TPREL Signs MoU With Government of Tamil Nadu to Accelerate India’s Clean Energy Transition
Under the MoU, the Company plans to explore opportunities to develop 10,000 MW of Renewable Energy Power Projects and to set up 4 GW of Solar Cell and Solar modules.
January 10, 2024. By News Bureau
The signing ceremony took place at Chennai Trade Centre, Chennai in the presence of key representatives from both the Government of Tamil Nadu and the Company. This collaboration is poised to contribute significantly to the renewable energy sector’s growth and further solidify the state’s position as a hub for clean and sustainable energy.
Under the first MoU, the Company plans to explore opportunities to develop 10,000 MW of Renewable Energy Power Projects across solar, wind, hybrid, RTC, peak, Firm and Dispatchable Renewable Energy (FDRE), etc. over the next five to seven years. Under this MoU, these renewable projects will be strategically located across nearly 50,000 acres of land in Tamil Nadu with investment potential of nearly Rs 70,000 crs, potentially generating around 3,000 green job opportunities and transforming adjoining areas into employment hubs.
The second MoU signing highlights the Company’s commitment to further increase its investment in the existing MoU, to set up 4 GW of Solar Cell and Solar modules, with an investment of Rs 3000 crore, in two phases in Gangaikondan in Tirunelveli District of Tamil Nadu.
The expansion will include the upgradation of the infrastructure and setting up of additional 300 MW each of cell and module line using the latest TOPCon technology, bringing the total plant capacity to 4.3GW. As per the new MoU, this project will entail an additional investment of Rs. 800 crores over the next two years.
The investment plan by Tata Power reflects the shared commitment with Government of Tamil Nadu to drive economic growth, employment, and environmental sustainability through the renewable and clean energy projects in the State.
please contact: firstname.lastname@example.org.
September 24, 2024
2024 Solar PV & Energy Storage World Expo
August 08, 2024
SNEC 17th (2024) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition
June 04, 2024
Net Zero Tech
June 05, 2024
April 26, 2024
CEO & CTO
Fuji Electric India launched PV1500 series central inverters for large-scale solar plants
Vice President and Country Managing Director-India
First Solar has created approximately 1000 high-skilled jobs at our India facility
Prasanna Kumar Motupalli
Chairman & MD
NLCIL is targeting to increase to about 6 GW Renewable Energy Capacity by 2030
Chairman and MD
EKI has been at the forefront of driving awareness of green hydrogen and green ammonia