Officials from Hero Future Energies (HFE) took to the Indian media to announce its ambitions to become a major clean-power producer, investing in new wind, solar and hydro generation.
HFE is a division of the $5.6bn Hero Group, which includes the automotive business Hero Motocorp – one of the world’s leading makers of motorcycles.
HFE managing director Rahul Munjal told the Hindu Business Line that Hero had targeted renewables because the sector is “scalable and has social impact”.
