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Tamil Nadu government signs MoU with Vikram Solar to set up Rs 15,037 cr BESS plant in Tirunelveli
Tamil Nadu government and Vikram Solar signed an MoU for a new plant. This facility will manufacture Battery Energy Storage Systems in Tirunelveli district. The significant investment will create over two thousand job opportunities for local residents. Vikram Solar already operates solar module manufacturing units within the state. This expansion deepens the company's commitment to green energy initiatives.
Sunsure Energy secures Rs 262 cr project financing from FMO, Axis Bank
Sunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing approximately Rs 71 crore. This marks FMO's debut in India's Group Captive C&I renewable energy sector, aiming to power commercial and industrial clients with clean energy.
Gold prices to stay elevated, volatile; Titan bullish on long-term growth
Gold prices are expected to remain "elevated and volatile" due to geopolitical tensions, Titan said, but expressed optimism about the long-term growth prospects of the jewellery market on favourable demographics and its safe-haven appeal. Despite these challenges, the "outlook in India remains positive" due to favourable demographics and the continued relevance of jewellery as a store of value; however, "short-term demand fluctuations may persist", Titan said in its annual report. "Gold prices are expected to remain elevated and volatile, given ongoing geopolitical developments and global conflicts leading to macroeconomic uncertainties," said Titan, a JV between Tata and the Tamil Nadu government. The Tata group-managed firm also said these macroeconomic uncertainties arising from geopolitical developments could lead to shifts in demand patterns across customer segments. "In this environment, there could be shifts in demand segments and the Division will continue to prioritise mar
Godrej Consumer expands pet care brand across south India, targets Rs 500 crore biz in three years
Godrej Consumer Products is aggressively expanding its pet food brand, Ninja, aiming for a Rs 500 crore valuation within three years. After a successful pilot in Tamil Nadu, the brand is launching in Andhra Pradesh, Telangana, and Karnataka, with pan-India plans by FY28.
NLC India inks MoU with Indian Oil Corporation
NLC India has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOCL) for the formation of a joint venture for the establishment of renewable energy power projects in Tamil Nadu.
NLC India, Indian Oil Corporation partner up for large-scale green energy projects
State-run NLC India Limited (NLCIL) has partnered with Indian Oil Corporation Limited (IOC) to form a joint venture focused on developing large-scale green energy projects in Tamil Nadu. This collaboration, formalized by a Memorandum of Understanding, aims to advance renewable energy initiatives including solar, wind, and storage solutions. The partnership signifies a strategic move for NLCIL's diversification into clean energy and contributes to India's sustainable development goals.
When Will Monsoon Arrive In Delhi? IMD Issues Alert For Rain In Tamil Nadu, Maharashtra, More — Region-Wise Forecast
Monsoon is expected to enter Delhi and the National Capital Region between June 25 and June 30, according to IMD. After Delhi, it is likely to enter Haryana, Punjab, Chandigarh, Himachal Pradesh, Ladakh and Jammu and Kashmir.
NHAI flags off asset monetisation for FY27
The National Highways Authority of India has started its asset monetisation drive for the current financial year. Bids were opened for two national highway stretches in Tamil Nadu. Epic Concesiones 2 Pvt Ltd emerged as the highest bidder for TOT-Bundle 19. NHAI aims to raise significant funds through asset monetisation in the coming years.
CM Vijay Awards Rs 50-Lakh Cheque To Praggnanandhaa Post Norway Win, Plays Chess With Him
Tamil Nadu CM Vijay felicitated R. Praggnanandhaa for winning Norway Chess 2026, awarding ₹50 lakh. The chess star became the first Indian champion, beating top players including Magnus Carlsen and D. Gukesh in a stellar campaign.
Marie Wilson In Focus: Meet Vijay's Pick For Turning Around Tamil Nadu's Finances
Tamil Nadu Governor Rajendra Vishwanath Arlekar and Chief Minister C Joseph Vijay felicitate TVK MLA N Marie Wilson, who took oath of office as Minister for Finance, Planning and Development during the swearing-in ceremony of the new cabinet ministers at the Lok Bhavan in Chennai on Thursday.
Tamil Nadu Ministries: Vijay Keeps Home Ministry, Finance Goes To Marie Wilson — Check Full List
Tamil Nadu Chief Minister C Joseph Vijay
Vodafone Idea to buy 26% in renewable energy unit for captive power utilisation
Vodafone Idea will invest ₹4.33 crore to acquire a 26% stake in MTK Quantum Green Energy as part of its strategy to source renewable energy for captive consumption. The green energy SPV is setting up a solar power plant in Tamil Nadu.