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
Automation & Robotics
India is a vital market for Schneider Electric: Neil Elliott Smith
In this interview with Rakesh Rao, Neil Elliott Smith, Segment President, Consumer Packaged Goods, Schneider Electric, highlights the company’s solutions for CPG sector and India’s growing influ..
Read moreElectrical & Electronics
Fujiyama Commissions 2,000 MW Solar Panel Facility
Fujiyama has commissioned its 2,000 MW solar panel manufacturing facility at Ratlam, raising its total solar panel capacity to 3,568 MW.
Read moreElectrical & Electronics
Inox Clean buys Boviet Solar Assets in US Renewable Push
Inox Clean has acquired Boviet Solar assets through Inox Solar Americas, gaining 3 GW of solar module capacity and a binding agreement for 3 GW cell capacity.
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
