Hero Future Energies
Hero Future Energies plans to invest $20 bn in renewables over 6 years
Indian companies are expanding their renewable energy capacity, with the government aiming to add at least 500 GW of clean energy by 2030 to reduce emissions
 "Hero Future Energies plans to invest $20 bn in renewables over 6 years")
Inox Wind bags repeat order for 210 MW project from Hero Future Energies
Wind energy solutions provider Inox Wind on Friday said it has secured a repeat order for 210 MW for its 3 MW wind turbine generators from Hero Future Energies (HFE). Additionally, Inox Wind will also provide post-commissioning multi-year Operations & Maintenance (O&M) services, a statement said. The order is for (IWL) Inox Wind Ltd's state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope comprises equipment supply with certain add-on services, according to the statement. The WTGs will be supplied to HFE from Q3 FY25 onwards and will be installed in South India. Kailash Tarachandani, CEO of Inox Wind, said, "We are thrilled to announce a large repeat order of 210 MW from Hero Future Energies, a longstanding partner. This order reinforces the confidence in our 3MW WTGs, being one of the most efficient turbines in its class. The addition of this order further re-emphasises our growth outlook.
 "Inox Wind bags repeat order for 210 MW project from Hero Future Energies")
Hero Future Energies signs Rs 6,200-cr MoUs for renewable energy projects
Hero Future Energies on Tuesday said it has signed two agreements with REC and PFC to develop green energy projects. The agreements were signed on the sidelines of the 4th G20 Energy Transition Working Group meeting, which concluded last week in Goa, Hero Future Energies said in a statement. "Hero Future Energies (HFE) has signed two memorandums of understanding (MoUs) with REC Ltd and PFC Ltd for infusion of Rs 3,100 crore each into HFE over the next five years," it said. The funds will be used to develop renewable projects across the country, including solar and wind for commercial and industrial customers, utility projects and green hydrogen derivatives, and will strengthen the company by ensuring the financial closure for future projects.
 "Hero Future Energies signs Rs 6,200-cr MoUs for renewable energy projects")
We will import energy models of the UK to India: Hero Future Energies CMD
HFE aims at conservative growth; favours quashing of reverse bidding in solar energy
 "We will import energy models of the UK to India: Hero Future Energies CMD")
No more interested in plain vanilla solar or wind: Hero Future Energies CEO
In a Q&A, Srivatsan Iyer talks about his firm's expansion plans in new segments and what the equity investment by KKR means for the company
 "No more interested in plain vanilla solar or wind: Hero Future Energies CEO")
KKR, Hero Group put $450 mn equity investment in Hero Future Energies
Hero Future Energies aims expansion in green hydrogen and battery storage
 "KKR, Hero Group put $450 mn equity investment in Hero Future Energies")
Pandemic, climate change, fossil fuel ban: Winds of change for renewables
Business Standard talked with Rahul Munjal, Chairman & managing director, Hero Future Energies to understand the impact of Covid, recent G7 decisions and way forward for the sector. Tune in for more
 "Pandemic, climate change, fossil fuel ban: Winds of change for renewables")
Hero Future Energies first USD Green Bond fetches $3 billion orders
The company will use the proceeds of the proposed notes to subscribe to Indian rupee-denominated external commercial borrowing (INR ECB) bonds
 "Hero Future Energies first USD Green Bond fetches $3 billion orders")
Hero Future Energies to hit int'l bond market, use funds for India projects
Renewables company will use its Mauritius SPV, subscribe to Indian rupee-denominated external commercial borrowing
Hero Future Energies appoints Srivatsan Iyer as the new global CEO
Iyer will replace Sunil Jain, who has been with HFE since its inception in 2012 and will retire this month
Hero Future Energies to raise $250 million via fresh equity issuance
HFE has 500 Mw under construction in India and 2 Gw overseas. It has a commissioned capacity of 1.5 Gw in India
 "Hero Future Energies to raise $250 million via fresh equity issuance")
Railways meets solar power developers for zero carbon emission goal
The railways has developed a mega plan for installing solar plants of 20-GW capacity by utilising its vacant land by 2030
 "Railways meets solar power developers for zero carbon emission goal")
India must start work on replacing coal plants with renewable: Rahul Munjal
Hero Future Energies' chairman and managing director Rahul Munjal speaks on on social media, sustainability and energy efficiency
 "India must start work on replacing coal plants with renewable: Rahul Munjal")
Masdar invests $150 million in Hero Future Energies
IFC to pump in another $125 million in the company
 "Masdar invests $150 million in Hero Future Energies")
Hero Future Energies reorganises business to make overseas foray
The move is aimed at exposing HFE Global to better financing avenues in the global market
 "Hero Future Energies reorganises business to make overseas foray")
Hero Future Energies goes global, to enter renewable market in 7 countries
Hero Future Energies set to make inroads into the renewable energy market in South-East Asia, Africa as well as Europe
 "Hero Future Energies goes global, to enter renewable market in 7 countries")
Hero Group's renewable energy arm to raise $125 million from IFC
Hero Future Energies will use the money to set up solar and wind plants
 "Hero Group's renewable energy arm to raise $125 million from IFC")
