We will import energy models of the UK to India: Hero Future Energies CMD

HFE aims at conservative growth; favours quashing of reverse bidding in solar energy

Shreya Jai | New Delhi
Last Updated at February 19, 2023 22:15 IST

Rahul Munjal, HFE, Chairman & MD

Hero Future Energies (HFE), the clean energy arm of Hero Group, became the first Indian green energy company to shift base to the UK, expecting to tap into global funds for future growth. The decision bore fruit last August when leading private equity fund KKR invested $450 million (along with parent company Hero Group) in HFE.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

MONTHLY

₹ 249

Select

ANNUAL

₹ 1799

Select

Best Offer

SMART ANNUAL

₹ 1499

₹ 1799

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
Pick your 5 favourite companies, get a daily email with all news updates on them.
26 years of website archives.
Preferential invites to Business Standard events.