Hero Future Energies Powers Karnataka with 29 MW Solar Project
Hero Future Energies has commissioned a 29 MW solar project in Chitradurga, Karnataka, set to generate 33 million units of green energy annually, reducing carbon emissions by 31,624 tonnes. The project supports the Commercial and Industrial sector, marking HFE's commitment to industrial decarbonisation and its green energy footprint expansion in the state.
- Country:
- India
Hero Future Energies has commissioned a 29 MW solar project in Chitradurga, Karnataka, further solidifying its commitment to sustainable energy solutions. The anticipated outcome is an annual generation of 33 million units of green power, which will contribute to a carbon dioxide emission reduction of 31,624 tonnes.
Designed as an open-access site, this project is primarily aimed at supporting the power needs of the Commercial and Industrial (C&I) sector. Hero Future Energies Global CEO, Srivatsan Iyer, highlighted the initiative as a significant milestone in expanding their footprint within Karnataka.
In addition to this project, Hero Future Energies has also secured a Memorandum of Understanding (MoU) with the Karnataka government. Valued at Rs 11,000 crore, this MoU aims to drive further investments in renewable energy and green hydrogen projects across the state, backed by global investors including the International Finance Corporation (IFC) and KKR.
(With inputs from agencies.)
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