New Delhi – January 31, 2017 – SAP SE (NYSE: SAP) today announced that Hero Future Energies Pvt. Ltd. (HFE), one of India’s leading independent power producers, has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India.
As part of the Hero Group and with presence in nearly ten states across India, HFE is focused on futuristic and clean energy through successful implementation of wind, solar and rooftop solar projects in India. The company felt the need to simplify and align its current operations and transform the business into a digital organization. To fulfil this objective, HFE implemented SAP S/4HANA to attain business transparency across its operations, allowing it to scale flexibility on a single platform as it expands across the country. The company worked with SAP partner YASH Technologies for the implementation.
“As we aim to drive India’s development by spearheading a change the power sector, it was crucial for us to have a sustainable digital roadmap which streamlined our operations and provided instant visibility across the business,” said Debnath Mukhopadhyay, Additional General Manager Accounts & Finance, Hero Future Energies Pvt. Ltd. “SAP S/4HANA supports in enhancing this vision and gives us a unified platform to take effective and strategic decisions based on real-time data. This will help us bring alive our concept of ‘planet positive power’.”
“In today’s digital economy, companies are embracing innovation and technology to gain real-time insights and boost efficiencies,” said Neeraj Athalye, Head of S/4HANA, SAP Indian Subcontinent. “By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’.”
“Hero Future Energies is one of India’s fastest growing Independent Power Producers and we are privileged to be their IT Partner of Choice” said Suman Pariyar, Country Manager, YASH Technologies Pvt Ltd. He added “Working in close concert with HFE’s Business- IT teams and leveraging the robust SAP S/4HANA platform, we are happy to support them in their business transformation journey”
About Hero Future Energies Pvt.Ltd.
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 renewable sources of energy. Established in 2012, Hero Future Energies is present across 12 states of India. The young company is an Independent Power Producer (IPP) with operating plants of ~ 360 MW and has 1.4 GW of projects in the pipeline. The company has ambitious growth plans to invest progressively in wind, grid connected solar, rooftop sectors, energy storage over the next few years. By June 2017, it will reach 1.1 GW capacity, having commissioned projects of ~ 520 megawatts in wind and ~550 megawatts in solar in this period. The company is optimistic about building a robust portfolio of 2.7 GW by 2020. HFE plans to set up additional capacity internationally and also develop a sizeable presence in roof top solar plants.
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.
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 345,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.