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Hero Future Energies (HFE) has recently entered into two significant agreements with REC Limited and PFC Limited to drive the development of green energy projects. Under these Memorandums of Understanding (MoUs), each organization, REC and PFC, will invest Rs 3,100 crore into HFE over the next five years. The substantial funds will be utilized to establish renewable energy projects nationwide, including solar and wind installations for commercial and industrial clients, utility-scale projects, green hydrogen derivatives, and overall fortification of the company by ensuring financial viability for future ventures. This collaboration will further strengthen HFE’s position in the renewable energy sector and contribute to India’s green energy transformation.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 1st August 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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