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Tamil Nadu Chief Minister seeks investments in power sector

The Indian state of Tamil Nadu one of the pioneers in renewable energy and the leader in Wind Energy with about 43% of the installed capacity in India has released a Solar Road map for the state in December last year.

Last month, Tamil Nadu Chief Minister J Jayalalithaa said that her government was proposing to bring out the “Vision Document 2025″ meeting the expectations of the industry leaders, she said.

“This document will contain clear-cut policies for promoting investments in infrastructure like power, ports, ship building. There will be special emphasis on renewable energy like solar power”, she said.

Since, Principal Industries Secretary, N. Sundradevan had said that Tamil Nadu was currently considering a number of new initiatives such as the sector specific industry policy to improve the investment climate and attract more Foreign Direct Investment and the first in line would be the launch of energy sector policy.

According to reports, the Tamil Nadu Chief Minister, Ms J. Jayalalithaa, a couple of days ago extended an invitation to “national and international investors” to set up power plants in the State. The Government of Tamil Nadu plans to enable addition of 23,140 MW of power generation capacity in the State over the next five years, the Chief Minister has said in a press release. The existing installed capacity is 10,237 MW, the release notes. The proposed additions are: 15,140 MW through thermal, 5,000 MW through wind and 3,000 MW through solar, it says. “My Government will provide an enabling environment to investors to set up their plants, on a fast-track mode,” Ms Jayalalithaa has said in the release.

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