Correct Answer : Option (C) - Tata Power
Tata Power on Monday(4th July 2022) 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 Tirunelveli district of the state.
"Tata Power, one of India's largest integrated power companies, has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government to invest approximately Rs 3,000 crore for setting up a greenfield 4GW solar cell and 4GW solar module manufacturing plant in Tirunelveli district of Tamil Nadu," a company statement said.
The investment in the plant will be made over a period of 16 months and will directly or indirectly create over 2,000 employment opportunities with majority of them for women, it informed.
The MoU was signed by
S Krishnan, additional chief secretary to 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..
Source : Business Standard
Published On : July 5, 2022
Category : Business and Economics