Hindustan Powerprojects Thermal, was incorporated in 2008 with the strategy to foray into thermal power and infrastructure. The operations span the entire value chain of the power sector including coal/gas based generation, transmission and distribution. This business also aims to diversify into coal mining and aims to diversify into coal mining and become an integrated power and infrastructure company through strategic tie-ups with other players.

The company aims at having a thermal generation portfolio of 5000-6000 MW by 2020. The company has plans to enter into power distribution business through strategic tie-ups with various leading power sector companies.

Currently, this business is developing three thermal power generation projects with a combined generation capacity of around 4000 MW in Madhya Pradesh and Chhattisgarh.