Tata Power signs MoU with Tamil Nadu for Rs 3,000 crore mega solar plant
Indian power giant Tata Power NSE 2.13 % has inked an MoU with the Tamil Nadu Government to invest around Rs 3,000 crores in a new 4GW solar cell and 4GW solar module manufacturing plant in District of Tirunelveli in Tamil Nadu.
Both the parties pledged to encourage the state’s shift to clean energy and employment. Investment in the facility will be made over a 16-month period that will result in the creation of more than 2,000 jobs opportunities, with the majority of workers in the workforce being female.
