About
Hero Group

The Hero Group is one of the most reputed Indian industrial conglomerates and an iconic household name since the 1950s. Hero MotoCorp became the world’s largest two-wheeler manufacturer in 2001 and has maintained this position ever since. Hero MotoCorp is a market leader in India with over 50% share in the domestic motorcycle market. The Hero Group is widely recognized for its corporate governance and sustainable practices. With a rapidly expanding portfolio, the key businesses of the group include manufacturing, IT & financial services, auto ancillary, education and cleantech solutions. Through the Raman Kant Munjal Foundation, the Hero Group has been actively contributing towards community development work in remote parts of rural India.

about hfe

Hero Future Energies (HFE) is a global renewable energy company and part of the illustrious Hero Group, one of the most respected business houses in India. HFE is headquartered in London and was established in 2012 with the ideal of profit for purpose, to contribute towards preserving the environment for future generations. HFE has a global portfolio of 7.7 GWp of renewable energy (RE) assets across India, Ukraine, Vietnam, and UK of operating or under-construction projects. Apart from traditional wind and solar PV assets, the portfolio, comprises advanced high CUF projects such as hybrid power, peak-power, firm dispatchable power and emerging technologies projects such as energy storage, green hydrogen, and its derivatives. HFE also works closely with its C&I partners in hard to abate sectors such as chemicals, refining, manufacturing, steel, cement, transportation etc, as they undertake their net-zero journey. The company is backed by leading global investors such as International Finance Corporation (IFC) and KKR.

HFE is led by a team of accomplished industry veterans with decades of experience in energy and renewables globally. Its core strengths include large scale project development and execution capabilities, robust design and engineering, stringent asset quality standards with an unwavering focus on health, safety & environment (HSE). HFE has been a pioneer across several facets of its business from innovative financing structures to new technology frontiers. HFE issued the first ever climate bond by an Indian renewable energy company in 2016. It was followed up with successful issuance of a US dollar denominated green bond in 2021 in Singapore. HFE executed India’s 1st wind and solar hybrid project in 2018 and won the first utility-scale storage-based tender in India in 2022. In February 2025, it commissioned its first of a kind plant that enables blending Green Hydrogen with LPG and PNG for industrial heating at Tirupati.

Transforming renewables into firm, dispatchable “round the clock” power is an integral part of the global energy transition along with increasing electrification of the economy and decarbonizing heavy industries and SMEs alike. HFE is committed to aiding this energy transition by providing innovative clean tech solutions. HFE intends to work very closely with commercial and industrial customers in hard to abate sectors (i.e. applications of fossil fuels which cannot be directly electrified using renewable energy), to partner with them in their net-zero journey through innovative solutions such as green hydrogen(H2) and energy storage. In line with our commitment to sustainability, we are actively working towards becoming ‘net zero’ or ‘carbon neutral’ by 2030.

Leadership vision

Late Dr. Brijmohan Lall Munjal

Chairman Emeritus (October 18, 2012 – November 1, 2015)

“I am delighted that our dream of HFE has become a reality today. This new company is setting itself tough targets and working in a new environment. I am proud that the third generation of our Munjal family, led by my grandson Rahul Munjal, is spearheading this enterprise with the same commitment and zeal which has become the hallmark of our family and The Hero Group. In years to come, HFE will prove itself to be a pioneer in India and for the globalising world.”

Mr. Rahul Munjal

Chairman & Managing Director

“I have always been fond of nature and respect it deeply, but the more I read and know about climate change, the more it disturbs me. I consider myself extremely fortunate to be in a position where I can follow my passion and create a viable business and have a positive impact on our planet. At HFE, it’s our endeavor to bring about a change in the global energy mix, by increasing the share of renewables.”

Dr. Pawan Munjal

Chairman & CEO, Hero MotoCorp Ltd.

“Sustainability is at the core of everything we do at Hero. It has always been our vision to give back to society and leave behind a flourishing planet for the future generations. Since its inception, Hero Future Energies (HFE) has been a leader in fulfilling the burgeoning energy demand through multiple renewable resources. Over the years, the company has grown its operations across multiple geographies & energy sectors. As a leading Independent Power Producer (IPP), HFE will continue to drive the aspirations of people and countries through its cleantech solutions.”

board of directors

Rahul Munjal

Chairman & Managing Director

Dr. Pawan Munjal

Director

Abhimanyu Munjal

Director

Pooja Munjal

Director

Sumeet Thakur

Director

Ravi Thanvi

Director

Ami Momaya

Director

Andrew Hall

Independent Director

Inderbir Singh Dhingra

Director

leadership TEAM

Srivatsan Iyer

Global Chief Executive Officer

Ben Fraser

Global Chief Financial Officer

R. Sunder

Business Head – C&I - India, South Asia

Ashutosh Vyas

Head - Energy Business (Utilities)

Robert Ayres

Business Head – EMENA

Oman Singh

Business Head – Southeast Asia

Sudhir Pathak

Head – Engineering & Quality

Devendra Kr Dwivedi

Head - Projects, Land & PMO

Harish Pant

Head – O&M

Sanjeev Anand

Head – SCM

Rajesh Puri

Head – F&A

Bhawna K. Mital

Head – HR, CSR, Admin, IT

Dipankar Bose

Head – Corporate Communications

Sumit Kumar Roy

General Counsel

Shashidhar Srirambhatla

Head - Risk & Internal Audit

HFE’s Corporate mantra

“Shaping a sustainable future through innovative cleantech solutions”

OUR Values

Our core values define the way we work and conduct business at HFE and forms the fabric of our positive work culture , which is also our key differentiator.
  • Trust: We trust our people to always act in the best interest of HFE
  • Respect: We deal with everyone respectfully and stick to our commitments
  • Delegation: We make timely decisions
  • Excellence: We constantly challenge ourselves at work to outperform
  • Transparency: We do not work in silos, we work as ‘One HFE’
  • Agility: We have a flexible approach at work