The same is led by the success of the recently concluded global investors meet. The state’s high-level committee has also approved the three renewable energy companies and expectedly the work would start by March-April in the next year, said Basavaraj Bommai
The chief minister of Karnataka, Basavaraj Bommai said that areas such as renewable energy, hydrogen energy and production of ammonia from sea water, will expectedly receive a boost with a huge investment in coastal districts.
Karnataka may witness investments of nearly Rs 2 lakh crore in order to make their way to coastal regions of the state. The same is led by the success of the recently concluded global investors meet.
During the 3-day event which took place in the first week of November, the state successfully collected around 10 lakh crore rupees worth investments.
The preparations are pacing up in order to provide basic infrastructure for the production of energy. The state’s high-level committee has also approved the three renewable energy companies and expectedly the work would start by March-April in the next year, said Bommai while talking to reporters at the Bajpe International Airport in Mangaluru, on 19 November.
In the field of renewable energy production, Bommai highlighted the role of coastal areas and said that two important projects related to Hydrogen and Ammonia production will be introduced at international level in the Gulf and Mangaluru.
Noting the recent havoc created due to incessant rains delaying the repair works of Mangaluru-Bengaluru Highway, the minister said he will be meeting union surface transport minister Nitin Gadkari in Delhi and discuss the same.