Hero Future Energies commissions ~1 MW alone in DTU, NSIT and IGDTU campus this month
New Delhi, September 26, 2016:
The renewable energy venture of the Hero group, Hero Future Energies (HFE), with a rooftop solar portfolio of ~ 15 MW as on date, has been executing prominent rooftop solar projects across India since 2012. The company has recently commissioned ~ 1 MW for Delhi Technical University (DTU), Netaji Subhash Institute of Technology (NSIT), Indira Gandhi Delhi Technical University for Women (IGDTU) and Shaheed Sukhdev Singh College with IPGCIL as its nodal agency in Delhi.
The intent of solarising educational institutes has far reaching impact on the environment and the society. Once again technical universities of Delhi strengthened its numero Uno position by going solar for four of its institutes in a row.
Shri R. K. Srivastava, Executive Officer, Government of NCT of Delhi commented, “Energy Efficiency and Renewable Energy Management Centre, Department of Power GNCTD is committed to work towards making Delhi a Solar City and this is the first step towards it. Till now solar PV plants with a total capacity of 32MW have been installed in Delhi by various stakeholders and Delhi Secretariat is also running on solar power to a large extent. We are further working on many more projects in the months ahead. I, congratulate Hero Future Energies for successful completion of 1MW capacity allocated to them and hope that they will keep giving their contribution.”
Mr. Sunil Jain, CEO, Hero Future Energies while flagging off the projects commented, “Educational institutes are ideal case studies for rooftop solar. The output from rooftop plants, can be consumed optimally without the need to store, due to their huge requirements and daytime peak working hours at the campuses. HFE prides itself in associating with such large educational institutions, some of our marquee rooftop solar projects in the construction phase include, Benaras Hindu University, Kochi metro project, Jaipur metro project and others.”
The company has worked as a team with individual institutes, to assess their requirements, thus deliver best in class project engineering. HFE’s in-house team has designed, installed, commissioned the systems, and will be maintaining them for 25 years. The individual project capacity and subsequent CO2 emissions and mangrove equivalent tabulation is as follows:
About Hero Future Energies
HFE carries an illustrious legacy of the Hero Group; a strategic decision of the Group to enter the domain of power generation from clean and non-polluting sources of energy. The young company is an Independent Power Producer (IPP) with operating plants closer to 360 MW. They have ambitious growth plans to invest progressively in Wind, Solar and Hydro sectors over the next few years. As the Indian economy continues its growth trajectory, HFE is poised to provide clean power to industries, businesses, educational institutes, non-profits and governmental organizations at competitive rates. HFE will assist its clientele in fulfilling their Renewable Purchase Obligations (RPOs) by reducing their dependence on power generated by fossil fuels like coal, oil and natural gas. The company has a pipeline of ~1100 MW of wind projects till 2017-18. The company is optimistic about building a robust portfolio of 2.5 GW by 2020.
Meenakshi Sarkar| Corporate communication | Hero Future Energies Pvt. Ltd.
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