Hero Future Energies collaborates with PFC, REC

Hero Future Energies Private Limited (HFE) announced signing a memorandum of understanding with REC Limited and PFC Limited to develop green energy projects. HFE will receive Rs 31 billion from PFC Limited and REC Limited each for the purpose of funding and developing renewable projects across the country. The company plans to use the funding for utility projects, green hydrogen derivatives including solar and wind for industrial and commercial customers.