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Title: Hero Future Energies to invest Rs 30,000 cr for renewable energy development in Andhra Pradesh
Source:The Economic Times
Date:16 March 2023
Hero Futures Energies has inked an initial pact with the Andhra Pradesh government to invest Rs30,000 crore to develop renewable energy facilities in the state. The Memorandum of Understanding states that Hero Future Energies plans to invest a sum of Rs30,000 crore to set up RE facilities (Solar & Wind) for C&I (commercial and industrial) customers, utility projects and green hydrogen derivatives in Andhra Pradesh over the next three to five years. These facilities are expected to generate employment for approximately 10,000 persons in the state.
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