14 MoUs worth ₹10,000 crores signed by Tamil Nadu CM

  • On Monday, Tamil Nadu Chief Minister Palaniswami signed 14 MoUs with private companies thereby attracting an investment of ₹10,055 crores, the investment boasts of generating employment for more than 7000 people.

  • The companies that have signed the MoUs on Monday included JSW Renewable Energy Ltd for a renewable energy project worth Rs 6,300 crore, Green Base Industrial Parks for a Rs 750 crore logistics park, Mantra Data Centres for a Rs 750 crore data centre, and Apollo Tyres for tyre production expansion at an expenditure of Rs 505 crore.

  • The government said that a total of 42 MoUs were signed between April and September 2020, involving an investment of Rs 31,464 crore.

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