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Ayana could Invest Rs 12,000 Cr for Renewable Energy Projects in Karnataka

Ayana Renewable Power Private Limited has signed an Expression of Interest (EoI) with Karnataka Government to invest Rs 12,000 crore in wind and solar power projects.

The total capacity of these new projects in the state will be 2 GW, which will be enough to meet the energy requirements of approximately 2 million households according to Ayana.

Ayana Renewable is funded by National Investment and Infrastructure Fund (NIIF), and already has a portfolio of 340 MW in Karnataka.