The Karnataka government, under Industries Minister MB Patil, is set to introduce a policy to enhance investment and business operations in the green energy sector. Patil emphasized the necessity of this policy to leverage investment and production prospects in the region. The state targets a substantial capital of Rs 45-50 crore and aims to generate five gigawatts of power through upcoming projects. During discussions with the Vision Group for Green Energy, it was suggested that a location near Mangaluru port, within a 20 km radius, would be favorable for green ammonia and hydrogen production. Patil stressed the importance of coordination between the Department of Large-Scale Industries and the Department of Power to meet renewable energy objectives. Additionally, plans for establishing green industrial parks are being considered to attract further investments. Avaada Energy's CEO, Krishna Nair, revealed a groundbreaking MoU with the state, amounting to Rs 45,000 crore for green hydrogen initiatives. Nair highlighted the potential for focusing on electrolyte and battery production if supported by appropriate government policies and incentives. Furthermore, with Karnataka's abundant sugarcane cultivation, there is a strategic push towards the production of green methanol and hydrogen. The state envisions a collaborative effort between industry stakeholders and investors to propel the green energy sector forward.