WEF meet: ReNew Power signs MoU to invest Rs 50,000 cr in 7 years in Karnataka
Bengaluru, May 24: Renewable energy firm ReNew Power on Tuesday signed a Memorandum of Understanding (MoU) with the Karnataka government in the presence of Chief Minister Basavaraj Bommai, at the World Economic Forum meet in Davos, to invest Rs 50,000 crore in the state over the next seven years.
On the second day of his visit to the WEF meet in the Swiss ski resort town, Bommai today held a series of meetings with industry captains from various countries.
ReNew Power intends to set up production units in Renewable Energy, Battery Storage and Green Hydrogen with potential to create employment opportunities for 30,000 people, the Chief Minister's office said in a statement.
During the day, Bommai met Chairman and CEO of Bharti Enterprises Sunil Bharti Mittal.
Mittal has expressed keen interest to set up a 'Mega Data Centre' in the State, and the Chief Minister has assured all the support from the State government to make it a reality, the release said.
Gautam Adani, Chairman of Adani Group, also called on Bommai and discussed investment opportunities in Karnataka.
Industries Minister Murugesh Nirani, IT, BT Minister C N Ashwath Narayan, Additional Chief Secretary in the Department of Industries E V Ramana Reddy, CM's Principal Secretary N Manjunath and Commissioner in the department of Industries Gunjan Krishna were present at these meetings.
Nirani expressing happiness about meeting with Adani, in a tweet said, "The Adani Group had recently expressed interest to invest nearly Rs 50,000 crore in Karnataka which will boost the economy and create jobs."
The Industry Minister also shared information about the meeting with Volvo. "Volvo is known for their quality and precision engineering globally, among many other positive attributes. It was wonderful to dine with the CEO of Volvo, Mr. Martin Lundsedt today and understand how their drive for quality and precision has made them one of the most revered companies," he said in a tweet.
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BJP people 'gaddar', 'dramebaaz'; need to be removed from power: Kharge
New Delhi (PTI): Congress president Mallikarjun Kharge on Sunday launched a scathing attack on the BJP, saying those indulging in "vote chori" are "gaddars" and need to be removed from power to save the voting right and the Constitution.
Addressing the party's 'Vote Chor Gaddi Chhod' rally at the Ramlila Maidan here, Kharge said it is the duty of all Indians to unitedly strengthen Congress ideology as only this party can save the country.
He alleged that the RSS ideology will "finish the nation".
ALSO READ: Rally against "vote chori" to protect every citizen's right, says D K Shivakumar
"The BJP people are 'gaddars' (traitors) and 'dramebaaz' (indulge in theatrics). They need to be removed from power," Kharge said.
The Congress president also said that he did not go for his son's operation in Bengaluru and stayed to attend the rally as he thought it was important "to save 140 crore people".
#WATCH | Delhi | Congress President Mallikarjun Kharge says, "The leaders of the BJP only do drama...Some BJP leaders were questioning whether, after the Parliament session, Rahul Gandhi is going abroad. During the Parliament session, PM Modi never attends the session but goes… pic.twitter.com/DMa5nAyc3Z
— ANI (@ANI) December 14, 2025
