Hero group signs MoU worth Rs 40 billion with Uttar Pradesh government for a renewable energy project

Hero Future Energies and Uttar Pradesh government have signed an memorandum of understanding (MoU) to invest Rs 40 billion in a project focused on renewable energy and clean technology, on the sidelines of World Economic Forum meetings at Davos, Switzerland.

At present, the company possesses a portfolio comprising 3 GW of grid-connected wind, solar, and rooftop solar power assets in operation across India and Europe. Additionally, there are 2 GW of projects in various stages of development in India, Vietnam, Bangladesh, and the UK.