Hero Future Energies to Create 3,000 Jobs with INR 11,000 Crore Investment in Karnataka
Key Ideas
- Hero Future Energies signed an MoU with the Government of Karnataka to invest INR 11,000 crore in renewable energy projects.
- The investment will focus on clean energy, green hydrogen, and its derivatives, creating nearly 3,000 jobs.
- Key government officials including the Hon’ble Minister for Large and Medium Industries were present during the signing of the agreement.
- The partnership aims to boost industrial development in Karnataka and contribute to the growth of the renewable energy sector.
Hero Future Energies has committed to investing INR 11,000 crore in renewable energy projects in Karnataka, India. The memorandum of understanding was signed with the Government of Karnataka and will prioritize initiatives related to clean energy, green hydrogen, and its derivatives. This significant investment is expected to generate around 3,000 jobs in the state. The agreement signing ceremony was attended by prominent figures including M.B. Patil, Hon’ble Minister for Large and Medium Industries and Infrastructure Development, and key officials from the Department of Commerce and Industries. The collaboration aims to drive industrial growth in Karnataka, furthering the state's position in the renewable energy sector. Hero Future Energies' focus on green hydrogen underscores the company's commitment to sustainable and eco-friendly energy solutions, aligning with global efforts towards reducing carbon emissions and promoting a cleaner environment.