Leading global and domestic firms committed to large-scale projects at the Global Investors’ Meet: Invest Karnataka 2025 with a significant influx of investments across renewable energy.

Among the biggest announcements, JSW Neo Energy Ltd pledged Rs 56,000 crore for solar and wind energy projects, battery storage, blade manufacturing, and a wind turbine generator plant, making it the highest investment among the top 20. 

Sajjan Jindal announced that the Jindal Group will invest over Rs 1 lakh crore in Karnataka in the coming years. Of this, Rs 45,000 crore will go into steel production, while Rs 56,000 crore will be channelled into hospitality, solar energy, green hydrogen and other eco-friendly ventures, he said.

Tata Power Renewable Energy Ltd and ReNew Pvt Ltd committed Rs 50,000 crore each for renewable energy projects. 

Other major investments in the sector included Rs 43,975 crore from Serentica Renewables India Pvt Ltd and Rs 35,000 crore from Mahindra Susten Pvt Ltd.

Anand Mahindra, chairman of the Mahindra Group said the investment “will be allocated to renewable energy, with plans to develop over 5 gigawatts of solar and hybrid projects. This initiative is expected to generate 6,000 to 8,000 new jobs, making Karnataka a key hub for clean energy solutions.”