Logo


Hero Group's clean energy arm to invest $200 million in Rajasthan

Total estimated cost of the solar project in Rajasthan is approximately $200 million; IFC to invest upto $43.3 million

solar
The company proposes development, construction, operation and maintenance of a 250 MW solar farm located in Bhadla, Rajasthan

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. The company proposes development, construction, operation ...