Tamil Nadu Signs ₹150.37 Billion BESS Manufacturing MoU with Vikram Solar 

The new BESS manufacturing plant will strengthen Tamil Nadu’s renewable energy manufacturing ecosystem and boost domestic energy storage production. 

The Tamil Nadu government has signed a memorandum of understanding (MoU) with Vikram Solar Limited to establish a Battery Energy Storage Systems (BESS) manufacturing facility at the SIPCOT Industrial Park in Gangaikondan, Tirunelveli district.

The project will involve an investment of ₹150.37 billion and is expected to generate employment for around 2,670 people, further strengthening the state’s position as a hub for renewable energy and advanced manufacturing.

The agreement was signed between the state’s Industries, Investment Promotion and Commerce Department and Vikram Solar in the presence of Tamil Nadu Chief Minister C. Joseph Vijay at the Secretariat in Chennai.

Vikram Solar already has a significant manufacturing presence in Tamil Nadu, operating solar photovoltaic (PV) module production facilities at Oragadam and Vallam. The company has also established an integrated manufacturing unit for solar PV cells and modules at Gangaikondan.

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The proposed BESS facility marks an expansion of the company’s clean energy manufacturing portfolio and is expected to support the growing demand for energy storage solutions alongside renewable power deployment.

The MoU signing ceremony was attended by industries minister S. Keerthana, chief secretary M. Sai Kumar, additional chief secretary S. Vijayakumar, Guidance Tamil Nadu managing director and CEO Deepak Jacob, Vikram Solar chairman and managing director Gyanesh Chaudhary, CEO Arun Mittal, director (capital investments) Ashwini Agarwal, advisor to the board J.S. Bajaj, along with senior government officials.

The investment reinforces Tamil Nadu’s efforts to attract large-scale clean energy manufacturing projects while expanding domestic battery energy storage production to support India’s energy transition.

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Nikita Kumari
Nikita Kumari
Nikita Kumari is a Journalist at EFY. She decodes deals, investments, and policy shifts, redefining the semiconductor and tech landscape.

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