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HomeHero Future Energies

Hero Future Energies

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Financings

IL&FS Mutual Fund to invest Rs 1.25 billion in Hero Solar Energy

March 9, 2026

Infrastructure debt fund IL&FS Mutual Fund has committed an investment of Rs 1.25 billion in Hero Solar Energy, a subsidiary of Hero Future Energies. The investment will help the company refinance its existing debt. It […]

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Projects

HFE inks Rs 300 billion MoU with  Andhra Pradesh government 

November 17, 2025

Hero Future Energies (HFE) inks Rs 300 billion MoU with the Andhra Pradesh government for the development of 4 GW of renewable energy generation projects. The projects will be developed across the districts of Ananthapuramu, […]

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Company Release

Mitarsh Energy secures 375 MWp O&M contract from Hero Future Energies

May 26, 2025

Ahmedabad, May 24, 2025 — Mitarsh Energy Private Limited, a leading provider of Operation and Maintenance (O&M) services in India’s solar energy sector, has secured a prestigious 375 megawatt peak (MWp) solar O&M contract from […]

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Projects

Hero Future Energies inks PPA with SECI for 270 MW solar-plus-storage project

May 5, 2025

Hero Future Energies (HFE) has signed a power purchase agreement (PPA) with the Solar Energy Corporation of India Limited (SECI) for a 270 MW solar power project integrated with an energy storage system (ESS). The […]

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Projects

Hero Future Energies bags PPA for 120 MW renewable-plus-storage project

April 8, 2025

Hero Future Energies Private Limited (HFE) has signed a power purchase agreement (PPA) with SJVN Limited to supply 120 MW of firm and dispatchable power through a renewable energy project integrated with energy storage. The […]

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Projects

Hero Future Energies commissions 29 MWp solar project in Karnataka

December 30, 2024

Hero Future Energies (HFE) has commissioned a 29 MWp solar project in Chitradurga, Karnataka, aimed at the commercial and industrial (C&I) sector. The open-access plant is expected to generate 33 million units of renewable energy […]

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Projects

Hero Future Energies signs Rs 110 billion MoU with Karnataka government

December 2, 2024

Hero Future Energies Private Limited (HFEPL) has inked a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 110 billion in renewable energy and green hydrogen. The investment will be utilised in […]

Companies

The C&I market is poised for robust growth: Interview with Hero Future Energies’ Srivatsan Iyer

August 13, 2024

In a recent interview with Renewable Watch, Srivatsan Iyer, global chief executive officer, Hero Future Energies, delved into the current state and future outlook of the renewable energy sector in India, focusing on its recent […]

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Projects

Emmvee Group signs contract for supply of 600 MWp solar modules

May 27, 2024

Emmvee Photovoltaic Power has signed an agreement with Hero Future Energies for supplying 600 MWp solar modules. Emmvee will deliver high-efficiency solar modules over the course of two years. The Emmvee Group is a manufacturer […]

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Projects

Hero Future Energies inks PPA with SJVN for 120 MW FDRE project

May 16, 2024

Hero Future Energies and SJVN have inked a power purchase agreement (PPA) to establish a 120 MW firm and dispatchable renewable energy (FDRE) project. To be located in Andhra Pradesh, the project is scheduled to […]

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Projects

Inox Wind secures repeat order for 210 MW for its 3 MW WTGs

April 24, 2024

Inox Wind Limited (IWL) has secured an order for the supply of 210 MW of wind turbine generators (WTGs) from Hero Future Energies. The order is for IWL’s 3 MW WTGs and the scope comprises […]

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Projects

Hero Future and PIXON Green Energy sign tolling agreement for solar module supply

January 30, 2024

Hero Future Energies and PIXON Green Energy have revealed the signing of a key tolling agreement, pertaining to the delivery of solar photovoltaic modules. As a part of the agreement, PIXON Green Energy will supply […]

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Projects

Hero group signs MoU worth Rs 40 billion with Uttar Pradesh government for a renewable energy project

January 22, 2024

On the sidelines of World Economic Forum meetings at Davos, Switzerland, Hero Future Energies and Uttar Pradesh government have signed an MoU to invest Rs 40 billion in a project focused on renewable energy and […]

Green Hydrogen

Green Hydrogen Strides: Industry players’ opinion

December 16, 2022

The pace of development in the green hydrogen and green ammonia segment in India over the past few years has been impressive. The government has played a proactive role by releasing the first phase of […]

Interviews

Interview with Srivatsan Iyer: “We are seeing an upsurge in renewable energy adoption”

December 14, 2022

The renewable energy sector in India has been transforming at a rapid pace. The industry is evolving from standalone utility-scale wind and solar projects to round-the-clock (RTC) power projects by integrating different technologies and battery […]

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Financings

Hero Future Energies to receive $450 million investment from KKR and Hero Group

September 21, 2022

Kohlberg Kravis Roberts (KKR) and the Hero Group have signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero Group. The investment in HFE is from […]

People

Rajeev Ranjan: Business Development Manager, Hero Future Energies

April 25, 2022

Rajeev Ranjan has extensive experience in the renewable energy space. He started his career in 2014 as a management trainee with Inox Wind in the operations domain. Soon after, he became a business analyst to […]

Interviews

Interview with Srivatsan Iyer: “We hope to see clear policy interventions”

January 28, 2022

India’s renewable energy market is evolving, with the focus shifting from just utility-scale stand-alone wind and solar projects to round-the-clock power, green hydrogen, C&I solar, energy storage and manufacturing. Faced with these changing market dynamics […]

People

Ben Fraser: Chief Financial Officer, Hero Future Energies

February 10, 2021

A chartered accountant by training, Ben Fraser is currently chief financial officer at Hero Future Energies (HFE), his first professional stint with a team based in India. During his career spanning over two decades, he […]

Interviews

Interview with Sunil Jain: “I envisage big-ticket reforms in the power sector”

November 8, 2020

Established in 2012, Hero Future Energies (HFE) is one of the leading players in the renewable energy sector. Currently, the company has a portfolio of 1.5 GW of wind and solar power capacity in India, […]

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Solar Module Manufacturers in India

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