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Tamil Nadu inks 14 MoUs worth ₹10,055 crore

Our Bureau Chennai | Updated on October 12, 2020 Published on October 12, 2020

JSW Renew Energy to invest ₹6,300 crore; the MoUs are likely to generate job opportunities for nearly 7,000 people

Tamil Nadu today signed 14 MoUs worth ₹10,055 crore in investments which are likely to generate employment opportunities for nearly 7,000 people. This fresh investment in the third quarter comes after Tamil Nadu had positioned itself as one of the top States in attracting investment during the Covid-19 pandemic.

Leading the table is JSW Renew Energy Ltd with an investment of ₹6,300 crore to set up a hybrid renewal project for 810 MW in Thoothukudi, Tenkasi, Thirunelveli and Thiruppur. It also plans to set up a 50 MW captive wind energy project in Rameshwaram district, according to State government sources.

Also read: Chhattisgarh tops the Q2 investment table with ₹35,771 crore worth projects

Some of the other companies that signed the MoUs include Mantra Data Center of Spain; Apollo Tyres (expansion); Greenbase Industrial Parks and Aosheng Hightech of Hong Kong.

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Published on October 12, 2020
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