Tata Power to invest Rs 70,000 crore in Tamil Nadu; formal announcement on Monday
Tata Power on Sunday said it is looking to invest around Rs 70,000 crore to come up with a 10 gigawatt (GW) solar and wind units in Tamil Nadu over a period of five to seven years, the power major’s top executive said while addressing a press briefing at the Tamil Nadu Global Investors Meet (GIM) in Chennai.
A formal announcement is likely to happen on Monday, when a memorandum of understanding will be signed between the state government and Tata Power.
