UltraTech's current green energy capacity of 2,024 MW comprises 1,580 MW of renewable energy capacity and 444 MW of WHRS capacity
Rahul Munjal, Founder & Chairman, Hero Future Energies, said on the partnership, “We are delighted to welcome Sumitomo Corporation as a strategic partner in this project."
Carbon must become part of industrial investment decisions, as future carbon costs, regulation and market access could reshape the economics of long-life assets
The transition from renewable capacity to reliable power requires a coordinated approach across demand creation, grid infrastructure, manufacturing and regulation
The proposed arrangement builds on a Memorandum of Understanding signed between SECI and H2Global in November 2024 and subsequent discussions between the organisations