Vikram Solar inks MoU with TN

Vikram Solar, on Thursday, exchanged a MoU (memorandum of understanding) with the Government of Tamil Nadu to establish a new battery energy storage system (BESS) manufacturing facility at Gangaikondan, Tirunelveli, in the presence of the Chief Minister C. Joseph Vijay today. 

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With a proposed investment of Rs 15,037 crore, the facility is expected to create 2,670 jobs, a release said. 

The proposed facility, it is claimed, will mark a major step in strengthening Tamil Nadu’s next-generation clean energy manufacturing ecosystem.

The facility will complement the growing clean energy ecosystem at Gangaikondan and reinforce Tamil Nadu’s role in renewable energy, battery storage and future-ready advanced manufacturing. 

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