Hero Future Energies Private Limited (HFEPL) has signed a Memorandum of Understanding (MoU) with the Government of Karnataka in India to invest Rs 11,000 crore in setting up projects in Renewable Energy, Green Hydrogen, and its derivatives. This investment is expected to create nearly 3,000 jobs in Karnataka over the next two to three years starting in 2025-26. The company, under the leadership of Rahul Munjal, Chairman and MD, aims to expand its decarbonization efforts beyond the grid into industries like transportation and heavy engineering manufacturing, utilizing its 6 GW renewable energy portfolio. The partnership with Karnataka aligns with the state's progressive policies, abundant renewable resources, and focus on green innovation, providing an ideal setting for Hero Future Energies to pioneer decarbonization solutions. The MoU outlines the government's commitment to facilitating permissions, approvals, and incentives to ensure the timely establishment of the projects in accordance with state regulations. The collaboration not only showcases Karnataka as an attractive investment hub but also highlights the state's leadership in promoting green energy solutions and sustainable industrial development. The initiative was formalized during the London Roadshows, emphasizing Karnataka's dedication to attracting global investments and fostering technological advancements as part of its preparations for the Global Investors Meet, Invest Karnataka 2025.