Tata Power Renewable Energy Plans Rs 708 Bn Investment in Tamil Nadu
POWER & RENEWABLE ENERGY

Tata Power Renewable Energy Plans Rs 708 Bn Investment in Tamil Nadu

Tata Power Renewable Energy (TPREL) has unveiled plans for a noteworthy investment of Rs 708 billion in Tamil Nadu, signalling a substantial commitment to ramping up renewable energy capacity in the state. The investment details are outlined in two Memorandums of Understanding (MoUs), solidifying TPREL's dedication to significant renewable energy expansion over the next five to seven years.

Under the first MoU, TPREL aims to invest Rs 550 billion to develop solar and wind projects in Tamil Nadu. This initiative is expected to contribute significantly to the state's renewable energy capacity, aligning with broader sustainability goals.

The second MoU outlines an investment of Rs 158 billion for the manufacturing of solar modules, cells, and other components in Tamil Nadu. This move represents a strategic step towards boosting the domestic manufacturing ecosystem and supporting the growth of India's renewable energy industry.

TPREL's substantial investment reflects confidence in the potential of Tamil Nadu as a key hub for renewable energy development and manufacturing. The planned projects and manufacturing facilities are poised to contribute not only to the state's energy transition but also to job creation and economic growth.

As TPREL solidifies its commitment to Tamil Nadu, this investment stands as a significant milestone in advancing India's renewable energy landscape. The infusion of funds and the development of renewable projects underscore the company's role as a major player in India's sustainable energy journey.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Tata Power Renewable Energy (TPREL) has unveiled plans for a noteworthy investment of Rs 708 billion in Tamil Nadu, signalling a substantial commitment to ramping up renewable energy capacity in the state. The investment details are outlined in two Memorandums of Understanding (MoUs), solidifying TPREL's dedication to significant renewable energy expansion over the next five to seven years. Under the first MoU, TPREL aims to invest Rs 550 billion to develop solar and wind projects in Tamil Nadu. This initiative is expected to contribute significantly to the state's renewable energy capacity, aligning with broader sustainability goals. The second MoU outlines an investment of Rs 158 billion for the manufacturing of solar modules, cells, and other components in Tamil Nadu. This move represents a strategic step towards boosting the domestic manufacturing ecosystem and supporting the growth of India's renewable energy industry. TPREL's substantial investment reflects confidence in the potential of Tamil Nadu as a key hub for renewable energy development and manufacturing. The planned projects and manufacturing facilities are poised to contribute not only to the state's energy transition but also to job creation and economic growth. As TPREL solidifies its commitment to Tamil Nadu, this investment stands as a significant milestone in advancing India's renewable energy landscape. The infusion of funds and the development of renewable projects underscore the company's role as a major player in India's sustainable energy journey.

Next Story
Infrastructure Transport

Telangana CM Seeks Regional Ring Road and Rail Support for Hyderabad

Telangana Chief Minister A. Revanth Reddy has appealed to Prime Minister Narendra Modi to approve the Regional Ring Road (RRR) and the proposed 'regional ring rail' to facilitate Hyderabad's transformation into a global city. Speaking at the launch of UNIKA, the autobiography of former Maharashtra Governor Ch. Vidyasagar Rao, Reddy emphasised the need for federal cooperation to propel Telangana toward becoming a $1 trillion economy. Reddy highlighted Hyderabad’s contribution of 60% to Telangana’s income and sought Union support for key initiatives, including a dry port and the expedited c..

Next Story
Infrastructure Urban

PM Modi to Commission Three Naval Combatants, Inaugurate ISKCON Temple

Prime Minister Narendra Modi is set to dedicate three advanced naval combatants—INS Surat, INS Nilgiri, and INS Vaghsheer—during their commissioning ceremony at the Naval Dockyard in Mumbai. Additionally, he will inaugurate the Sri Sri Radha Madanmohanji Temple, an ISKCON project, in Kharghar, Navi Mumbai, as part of his visit to Maharashtra, according to a statement from the Prime Minister’s Office (PMO). The commissioning of these naval assets is a significant milestone in India’s journey toward becoming a global leader in defence manufacturing and maritime security. INS Surat, the f..

Next Story
Infrastructure Transport

Navi Mumbai Airport to Ease General Congestion at Mumbai Airport

Mumbai’s growing aviation congestion has prompted plans to relocate most business jets, turboprops, and charter aircraft from the city’s airport to Navi Mumbai International Airport (NMIA) by year-end. Currently, these aircraft are parked in general aviation bays off the main runway of Mumbai Airport. A spokesperson for Adani Airports Holdings Ltd confirmed that NMIA, set to commence operations in 2025, will feature advanced infrastructure, including dedicated hangars for private and charter aircraft. The transition aims to create additional aeronautical assets at Mumbai Airport, which wi..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000