Hero Future Energies Private Limited (HFEPL) has 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 in the state. The investment is part of HFEPL's efforts to expand decarbonization initiatives into industries like transportation and heavy engineering manufacturing. The projects are set to commence in 2025-26 and are estimated to generate around 3,000 jobs in Karnataka. The company's leadership emphasized the importance of transitioning to clean energy and highlighted India's potential as a major exporter of clean energy. The collaboration between HFEPL and the Karnataka Government aims to leverage the state's progressive policies and focus on green innovation to drive the vision of decarbonization solutions from India to the global market. The signing ceremony, attended by key officials including the Minister for Large and Medium Industries and Infrastructure Development of Karnataka, signifies the state's commitment to attracting investments and promoting technological advancements. This partnership is a significant step towards creating a competitive and digitally advanced industrial ecosystem in Karnataka, in preparation for the Global Investors Meet, Invest Karnataka 2025.