Hero Future Energies Private Ltd (HFEPL) has inked a Memorandum of Understanding (MoU) with the Karnataka government to Hero Future Energies invest ₹11,000 crore in renewable energy, green hydrogen, and related derivatives projects. The investments, set to roll out between 2025-26, aim to create approximately 3,000 jobs in the state.
With a renewable energy portfolio exceeding 6 GW, HFEPL plans to extend its decarbonization efforts into sectors like transportation and heavy engineering. Highlighting Karnataka’s favorable policies and abundant green resources, HFEPL leadership praised the state as an ideal hub for driving sustainable innovation.
The Karnataka government has committed to providing necessary clearances, approvals, and incentives to facilitate the timely execution of these projects. The MoU was signed during the London Roadshows in the presence of MB Patil, Karnataka’s Minister for Large and Medium Industries and Infrastructure Development.
Hero Future Energies Private Ltd (HFEPL) is a leading renewable energy company under the Hero Group, specializing in solar, wind, and hybrid energy solutions. Established to drive sustainable energy adoption, HFEPL has built a robust portfolio exceeding 6 GW across multiple renewable energy projects.
The company focuses on advancing decarbonization efforts not only within the power grid but also in hard-to-abate sectors such as transportation and heavy manufacturing. Committed to innovation and sustainability, HFEPL is actively exploring opportunities in emerging technologies like green hydrogen and its derivatives. With operations spanning domestic and international markets, the company aims to contribute significantly to global energy transition goals while fostering economic development and job creation.
