Chidambaranar Port, TANGEDCO ink pact to upgrade coal jetties to handle 24 mn tonnes
The Dollar Business Bureau One of the top major ports in the country, the VO Chidambaranar (VOC) Port and Tamil Nadu’s Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) inked an agreement today to increase the capacities of two coal jetties at the port four-fold to 24 million tonnes for Rs 800 crore. The pact will upgrade two coal jetties at VOC Port - Jetty I and II -- from 6.25 MTPA (million tonne per annum) to 24 MTPA. The Ministry of Shipping in a press a statement said: "The VOCP Trust signed a Memorandum of Understanding with Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for the upgradation of Coal Jetty I and II.” The Minister for Shipping Nitin Gadkari said that coal ...
Adani Group to set up solar park in Tamil Nadu for Rs 4,536 crore
Source: PTI Business conglomerate Adani Group has proposed to set up a solar park in Tamil Nadu tipped to be among the world's largest at an outlay of Rs 4,536 crore. State-run TANGEDCO (Tamil Nadu Generation and Distribution Corporation) and Adani Group signed an agreement today in the presence of Chief Minster J Jayalalithaa. "Adani Group has proposed to set up five solar power generation centres with a total capacity of 648 MW in Ramanathapuram district of Tamil Nadu at an investment of Rs 4,536 crore", an official statement said. The power generated from the plant would be purchased at a price of Rs 7.01 per unit by the government. Adani Group MD Rajesh Adani while explaining about the project said ...
