Hero Future Energies Private Limited (HFEPL) has entered into 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, to be made over two to three years starting in 2025-26, is expected to create around 3,000 jobs in Karnataka. HFEPL's leadership emphasized their commitment to decarbonization efforts beyond the grid, particularly in industries like transportation and heavy engineering manufacturing. The company aims to leverage its expertise in green hydrogen to provide decarbonization solutions globally. The MoU signing ceremony was attended by the Karnataka Government's Minister for Large and Medium Industries and Infrastructure Development, M.B. Patil. The collaboration aims to utilize Karnataka's renewable resources and green policies to drive sustainable industrial development. This initiative aligns with Karnataka's goal of attracting global investments and fostering technological advancements, preparing for the Global Investors Meet, Invest Karnataka 2025.