It has been reported that the Tamil Nadu government has attracted investments to the tune of 6 lakh crore rupees at the World Investors Conference.
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| global investment 2024 |
Investment in what projects in Tamil Nadu
The Tamil Nadu government has planned to attract investment worth Rs 5.50 lakh crore through the World Investors Conference 2024. The first day of the conference started yesterday.
Chief Minister Stalin, Union Industry and Commerce Minister Piyush Goyal, CEOs of various industrial companies and investors participated.
In the conference, various companies entered into a memorandum of understanding with the government to start business in the fields of Electronics and Green Power Project. It is reported that investments worth 6 lakh crore rupees have been attracted through this conference.
In the power sector, investments to the tune of Rs 1.35 lakh crore have been attracted.
In wind power project, 2,477 MW; 15,601 MW of Suryashakti power project is called 'Hybrid'. Investments have been attracted in wind and solar power projects at one location, 350 MW, totaling 18,428 MW in green power projects.
Through this, 32 companies are going to invest 1.25 lakh crore rupees. Apart from this, a company has contracted to implement a hydroelectric project of 1,600 MW capacity. Its value is Rs 10,000 crore.
A hydroelectric power plant is one where the water once used for power generation is taken back to the dam and used as per demand. MoUs are being signed with the investing companies this evening.