Rupal Gupta, Managing Director and CEO of Oriana Power Limited, joins investor Rahul to discuss India’s green energy revolution and Oriana’s four strategic pillars of solar, battery energy storage systems, green hydrogen, and compressed biogas.
Key insights:
India hit its target of 50% renewable power capacity five years ahead of schedule in July 2025, but doubling capacity to 500 GW by 2030 faces challenges around grid infrastructure, land acquisition, and China-dependent supply chains.
Battery storage is now a regulatory requirement rather than a business choice, with the government mandating that renewable plants store 10% of output, and India’s BESS market opportunity is estimated at 500 GWh.
Green hydrogen currently costs roughly double gray hydrogen at around 400 rupees per kg, but since 70% of production cost comes from power, falling renewable energy prices and economies of scale could close that gap within two years.
Oriana is building a gigawatt-scale electrolyzer factory in two phases to reduce import dependence and supply global markets through a US technology partnership.
The steel, shipping, and fertilizer industries are identified as the earliest large-scale green hydrogen consumers.