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{{Use Indian English|date=October 2019}} {{Use Indian English|date=October 2019}}
{{COI|date=August 2023}}
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{{Infobox person {{Infobox person
| image = RATUL.jpg | image = Ratul Puri 2022.png
| name = Ratul Puri | name = Ratul Puri
| birth_date = 19 July 1972 | birth_date = {{bda|1972|06|19|df=y}}
| birth_place = | birth_place =
| family = Kamal Nath (uncle) | family =
| occupation = ], ] | occupation = ], ]
| Twitter =
⚫ | website = and
| Linkedin =
⚫ | website = and
}} }}


'''Ratul Puri''' is the Chairman of the Board of Directors of ].<ref>{{cite web|url=http://businesstoday.intoday.in/story/india-today-conclave-ratul-puri-power-generation-business/1/204524.html |title=In Search of Light |publisher= Business Today |date= 2014-04-13 |access-date=2014-03-10}}</ref><ref name=about>{{cite web|url=http://www.ratulpuri.com |title=About Me |access-date=2016-03-18}}</ref><ref>{{cite news|url=http://economictimes.indiatimes.com/industry/energy/power/hindustan-power-projects-pvt-ltd-invests-rs-400-crore-in-eco-friendly-technologies/articleshow/41719886.cms |title=Hindustan Power Projects Pvt Ltd invests Rs 4,000 crore in eco-friendly technologies |newspaper= Economic Times |date= 2014-09-04 |access-date=2014-09-04}}</ref> The company is currently developing power assets across coal, thermal, solar and hydro with a combined investment of USD 5.6 billion of which USD 3.1 billion has been invested in the last four years. Under his leadership, the clean energy arm has emerged as the largest solar developer in India.<ref>{{cite web|url=http://epaperbeta.timesofindia.com/Article.aspx?eid=31816&articlexml=A-Place-in-the-Sun-21092014016005 |title=A Place in the Sun |publisher= Times of India |date= 2014-09-21 |access-date=2014-09-21}}</ref><ref>{{cite news|url=http://m.economictimes.com/industry/energy/power/proactive-modi-government-start-ups-global-indian-giants-bet-on-renewable-energy-space/articleshow/msid-43019701,curpg-4.cms |title=Proactive Modi government: Start-ups, global & Indian giants bet on renewable energy space |newspaper= Economic Times |date= 2014-10-16 |access-date=2014-10-16|last1=Sachitanand |first1=Rahul }}</ref> Ratul Puri partnered with DoIT Management (India), in order to support Dabang Delhi Kabaddi Club in Star Sports Pro Kabaddi League 2016.<ref>{{Cite web|title = Hindustan Power partners with Dabang Delhi in the Star Sports Pro-Kabaddi League|url = http://www.sportskeeda.com/kabaddi/hindustan-power-partners-dabang-delhi-kabaddi-star-sports-pro-kabaddi-league|website = www.sportskeeda.com|access-date = 2016-02-03}}</ref> '''Ratul Puri''' (born 19 July 1972) is the Chairman of the Board of Directors of ].<ref>{{cite web|url=http://businesstoday.intoday.in/story/india-today-conclave-ratul-puri-power-generation-business/1/204524.html |title=In Search of Light |publisher= Business Today |date= 2014-04-13 |access-date=2014-03-10}}</ref><ref name="about">{{cite web |title=Ratul Puri, Moser Baer Projects Pvt Ltd: Profile and Biography - Bloomberg Markets |url=https://www.bloomberg.com/profile/person/4711220 |access-date=2022-08-31 |website=bloomberg}}</ref> In 2002, Puri was the ] "Entrepreneur of the Year" award for his contribution towards manufacturing industry in India.<ref>{{cite web |url=http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/Entrepreneur_of_the_Year_Award-Hall_of_Fame |title=Hall of Fame, Past Winners |publisher=ey.com |access-date=2014-03-10 |url-status=dead |archive-url=https://web.archive.org/web/20140927002439/http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/Entrepreneur_of_the_Year_Award-Hall_of_Fame |archive-date=2014-09-27 }}</ref><ref>{{cite web|url=http://ey.mobi/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/Entrepreneur_Of_The_Year_Winner2002 |title=EOY - 2002 Winners - EY - India |publisher=Ey.mobi |access-date=2014-03-10}}</ref>


