Sandhar Tech invests Rs 1.62 cr in renewable energy SPV with Hero Rooftop
SANDHAR · price
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Sandhar Technologies has invested INR 1.62 crore in Clean Renewable Energy HR 1B Private Limited (SPV) by subscribing to its equity shares, completed on 12 October 2026. This follows a Share Subscription and Shareholders Agreement signed on 2 July 2026 between the company, Hero Rooftop Energy, and the SPV. The investment is intended to help the company access solar power, reduce energy costs, and support its sustainability and carbon neutrality goals.
Small investment for solar power access; should help lower energy costs and support ESG goals, minimal financial impact.