WEF: ReNew Power signs MoU to invest Rs 50,000 cr in 7 years in Karnataka

Renewable energy firm ReNew Power on Tuesday signed a Memorandum of Understanding (MoU) with the Karnataka government in the presence of Chief Minister Basavaraj Bommai at the World Economic Forum meet in Davos, to invest Rs 50,000 crore in the state over the next seven years.

On the second day of his visit to the WEF meet in the Swiss ski resort town, Bommai today held a series of meetings with industry captains from various countries.

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