In a bit to achieve its goal to have net-zero emissions by 2034, GAIL (Gas Authority of India Limited) is including renewable energy projects in its plan. As part of this, it signed a memorandum of understanding (MoU) with the Karnataka government on Friday to explore the setting up of renewable energy projects of up to 1 GW (gigawatt) in the state.
Present on the occasion were MB Patil, Karnataka’s Minister for Large and Medium Industries and Infrastructure Development; KJ George, Karnataka’s Minister for Energy; S Selvakumar, Principal Secretary in the state’s Commerce and Industries Department; and GAIL Executive Director (SD and Renewables) Parivesh Chugh.
“Under the MoU, the 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 up to 1 GW within a period of five years,” the company said in a statement, though it did not disclose the financial details of the project.
MB Patil, the state’s Minister for Large and Medium Industries and Infrastructure Development welcomed the collaboration and reiterated the government’s commitment to transitioning to clean energy. “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”, he said.
“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,” added KJ George.
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