== Biography == == Biography ==
⚫ Ratul is an alumnus of ], the Pittsburgh-based global research university with a ] in ], ], and ].<ref name=busweek>{{cite web|author=Ratul Puri |url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=8077461&ticker=686523 |archive-url=https://archive.today/20140220112330/http://investing.businessweek.com/research/stocks/people/person.asp?personId=8077461&ticker=686523 |url-status=dead |archive-date=20 February 2014 |title=Ratul Puri: Executive Profile & Biography |publisher=] |access-date=2014-03-10}}</ref>


⚫ Ratul in 2008 started the business of power generation with ].<ref>{{cite web |url=http://www.hindustanpowerprojects.com/about-us/board-of-directors/ratul-puri/ |title=Ratul Puri - Chairman Hindustan Powerprojects - Board of Director |website=www.hindustanpowerprojects.com |url-status=dead |archive-url=https://web.archive.org/web/20140513201150/http://www.hindustanpowerprojects.com/about-us/board-of-directors/ratul-puri/ |archive-date=2014-05-13}}</ref> Puri is the nephew of ] party politician and former ] Chief Minister ].<ref>{{Cite web|url=https://indianexpress.com/article/india/vvip-chopper-scam-kamal-nath-rajiv-saxena-enforcement-directorate-agustawestland-congress-7055217/|title=Agusta Westland deal: Key accused details how kickbacks were paid, links to Kamal Nath's nephew, son|date=18 November 2020}}</ref>
⚫ Ratul is an alumnus of ], the Pittsburgh-based global research university with a ] in ], ], and ].<ref name=busweek>{{cite web|author=Ratul Puri |url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=8077461&ticker=686523 |title=Ratul Puri: Executive Profile & Biography |publisher=] |access-date=2014-03-10}}</ref><ref name=about/>

⚫ Ratul in 2008 started the business of power generation with ].<ref>http://www.hindustanpowerprojects.com/about-us/board-of-directors/ratul-puri/</ref> Puri is the nephew of ] party politician and former ] Chief Minister ].<ref>{{Cite web|url=https://indianexpress.com/article/india/vvip-chopper-scam-kamal-nath-rajiv-saxena-enforcement-directorate-agustawestland-congress-7055217/|title=Agusta Westland deal: Key accused details how kickbacks were paid, links to Kamal Nath's nephew, son|date=18 November 2020}}</ref>


== Recognition == == Recognition ==
⚫ Ratul is part of the many think tanks that are evolving solutions to usher energy sufficiency in India and was part of the ] as one of the Young Global leaders.<ref>{{cite web|url=http://www.rediff.com/money/report/wef/20080311.htm |title=17 Indians in WEF's Global Young Leaders list |work=] |date=2008-03-11 |access-date=2014-03-10}}</ref><ref>{{cite news|url=https://timesofindia.indiatimes.com/business/india-business/17-Indians-make-it-to-WEFs-young-leaders-list/articleshow/2859582.cms |archive-url=https://archive.today/20140221084514/http://articles.timesofindia.indiatimes.com/2008-03-13/india-business/27770499_1_wef-list-founder |url-status=live |archive-date=2014-02-21 |title=17 Indians make it to WEF's young leaders' list |work=] |access-date=2014-03-10}}</ref> In 2007, '']'' rated him among the "Top 21 Young Leaders" in the country who could shape India’s destiny in the 21st century. '']'' magazine has named him amongst the "Young Brigade in the IT Industry".<ref>{{cite web|url=http://www.dqindia.com/dataquest/news/142153/its-young-turks |title=ITs Young Turks |publisher= Dataquest |date= 2008-01-09 |archive-url=https://web.archive.org/web/20140517151508/http://www.dqindia.com/dataquest/news/142153/its-young-turks|archive-date=2014-05-17|url-status=dead|access-date=2016-03-18}}</ref>
⚫ 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<ref>{{cite web|url=http://pressreleasewatch.blogspot.in/2014/08/ratul-puri-chairman-hindustan-power.html |title=Ratul Puri chairman Hindustan Power gets CMO Asia Awards |publisher= Press Release Watch |date= 2014-08-07 |access-date=2014-08-07}}</ref><ref>{{cite web|url=http://www.newswala.com/Business-News/Hindustan-Power-chairman-Ratul-Puri-wins-CMO-Asia-CEO-of-the-Year-award-74581.html |title=Hindustan Power chairman Ratul Puri wins CMO Asia CEO of the Year award |publisher= Newswala.com |date= 2014-08-07 |access-date=2014-08-07}}</ref> and acknowledged for his contribution to the infrastructure sector by ET Infrastructure.<ref>{{cite web|url=http://indiaeducationdiary.in/Shownews.asp?newsid=31501 |title=ET Edge hosts the Second edition of The ET Edge Infra Focus Summit 2014 |publisher= India Education Diary |date= 2014-10-09 |access-date=2014-10-09}}</ref>


