increasing focus on renewable energy, and projects of this scale will play an important role in strengthening the state’s clean energy capacity. We are pleased to contribute to this journey through a project of this scale and remain focused on its timely execution.”

Mr. Ratul Puri further added, “The project reflects our long-term commitment to developing large-scale renewable energy infrastructure that can support India’s evolving energy needs. As the country accelerates its energy transition, our focus remains on building reliable, efficient and sustainable generation capacity while contributing to long-term energy security.”

The project is also expected to support regional economic activity and generating employment opportunities for locals.

Notably, Hindustan Power has been expanding its presence across renewable and transitional energy generation, with a focus on developing large-scale energy infrastructure to support India’s growing power requirements and energy transition.