Schedule a Call Back
Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project
Articles- Oct 07,25
The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power.
Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.
The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.
This financial closure underscores the banking community’s confidence in HFE’s expertise in executing complex hybrid renewable projects and reinforces the company’s commitment to India’s energy transition.
Hero Future Energies
renewable energy
hybrid project
Kurnool
SBI
Canara Bank
wind-solar-storage
energy transition
Related Stories
Electrical & Electronics
Waaree Transpower secures Rs 1.6 billion BESS equipment order
Waaree Transpower has secured an order worth about Rs 1.6 billion to supply 8.3 MVA Medium Voltage Skids for Battery Energy Storage System applications.
Read moreElectrical & Electronics
Emerson SCADA supports Adani Green’s 3.55 GWh BESS project
Emerson’s Ovation Green SCADA software is supporting Adani Green Energy’s 3.55 GWh battery storage project at Khavda, Gujarat, delivered within 10 months.
Read moreSmart Manufacturing
Gautam Solar earns EcoVadis Silver Medal for sustainable manufacturing practices
Gautam Solar has received the EcoVadis Silver Medal with a score of 78/100, placing it among the Top 15 per cent of companies assessed for sustainability performance.
Read moreRelated Products
Energy Logger
Energy Conservation Products and Systems
Weidmuller Electronics India Pvt Ltd offers a wide range of energy logger.
Air Cooled Heat Exchanger
Energy Conservation Products and Systems
Thermal Energy Systems offers a wide range of air cooled
heat exchanger.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
