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Home / Economy / News / ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

Chief Minister M K Stalin also lays foundation stone for 21 projects with an investment commitment of Rs 22,252 crore and employment potential for about 17,654 persons

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Tamil Nadu Chief Minister MK Stalin along with Tamil Nadu Minister for Department of Industries Thangam Thennarasu and industrialists during the 'Tamil Nadu - Investors' First Port of Call' Investment Conclave 2022

Shine Jacob Chennai

3 min read Last Updated : Jul 05 2022 | 1:30 AM IST

Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.

The projects are expected to create 74,898 jobs. The major investment pacts include a Rs 52,000-crore green hydrogen and ammonia facility by ACME Green Hydrogen in Thoothukudi, a Rs 3,000-crore 4-giga watt (GW) cell and 4 GW solar module manufacturing unit by Tata Power, lithium ion Cell unit by Lucas TVS, and Chemicals and ceramic tile manufacturing facility by Aravind Ceramics.

Chief Minister M K Stalin also laid the foundation stone for 21

Topics : Tamil Nadu mk stalin Power Sector ACME Solar Tata Power Solar M K Stalin Investment Employment DMK president