Tata Power to set up mega solar manufacturing plant in Tamil Nadu
By EPR Magazine Editorial July 5, 2022 6:00 pm IST
By EPR Magazine Editorial July 5, 2022 6:00 pm IST
Tata Power, one of India’s largest integrated power companies, has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approx. INR 3,000 crores for setting up a greenfield 4GW Solar Cell and 4GW Solar Module manufacturing plant in Tirunelveli District of Tamil Nadu.
The MoU outlines the commitment made by both parties to stimulate clean energy transition and employment in the state. The investment in the plant will be made over a period of 16 months and will directly or indirectly create over 2000 employment opportunities with the majority of them being women employees.
The MoU was signed by Thiru S. Krishnan IAS, Additional Chief Secretary to Government of Tamil Nadu, Industries Department, and Dr. Praveer Sinha, CEO & MD, Tata Power in the presence of Honourable Chief Minister of Tamil Nadu, Thiru M. K. Stalin and other senior officials of the state during the Tamil Nadu Investors’ First Port of Call, Investment Conclave 2022.
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