== In News ==
⚫ In 2002, Puri was the ] "Entrepreneur of the Year" award for his contribution towards manufacturing industry in India.<ref>{{cite web |url=http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/Entrepreneur_of_the_Year_Award-Hall_of_Fame |title=Hall of Fame, Past Winners |publisher=ey.com |access-date=2014-03-10 |url-status=dead |archive-url=https://web.archive.org/web/20140927002439/http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/Entrepreneur_of_the_Year_Award-Hall_of_Fame |archive-date=2014-09-27 }}</ref><ref>{{cite web|url=http://ey.mobi/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/Entrepreneur_Of_The_Year_Winner2002 |title=EOY - 2002 Winners - EY - India |publisher=Ey.mobi |access-date=2014-03-10}}</ref><ref name=about/> He 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.<ref>{{cite web|url=http://www.rediff.com/money/report/wef/20080311.htm |title=17 Indians in WEF's Global Young Leaders list |work=] |date=2008-03-11 |access-date=2014-03-10}}</ref><ref>{{cite news|url=http://articles.timesofindia.indiatimes.com/2008-03-13/india-business/27770499_1_wef-list-founder |archive-url=https://archive.today/20140221084514/http://articles.timesofindia.indiatimes.com/2008-03-13/india-business/27770499_1_wef-list-founder |url-status=dead |archive-date=2014-02-21 |title=17 Indians make it to WEF's young leaders' list |work=] |access-date=2014-03-10}}</ref> In 2007, '']'' rated him among the "Top 21 Young Leaders" in the country who could shape India’s destiny in the 21st century. '']'' magazine has named him amongst the "Young Brigade in the IT Industry".<ref>{{cite web|url=http://www.dqindia.com/dataquest/news/142153/its-young-turks |title=ITs Young Turks |publisher= Dataquest |date= 2008-01-09 |archive-url=https://web.archive.org/web/20140517151508/http://www.dqindia.com/dataquest/news/142153/its-young-turks|archive-date=2014-05-17|url-status=dead|access-date=2016-03-18}}</ref>
⚫ In November 2019, the Enforcement Directorate filed a charge sheet against Puri and his company ] for money laundering and bank fraud in the Agusta Westland chopper scam.<ref>{{Cite web |last=Das |first=Shaswati |last2=Sharma |first2=Prathma |date=2019-11-02 |title=AgustaWestland case: ED files chargesheet against Ratul Puri |url=https://www.livemint.com/news/india/agustawestland-case-ed-files-chargesheet-against-ratul-puri-11572703535124.html |access-date=2019-11-04 |website=Mint |language=en}}</ref>
⚫ <ref name=about/> 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<ref>{{cite web|url=http://pressreleasewatch.blogspot.in/2014/08/ratul-puri-chairman-hindustan-power.html |title=Ratul Puri chairman Hindustan Power gets CMO Asia Awards |publisher= Press Release Watch |date= 2014-08-07 |access-date=2014-08-07}}</ref><ref>{{cite web|url=http://www.newswala.com/Business-News/Hindustan-Power-chairman-Ratul-Puri-wins-CMO-Asia-CEO-of-the-Year-award-74581.html |title=Hindustan Power chairman Ratul Puri wins CMO Asia CEO of the Year award |publisher= Newswala.com |date= 2014-08-07 |access-date=2014-08-07}}</ref> and acknowledged for his contribution to the infrastructure sector by ET Infrastructure.<ref>{{cite web|url=http://indiaeducationdiary.in/Shownews.asp?newsid=31501 |title=ET Edge hosts the Second edition of The ET Edge Infra Focus Summit 2014 |publisher= India Education Diary |date= 2014-10-09 |access-date=2014-10-09}}</ref>

== Financial irregularities, legal cases and arrest ==
Puri's firm ] had taken loans from various banks since 2009 and had undergone debt restructuring several times. Unable to pay the debt, the Central bank of India conducted a forensic audit on the company accounts. In April 2019, Central bank declared Moser Baer account as fraud and lodged a complaint against the company, Ratul Puri, Deepak Puri, Nita Puri and others for defrauding the bank of Rs 354.51 crores.

