Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
This is How Industry reacted to Amplus’ recent announcement of Rs.3/unit tariff for solar power Updated On Tue, Dec 13th, 2016 by Saurenergy Amplus Energy Solutions recently announced that it has bagged a bid to install 14.5 MW of solar rooftop plants across 10 states. The company in a statement said that it will offer tariffs at a record low of Rs. 3/unit in three states and Rs. 5.3—6.2/unit in other states in India. However, the report did […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
