Hero Future Energies Secures ₹1,024 Cr Funding from SBI for Hybrid Peak Power Project

Hero Future Energies Pvt. Ltd. (HFE), through its SPV Clean Solar Power Barmer Pvt. Ltd., has secured funding of ₹1,024 crore from the State Bank of India for its 60 MW Hybrid Peak Power Project in Kurnool, Andhra Pradesh.
The project, contracted with SECI, integrates solar, wind, and storage to deliver reliable peak power. The SBI funding, with a repayment tenure of 21 years, will support timely project completion.
In a statement, HFE said the investment underscores the lending community’s strong confidence in its expertise in developing renewable energy hybrid projects.