Hero Future Energies commissions 29 MW solar project in Karnataka
Author: PPD Team Date: December 30, 2024
Author: PPD Team Date: December 30, 2024
Hero Future Energies (HFE) has commissioned a 29 MW solar power project in Chitradurga, Karnataka, which will generate 33 million units of clean energy annually and reduce carbon dioxide emissions by 31,624 tonnes each year.
This open-access solar project caters to the Commercial and Industrial (C&I) sector’s energy needs.
Srivatsan Iyer, Global CEO of HFE, highlighted the project’s role in expanding the company’s footprint in Karnataka and supporting industrial decarbonisation. “This is a milestone in our open-access efforts to assist businesses in achieving net-zero emissions,” he said.
HFE recently signed a Memorandum of Understanding (MoU) with the Government of Karnataka, committing Rs 110 billion to renewable energy and green hydrogen initiatives in the state. Supported by investors like the International Finance Corporation (IFC) and KKR, HFE is a leading renewable energy firm under the Hero Group.
Established in 2012, HFE develops wind, solar, and hybrid energy solutions with a presence in Asia, Africa, and Europe.
Author: PPD Team Date: January 5, 2026 NTPC Limited has confirmed that it is assessing a potential minority stake investment in United States-based Clean Core Thorium Energy (CCTE) as part of its strategy to expand its nuclear power portfolio. The clarification was issued in a rumour verification letter dated 02 January 2026 to BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE). The exchanges had sought clarification following speculation in the market….
Author: PPD Team Date: September 15, 2025 India’s non-fossil fuel power generation capacity has reached 250 gigawatts (GW) in 2025, rising from 81 GW in 2014, according to Union Minister for New and Renewable Energy Pralhad Joshi. Joshi stated that India’s installed non-fossil capacity has grown more than three times over the past decade. He said the expansion reflects steady progress across renewable and clean energy sources. The minister noted that the 250 GW capacity…
Author: PPD Team Date: September 3, 2025 GK Energy Ltd, a solar-powered agricultural water pump systems provider, has raised Rs 100 crore in a pre-initial public offering (IPO) funding round. The investment came from Valuequest, 360 One (formerly IIFL Wealth), and Kotak AIF, among others. According to the company’s notice, 65.36 lakh equity shares were allotted at Rs 153 each through a private placement, representing 3.70 per cent of its pre-offer equity capital. Of this,…
Author: PPD Team Date: January 14, 2025 Indian Gas Exchange Limited (IGX) and Central European Gas Hub AG (CEGH) have signed a Memorandum of Understanding (MoU) to collaborate on developing natural gas and renewable gas markets. The partnership aims to leverage the market expertise of both parties to enhance technical, operational, and regulatory capabilities. They will focus on trading natural gas and renewable gases, including hydrogen, biomethane, and e-methane, along with commodity-related certificates. The collaboration…
Author: PPD Team Date: September 2, 2025 NTPC Green Energy Limited (NGEL) has announced that 25 MW of solar capacity from a 150 MW project at Bhuj, Gujarat, has been declared commercially operational. The project is developed by Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Private Limited, which is wholly owned by ONGC NTPC Green Private Limited, a joint venture of ONGC and NTPC. The company said the capacity will…
Author: PPD Team Date: July 11, 2025 Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited (CIL), has restarted coal production at its legacy PB Project in Jharkhand. This is the first operational project under the mine developer and operator (MDO) model in the CIL ecosystem. The PB Project has been awarded to Eagle Infra India Limited for a 25-year term. It is expected to produce 52 million tonnes of coal during its…