Hero Future Energies Private Limited (HFEPL) signed a Memorandum of Understanding (MoU) with the Government of Karnataka to invest Rs 11,000 crore in setting up projects in Renewable Energy, Green Hydrogen, and its derivatives. The investment will be made over a period of two to three years starting in 2025-26 and is expected to create around 3,000 jobs in Karnataka. HFEPL aims to expand decarbonization efforts into industries like transportation and heavy engineering manufacturing. The collaboration reinforces Karnataka's position as a preferred investment destination with a focus on green energy solutions and sustainable industrial development. The Karnataka government will facilitate the necessary permissions, approvals, and incentives for the projects to be established in a timely manner. This initiative is part of the state's preparations for the Global Investors Meet, Invest Karnataka 2025, showcasing its commitment to creating a competitive industrial ecosystem and attracting global investments.