Don’t miss the latest developments in business and finance.

SunEdison to invest Rs 12,000-14,000 cr in Tamil Nadu

Plans to set up 2 GW of wind and solar projects

SunEdison to invest Rs 12,000-14,000 cr in Tamil Nadu
T E Narasimhan Chennai
Last Updated : Sep 09 2015 | 5:44 PM IST
Renewable energy major SunEdison has signed a MoU with Tamil Nadu government to invest over Rs 12,000-14,000 crore for setting up two Gigawatt (GW) of solar and wind projects.

The investment will spread over in five years.

Pashupathy Gopalan, SunEdison's President of Asia-Pacific and Sub-Saharan African, said that the company has committed to construct 15.2 GW of wind and solar projects in India, of which the company would develop 2 GW in Tamil Nadu.

The projects will be coming up at Virudunagar, Tuticorin, Tiruchy and Perambalumr in Tamil Nadu.

More From This Section

First Published: Sep 09 2015 | 5:36 PM IST

Next Story