New Delhi, May 10: GAIL (India) Limited and Government of Karnataka signed a Memorandum of Understanding (MoU) to explore setting up of Renewable Energy projects of upto 1 Giga Watt (GW) in the State.
The MoU was signed in Bengaluru in the presence of M.B. Patil, Minister for Large and Medium Industries and Infrastructure Development, Government of Karnataka, and K. J. George, ble Minister for Energy, Government of Karnataka, by Dr. S. Selvakumar, Principal Secretary, Commerce & Industries Department, Government of Karnataka and Parivesh Chugh, Executive Director (SD & Renewables), GAIL.
Under the MoU, Government of Karnataka would facilitate GAIL to obtain necessary permissions/registrations/approvals/clearance/ incentives etc. from the concerned departments of the State, as per the prevailing policies/rules and regulations of the State Government. GAIL intends to set up Renewable Energy projects of upto 1 GW within a period of five years.
Speaking on the occasion, M.B. Patil said, “We welcome GAIL’s strategic interest in Karnataka. This MoU reaffirms our commitment to facilitating clean energy investments while driving industrial growth. Karnataka’s policy ecosystem, skilled workforce, and land availability make it a natural partner for companies focused on sustainability.”
K. J. George added, “As a leader in renewable energy, Karnataka is pleased to collaborate with GAIL in achieving India’s clean energy transition. This partnership will strengthen our state’s position as a green energy hub and contribute to employment generation and infrastructure development.”
