Category: All News

Hero Future Energies (HFE), the renewable energy arm of the Hero Group, has secured a 120 MW project under the Solar Energy Corporation of India’s (SECI) 1,000 MW Firm and Dispatchable Renewable Energy – Round-the-Clock (FDRE-RTC) auction, with the project awarded at a tariff of ₹5.25/kWh.

The project, to be developed through Hero Solar Energy, will be integrated with an energy storage system in accordance with the requirements of SECI’s FDRE-RTC tender. The project will be developed under a Power Purchase Agreement (PPA) with SECI and is expected to achieve commissioning within 24 months of PPA execution.

The auction, floated by SECI in March 2026, was conducted to procure 1,000 MW of FDRE-RTC power from ISTS-connected renewable energy projects integrated with energy storage systems. The 120 MW project will deliver firm, round-the-clock renewable power, demonstrating that clean energy can reliably meet baseload demand while offering a highly competitive tariff.  The project builds on HFE’s experience of working with SECI reflecting its continued participation in India’s evolving renewable energy landscape.

“As India’s energy landscape evolves, the ability to deliver reliable and sustainable renewable power will become increasingly important. This 120 MW project under SECI’s FDRE RTC-V tender reflects our continued focus on developing solutions that can combine reliability, affordability and sustainability. We are pleased to build on our experience of working with SECI and look forward to delivering another project that supports India’s net-zero ambitions,” said Srivatsan Iyer, Global CEO, Hero Future Energies

Over the past few years, HFE has strengthened its position as a leading clean energy player through investments in hybrid renewable projects, battery energy storage systems and green hydrogen initiatives. With a renewable energy portfolio of 7.2 GWp and 2.9 GWh of BESS, the company is actively developing and operating assets across solar and wind, with a growing focus on hybrid solutions, firm and dispatchable renewable energy (FDRE) and storage-led offerings that enhance reliability and grid responsiveness.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.

KP Group is taking forward its renewable energy collaboration with Saudi Arabia following a high-level engagement between a Saudi business delegation and Maharashtra Chief Minister Shri Devendra Fadnavis.

The development comes after KP Group’s recent visit to Riyadh, Saudi Arabia, where discussions were initiated on potential opportunities and partnerships in the renewable energy sector. As a follow-up to those discussions, KP Group facilitated a meeting between the Saudi delegation and the Maharashtra Chief Minister to explore avenues for investment and collaboration in the state.

The Saudi delegation comprised Mr. Riyaadh Al-Zamil, Chairman of the Board, Raz Holding Group; Mr. Abdulqader Al-Mashhour, Advisor; Dr. Badr Al-Subaihi, Advisor and Chief Executive Officer, Siad Al; and Mr. Rakan Alabdali, Chairman’s Office Manager and Visit Coordinator.

The engagement is expected to strengthen the emerging KP Group–Saudi partnership and explore opportunities for the Government of Maharashtra to support potential investments and renewable energy projects arising from the collaboration.

KP Group already has a growing presence in Maharashtra, including its 100 MW MAHAGENCO project, while several additional renewable energy opportunities are being explored for the future.

The meeting highlights the growing scope for international partnerships in India’s clean energy sector, particularly as states seek to attract investments and accelerate renewable energy deployment.

KP Group expressed confidence that stronger collaboration among industry players, governments and international partners can help unlock new investments and contribute to India’s transition towards a cleaner and more sustainable energy future.

The latest engagement marks another step in the journey that began in Riyadh and is now expanding into potential opportunities across Maharashtra and India’s renewable energy landscape.