ReNew Power moots Rs 50,000 crore investment in renewables, battery, green hydrogen units in Karnataka
Delhi-based ReNew Power on Tuesday signed up with Karnataka proposing to invest Rs 50,000 crore in solar, wind and hybrid projects, battery storage and green hydrogen plant over a seven year period.
ReNew Power chairman Sumant Sinha signed the MoU with Karnataka’s additional chief secretary (Industries) EV Ramana Reddy in the presence of chief minister Basavaraj Bommai, Industries Minister Murugesh Nirani and IT/BT Minister CN Ashwath Narayan at the Karnataka Pavillion at the world economic forum (WEF) in Davos.
