ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt
Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.
The projects are expected to create 74,898 jobs. The major investment pacts include a Rs 52,000-crore green hydrogen and ammonia facility by ACME Green Hydrogen in Thoothukudi, a Rs 3,000-crore 4-giga watt (GW) cell and 4 GW solar module manufacturing unit by Tata Power, lithium ion Cell unit by Lucas TVS, and Chemicals and ceramic tile manufacturing facility by Aravind Ceramics.