In another development, Puri was undergoing interrogation for a money laundering case in connection with the AgustaWestland chopper scam by Enforcement Directorate where he had claimed to be innocent. However as ED confronted him with evidences about him receiving kickbacks, Puri disappeared from the ED interrogation midway. Subsequently a non bailable warrant was issued against Puri on 9 August and eventually the Enforcement directorate arrested him on 9 September.{{citation needed|date=January 2020}}

⚫ Subsequently in November 2019, the Enforcement Directorate filed a chargesheet against Puri and his company Moser Baer for money laundering and bank fraud in the Agusta Westland chopper scam.<ref>{{Cite web|url=https://www.livemint.com/news/india/agustawestland-case-ed-files-chargesheet-against-ratul-puri-11572703535124.html|title=AgustaWestland case: ED files chargesheet against Ratul Puri|last=Das|first=Prathma Sharma,Shaswati|date=2019-11-02|website=Mint|language=en|access-date=2019-11-04}}</ref>


==References== ==References==
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==External links== ==External links==
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{{DEFAULTSORT:Puri, Ratul}} {{DEFAULTSORT:Puri, Ratul}}

Latest revision as of 06:28, 2 January 2025

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Ratul Puri
Born (1972-06-19) 19 June 1972 (age 52)
Occupation(s)Chairman, Hindustan Powerprojects
WebsiteProfile at HPPPL website and ratulpuri.in

Ratul Puri (born 19 July 1972) is the Chairman of the Board of Directors of Hindustan Powerprojects. In 2002, Puri was the Ernst & Young "Entrepreneur of the Year" award for his contribution towards manufacturing industry in India.

Biography

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.

Ratul in 2008 started the business of power generation with Hindustan Powerprojects. Puri is the nephew of Congress party politician and former Madhya Pradesh Chief Minister Kamal Nath.

Recognition

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. 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". 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 and acknowledged for his contribution to the infrastructure sector by ET Infrastructure.

In News

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.

References

  1. "In Search of Light". Business Today. 13 April 2014. Retrieved 10 March 2014.
  2. "Ratul Puri, Moser Baer Projects Pvt Ltd: Profile and Biography - Bloomberg Markets". bloomberg. Retrieved 31 August 2022.
  3. "Hall of Fame, Past Winners". ey.com. Archived from the original on 27 September 2014. Retrieved 10 March 2014.
  4. "EOY - 2002 Winners - EY - India". Ey.mobi. Retrieved 10 March 2014.
  5. Ratul Puri. "Ratul Puri: Executive Profile & Biography". Businessweek. Archived from the original on 20 February 2014. Retrieved 10 March 2014.
  6. "Ratul Puri - Chairman Hindustan Powerprojects - Board of Director". www.hindustanpowerprojects.com. Archived from the original on 13 May 2014.
  7. "Agusta Westland deal: Key accused details how kickbacks were paid, links to Kamal Nath's nephew, son". 18 November 2020.
  8. "17 Indians in WEF's Global Young Leaders list". Rediff.com. 11 March 2008. Retrieved 10 March 2014.
  9. "17 Indians make it to WEF's young leaders' list". The Times of India. Archived from the original on 21 February 2014. Retrieved 10 March 2014.
  10. "ITs Young Turks". Dataquest. 9 January 2008. Archived from the original on 17 May 2014. Retrieved 18 March 2016.
  11. "Ratul Puri chairman Hindustan Power gets CMO Asia Awards". Press Release Watch. 7 August 2014. Retrieved 7 August 2014.
  12. "Hindustan Power chairman Ratul Puri wins CMO Asia CEO of the Year award". Newswala.com. 7 August 2014. Retrieved 7 August 2014.
  13. "ET Edge hosts the Second edition of The ET Edge Infra Focus Summit 2014". India Education Diary. 9 October 2014. Retrieved 9 October 2014.
  14. Das, Shaswati; Sharma, Prathma (2 November 2019). "AgustaWestland case: ED files chargesheet against Ratul Puri". Mint. Retrieved 4 November 2019.

External links

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