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Hero Group's Clean Energy Arm To Invest $200M In Rajasthan | Business Standard News

by business-standard.com posted 3months ago 70 views
IFC to invest upto $43.3 million in the project. : Hero Future Energies Global (HFE), the clean energy arm of Hero Group, will invest around $200 million in a solar project in Rajasthan. The project will be supported by International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). The project will be developed by Clean Solar Power (Jodhpur), a step-down subsidiary of HFE. HFE is a leading renewable energy developer in India and currently has an installed capacity of more than 1.2 GW and is in the process of implementing around another 1 GW.