Hero Future Energies commissions 29 MWp Open Access Solar Project in Chitradurga, Karnataka – EQ
New Delhi – Hero Future Energies, the renewable energy arm of the Hero Group announced the successful commissioning of its 29 MWp solar project in Chitradurga, Karnataka. This open-accesssite, meant to cater to the power needs of the commercial and industrial (C&I) sector,reinforces HFE’s commitment to driving India’s transition to clean energy and empowering businesses with sustainable energy solutions.
The solar project is expected to generate 33 million units of green energy annually that will lead to a CO₂ reduction of 31,624 tones, contributing directly to India’s clean energy and climate action goals. It will also add to the country’s aim to reach 500 GW of non-fossil fuel energy capacity by 2030.
The power generated from this plant will be supplied to leading corporates in the region including BASF India Ltd, KEMS Forging Ltd, VRKP Sponge and Power Plant and Aurigene Oncology Ltd., with whom HFE has already signed Power Purchase Agreements for this purpose.
Announcing this latest commissioning, Srivatsan Iyer, Global CEO, Hero Future Energies, said,
“At Hero Future Energies, we are working steadfastly towards accelerating India’s journey to Net Zero, while also enhancing its energy security. This project is yet another milestone open access initiative that expand sour footprint in Karnataka and demonstrates our commitment towards industrial decarbonisation. Through this, we aim to empower businesses and communities, and act as an end-to-end partner for our C&I clients in their net zero journeys.”
HFE recently also signed a significant Memorandum of Understanding (MoU) with the Government of Karnataka. Valued at ₹11,000 crore, the MoU outlines extensive investments in renewable energy and green hydrogen projects across the state, further bolstering Karnataka’s position as a leader in clean energy. This strategic partnership highlights HFE’s dedication to fostering regional economic growth, creating jobs, and advancing India’s green energy ambitions.
Hero Future Energies continues to grow as a key player in the renewable energy sector, with a diversified portfolio of solar, wind, and hybrid projects across India and globally with presence in Europe and Southeast Asia. The company remains committed to delivering innovative solutions that address the evolving energy needs of businesses and contribute to a sustainable future.
About Hero Future Energies
Hero Future Energies (HFE) is a global renewable energy company and part of the illustrious Hero Group, one of the most respected business houses in India. HFE is headquartered in London and was established in 2012 with the ideal of profit for purpose, to contribute towards preserving the environment for future generations. HFE has a global portfolio of 7.5 GWp of renewable energy (RE) assets across India, Ukraine, Bangladesh, Vietnam, and UK of operating or under-construction projects. Apart from traditional wind and solar PV assets, the portfolio, comprises advanced high CUF projects such as hybrid power, peak-power, firm dispatchable power and emerging technologies projects such as energy storage, green hydrogen, and its derivatives. HFE also works closely with its C&I partners in hard to abate sectors such as chemicals, refining, manufacturing, steel, cement, transportation etc, as they undertake their net-zero journey. The company is backed by leading global investors such as International Finance Corporation (IFC) and KKR.
