Hero Future Energies Secures Rs 1,024 Crore SBI Funding
POWER & RENEWABLE ENERGY

Hero Future Energies Secures Rs 1,024 Crore SBI Funding

Hero Future Energies Pvt. Ltd. (HFE), through its special purpose vehicle Clean Solar Power Barmer, has secured Rs 1,024 crore in funding from the State Bank of India for its upcoming 60 MW Hybrid Peak Power Project.
The project, located in Kurnool district of Andhra Pradesh, will integrate solar, wind, and storage systems and is contracted with Solar Energy Corporation of India (SECI). The financing, with a repayment schedule of 21 years, ensures timely completion of the project and strengthens HFE’s hybrid energy portfolio.
The company said the investment reflects lenders’ confidence in HFE’s expertise in renewable energy development and its ability to deliver sustainable, innovative power solutions.

Hero Future Energies Pvt. Ltd. (HFE), through its special purpose vehicle Clean Solar Power Barmer, has secured Rs 1,024 crore in funding from the State Bank of India for its upcoming 60 MW Hybrid Peak Power Project.The project, located in Kurnool district of Andhra Pradesh, will integrate solar, wind, and storage systems and is contracted with Solar Energy Corporation of India (SECI). The financing, with a repayment schedule of 21 years, ensures timely completion of the project and strengthens HFE’s hybrid energy portfolio.The company said the investment reflects lenders’ confidence in HFE’s expertise in renewable energy development and its ability to deliver sustainable, innovative power solutions.

Next Story
Infrastructure Transport

BMTC Plans Major Expansion Of Bengaluru Bus Services

The Bengaluru Metropolitan Transport Corporation (BMTC) is planning a major expansion of its city bus services to meet growing commuter demand amid the city’s rapid urban sprawl. The BMTC board has cleared, in principle, a proposal to extend coverage from the current 25 km to a 40 km radius from the Greater Bengaluru Authority (GBA) boundary.If approved by the government, the expansion will bring BMTC buses deeper into suburban and rural areas, including Ramangara, Kanakapura and Magadi taluks in Bengaluru South, as well as Devanahalli, Doddaballapura and Nelamangala in Bengaluru Rural. Futu..

Next Story
Infrastructure Transport

MoRTH Launches Swachhata Hi Seva 2025 Nationwide

 The Ministry of Road Transport and Highways (MoRTH) and its attached offices launched the Swachhata Hi Seva Campaign 2025 on 17 September, under this year’s theme, ‘Swachhotsav’. The initiative encourages citizen participation in cleanliness, removal of garbage spots, eco-friendly celebrations and welfare of sanitation workers across India.Review meetings were chaired by Vinay Kumar on 16 and 19 September, briefing officers on their responsibilities and campaign activities, with special focus on Cleanliness Target Units (CTUs).To date, 10,500 sites—including office premises, cons..

Next Story
Infrastructure Urban

Delhi Police Arrest KeIndia_5b3bb3.jpgy Accused In Rs 27 Billion Dholera Scam

The Economic Offences Wing (EOW) of Delhi Police has arrested Jugal Kishore, a central figure in an alleged scam that duped around 150 investors into a purported project in Dholera Smart City, Gujarat, promising extraordinary returns. The estimated fraud amounts to Rs 27 billion.Police stated that the accused used a doctored video appearing to show Prime Minister Narendra Modi endorsing the project as his “dream”. Kishore, 57, was arrested in Shahdara, Delhi, and represented Nexa Evergreen Private Limited, claiming it had a project in Dholera.“A joint complaint was filed in 2023 by Neha ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?