Hero Future Energies has inked an initial pact with the Andhra Pradesh government to invest Rs 30,000 crore to develop renewable energy facilities in the state. “Hero Future Energies (HFE) is delighted to announce the signing of a Memorandum of Understanding with the Government of Andhra Pradesh, as per which it will be setting up renewable energy facilities in the state and work closely with the state Government to catalyse economic growth in Andhra Pradesh,” a statement said.