Visakhapatnam, Nov. 14 -- Hero Future Energies (HFE), the renewable energy arm of the Hero Group, signed a Memorandum of Understanding (MoU) on Thursday with the Andhra Pradesh Government, to develop renewable energy generation projects with a total capacity of 4 GW across Ananthapuramu, Kurnool, and Kadapa districts of Andhra Pradesh.
The projects represent a proposed investment of Rs 30,000 crore, reinforcing Andhra Pradesh's position as one of India's leading renewable energy destinations.
The MoU was signed by Srivatsan Iyer, Global CEO, Hero Future Energies, in the presence of Chief Minister N. Chandrababu Naidu, K. Vijayanand, Chief Secretary, Dr M. Kamalakar Babu, Vice Chairman & MD, NREDCAP,and C.M. Saikanth Varma, CEO, AP Economi...