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Sun, Wind, and a ₹5,000 Crore Surge: GAIL and Karnataka Spark India’s Next Clean Energy Boom

Updated: May 10, 2025 10:36

Image Source: ET EnergyWorld
GAIL (India) Ltd is set to supercharge Karnataka’s green energy ambitions with a massive ₹5,000 crore investment to develop 1 gigawatt (GW) of renewable energy capacity over the next five years. This landmark move, formalized through a fresh MoU with the Karnataka government, signals a major leap toward sustainable growth and climate leadership for the state.
 
Key Highlights:
  • Ambitious Scale: The initiative will see GAIL establish a diversified renewable energy portfolio in Karnataka, including ground-mounted, rooftop, and floating solar projects, alongside wind energy and storage solutions. The company is targeting a total of 1 GW capacity, a significant boost to the state’s clean energy landscape.
  • Fast-Track Implementation: GAIL will acquire land either by leasing directly from farmers or through the Karnataka Industrial Areas Development Board (KIADB), with the government promising swift approvals and concessions to expedite progress.
  • Strategic Expansion: With only 135 MW of renewables currently in its portfolio, GAIL aims to scale up rapidly, leveraging Karnataka’s robust ecosystem, skilled workforce, and landmark solar parks like Pavagada, which already generates 2,050 MW annually.
  • Economic and Social Impact: The project is expected to generate substantial employment and spur infrastructure development, reinforcing Karnataka’s status as a top destination for green investments and supporting its industrial growth.
  • Long-Term Vision: The partnership marks the beginning of a sustained collaboration to help Karnataka achieve its climate goals, with GAIL also seeking to reduce its own emissions footprint by 2035.
This bold investment positions Karnataka at the forefront of India’s renewable energy revolution, promising both economic growth and a cleaner, greener future.
 
Sources: Economic Times, Moneycontrol, Deccan Herald

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