Karnataka Govt signs MoUs worth Rs 22,000 crore with 7 companies at WEF meet at Davos

Supply cuts by OPEC , costly shipments from some traditional Middle East suppliers and geopolitical tension is driving India, the world's third biggest oil importer, to diversify its crude sources and accelerate its energy transition

These were signed in the presence of the Chief Minister of Telangana, Revanth Reddy and the chairman of the Adani Group, Gautam Adani.