Alexandra Renewal Project

Hero Future Energies signs MoUs for INR 6200 crores to develop future Renewable energy projects

Retrieved on: 
Wednesday, July 26, 2023

NEW DELHI, July 26, 2023 /PRNewswire/ -- Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of Rs.3100 crores each in HFE over the next five years.

Key Points: 
  • NEW DELHI, July 26, 2023 /PRNewswire/ -- Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of Rs.3100 crores each in HFE over the next five years.
  • The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa.
  • A sum of Rs 6200 crores, gained cumulatively with the MoUs, will be used for development of Renewable Projects across India including Solar & Wind for C&I customers, Utility projects and Green Hydrogen Derivatives and will strengthen the company by ensuring the financial closure for future projects in the pipeline.
  • Speaking on this occasion, Mr. Srivatsan Iyer, Global CEO, Hero Future Energies said, "We are enthusiastic about the collaboration with REC and PFC Limited.

Offshore renewables: New Black & Veatch guide to reducing risk and ensuring successful outcomes

Retrieved on: 
Monday, July 3, 2023

Optimising Offshore Renewables Projects , is a new guide from Black & Veatch to help organisations reduce risk and ensure successful outcomes for offshore wind and marine energy projects.

Key Points: 
  • Optimising Offshore Renewables Projects , is a new guide from Black & Veatch to help organisations reduce risk and ensure successful outcomes for offshore wind and marine energy projects.
  • Our new guide offers insights for everyone involved in offshore renewables projects to better understand how to mitigate risk and deliver ‘as forecast’ performance,” according to Youssef Merjaneh, Managing Director Black & Veatch – Europe, Middle East and Africa.
  • Optimising Offshore Renewables Projects is one way of combining and sharing the company’s leading-edge offshore renewables expertise.
  • Click here to download Black & Veatch’s guide to Optimising Offshore Renewables Projects.