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Tata Power Inks Agreement With Tamil Nadu Government To Set Up Rs. 3000 Cr. Plant

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Tata Power today announced that is has entered into an agreement with the government of Tamil Nadu for investing Rs. 3000 crore to set up a new plant for manufacturing solar cells and modules in Tirunelveli district of the state.

 
Tata Power Inks Agreement With Tamil Nadu Government To Set Up Rs. 3K Cr. Plant

"Tata Power, one of India's largest integrated power companies, has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest approximately Rs 3,000 crore for setting up a greenfield 4GW solar cell and 4GW solar module manufacturing plant in Tirunelveli district of Tamil Nadu," a company statement said.

As per the agreement, both the entities will work to push clean energy transition as well as employment generation in the state. The investment in the plant has to happen over a period of more than 16 months and also shall lead to employment generation with majority of them for women.Tata Power today announced that is has entered into an agreement with the government of Tamil Nadu for investing Rs. 3000 crore to set up a new plant for manufacturing solar cells and modules in Tirunelveli district of the state.

"Tata Power, one of India's largest integrated power companies, has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest approximately Rs 3,000 crore for setting up a greenfield 4GW solar cell and 4GW solar module manufacturing plant in Tirunelveli district of Tamil Nadu," a company statement said.
As per the agreement, both the entities will work to push clean energy transition as well as employment generation in the state. The investment in the plant has to happen over a period of more than 16 months and also shall lead to employment generation with majority of them for women.
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Read more about: tata power
Story first published: Monday, July 4, 2022, 21:49 [IST]
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