Sunsure Energy Limited has announced an investment of Rs 31.50 billion towards renewable energy initiatives in Tamil Nadu over the next three years.
Under a memorandum of understanding with the state government, the company is set to establish four new renewable energy projects with a combined capacity of 500 MW. The projects will be set up at various locations, including Tuticorin & Tirunelveli, Theni, and Tiruchirappall. The company plans to develop three solar power plants with capacities of 100 MW each and a wind power plant with capacity of 200 MW across Tamil Nadu.