 | A major contributor to this article appears to have a close connection with its subject.(August 2023) |
Ratul Puri | |
|---|---|
 | |
| Born | 19 June 1972 |
| Occupation(s) | Chairman, Hindustan Powerprojects |
| Website | Profile at HPPPL website and ratulpuri.co.in |
Ratul Puri (born 19 July 1972) is the Chairman of the Board of Directors of Hindustan Powerprojects. [1] [2] In 2002, Puri was the Ernst & Young "Entrepreneur of the Year" award for his contribution towards manufacturing industry in India. [3] [4]
Ratul is an alumnus of Carnegie Mellon University, the Pittsburgh-based global research university with a bachelor's degree in computer engineering, mathematics, and computer science. [5]
Ratul in 2008 started the business of power generation with Hindustan Powerprojects. [6] Puri is the nephew of Congress party politician and former Madhya Pradesh Chief Minister Kamal Nath. [7]
Ratul is part of the many think tanks that are evolving solutions to usher energy sufficiency in India and was part of the World Economic Forum as one of the Young Global leaders. [8] [9] In 2007, Business Today rated him among the "Top 21 Young Leaders" in the country who could shape India’s destiny in the 21st century. Dataquest magazine has named him amongst the "Young Brigade in the IT Industry". [10] He was declared CMO Asia CEO of the Year award. In 2014, Ratul Puri was recognized as the ‘CEO of the year’ by World Brand Congress [11] [12] and acknowledged for his contribution to the infrastructure sector by ET Infrastructure. [13]
In November 2019, the Enforcement Directorate filed a charge sheet against Puri and his company Moser Baer for money laundering and bank fraud in the Agusta Westland chopper scam. [14]
Agusta was an Italian helicopter manufacturer. It was based in Samarate, Northern Italy. The company was founded by Count Giovanni Agusta in 1923, who flew his first airplane in 1907. The MV Agusta motorcycle manufacturer began as an offshoot of the Agusta aviation company at the end of the Second World War, as a means to save the jobs of employees of the Agusta firm.
AgustaWestland was an Anglo-Italian helicopter design and manufacturing company, which was a wholly owned subsidiary of Finmeccanica. It was formed in July 2000 as an Anglo-Italian multinational company, when Finmeccanica and GKN merged their respective helicopter subsidiaries to form AgustaWestland, with each holding a 50% share. Finmeccanica acquired GKN's stake in AgustaWestland in 2004.
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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 with other optical media storage manufacturers. Its products were manufactured at its three plants in New Delhi, which employed over 8,000 people. The company had subsidiaries that manufactured photovoltaic cells and modules using crystalline silicon and thin film technologies.
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Hindustan Powerprojects Private Ltd. (HPPPL), formerly known as Moser Baer Projects Pvt Ltd, is an electrical power developer in India, started by Ratul Puri. It operates in power generation, power trading, EPC, and development and renewables across thermal, solar, hydro and mining vertical markets. The company holds assets of around ₹ 14,500 crore to date, and is the fastest growing integrated power company in India.
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