Tag: solarcell

Tata power to invest Rs 3000 cr to set up solar cell

Monday, July 4, 2022
Indian power giant Tata Power on July 4 Monday announced that it has inked a pact with the Tamil Nadu government to invest Rs 3,000 crore for setting up a new facility to manufacture solar cells and modules in the Tirunelveli district of the state. Tata Power has signed a Memorandum of Understanding with the Tamil Nadu government to invest about ₹3,000 crores to set up a solar cell, module manufacturing unit in Tirunelveli, Tamil Nadu. Both 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 job opportunities, with the majority of workers in the workforce being female. The MoU was signed by S Krishnan, additional chief secretary to the government of Tamil Nadu, Industries Department, and Praveer Sinha, CEO & MD, Tata Power, in the presence of state chief minister M K Stalin and senior officials of the state Read more