Karnataka emerging as major energy hub, says Energy Minister KJ George
KJ George said on Thursday at the Global Investors’ Meet in Bengaluru.
Speaking at a panel discussion on «Australia-India Bilateral Opportunities for Global Market Needs in the Clean Energy and Green Economic Sectors,» he said, Karnataka was a land of opportunity, particularly in the renewable energy sector, and was actively seeking significant investments and advanced technologies.
The state is ready with the right policies to attract investments and establish itself as an energy hub. «While Kerala is known as God's Own Country, Karnataka is known for its God's own people and hospitality. I invite you to invest and become a part of Karnataka's growth story in the energy sector,» the minister said
“Karnataka is one of the top five states in the country with the highest installed capacity for renewable energy. The state ranks third in the country in terms of solar and wind power generation capacity. There are investment opportunities in the renewable energy sector, and Australian companies should come forward to invest in Karnataka," Additional Chief Secretary (Energy department) Gaurav Gupta said.
The partnership with Australia will not only facilitate technology transfer and collaboration but also explore bilateral investment opportunities that support mutual interests in these sectors and identify commercialization prospects in clean energy, renewables, and green hydrogen,” he added.
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