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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.