Ayana Renewable Power to invest Rs 120 billion in renewable energy projects in Karnataka

Ayana Renewable Power Private Limited is expanding its green energy business in Karnataka by setting up renewable energy projects totaling 2 GW capacity with an investment of around Rs 120 billion.

In this regard, the company has signed an expression of interest with the Karnataka government to develop wind and solar power projects. With the addition of 2 GW of green capacities, the company aims to to provide clean energy for nearly 2 million households. Currently, Ayana Renewable has an operational portfolio of 340 MW in the state.