Hero Future Energies Private Limited has signed a Memorandum of Understanding (MoU) with Andhra Pradesh government to set up Renewable Energy (RE) facilities (solar & wind) in the state. The company will invest Rs. 30,000 crore over the next 3 to 5 years to develop these facilities.
These Renewable Energy facilities will be established for commercial and industrial customers, utility projects and green hydrogen plants in Andhra Pradesh. These upcoming facilities will create approximately 10,000 employment opportunities.