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Tamil Nadu has secured another major clean energy investment with Vikram Solar signing an agreement to establish a Battery Energy Storage Systems (BESS) manufacturing plant at SIPCOT Industrial Park in Gangaikondan, Tirunelveli district. The INR 15,037 crore project is expected to generate 2,670 direct and indirect jobs while strengthening the state's renewable energy manufacturing ecosystem. The investment builds on Vikram Solar's existing manufacturing footprint in Tamil Nadu and reflects the state's continued focus on attracting large-scale green energy and advanced manufacturing projects.
The Tamil Nadu government has signed a Memorandum of Understanding (MoU) with solar energy solutions provider Vikram Solar to establish a Battery Energy Storage Systems (BESS) manufacturing plant at the SIPCOT Industrial Park in Gangaikondan, Tirunelveli district. The project will be developed with an investment of INR 15,037 crore and is expected to create employment opportunities for around 2,670 people, including both direct and indirect jobs.
The agreement was signed at the Secretariat in the presence of Chief Minister C. Joseph Vijay during an event organised by the Department of Industries, Investment Promotion and Commerce. The move is part of the Tamil Nadu government's ongoing efforts to attract large investments in advanced manufacturing and clean energy sectors.
Vikram Solar was represented at the signing ceremony by its Chairman and Managing Director Gyanesh Chaudhary, Chief Executive Officer Arun Mittal and Capital Investment Project Director Ashwini Agarwal.
The proposed facility will focus on manufacturing Battery Energy Storage Systems, which are becoming increasingly important for integrating renewable energy into power grids, improving grid stability and supporting large-scale energy storage requirements. As India expands its renewable energy capacity, battery storage infrastructure is expected to play a key role in balancing power supply and demand.
The latest investment further strengthens Vikram Solar's manufacturing presence in Tamil Nadu. The company already operates two Solar Photovoltaic (PV) module manufacturing facilities at Oragadam and Vallam. It has also established an integrated manufacturing complex for solar PV cells and modules at Gangaikondan, where the new battery storage manufacturing plant will be located.
The expansion into Battery Energy Storage Systems marks another phase of Vikram Solar's investment in the state and reflects its continued focus on strengthening domestic manufacturing for clean energy technologies. The company has been expanding its manufacturing capacity in line with the growing demand for solar equipment and energy storage solutions driven by India's renewable energy targets and production-linked manufacturing initiatives.
According to the state government, the new project highlights Tamil Nadu's strong industrial ecosystem and its position as a preferred destination for investments in renewable energy, electronics and advanced manufacturing. The state has consistently attracted investments across electric vehicles, battery manufacturing, semiconductors and clean energy as part of its broader industrial development strategy.
Tamil Nadu Industries Minister S. Keerthana, Chief Secretary M. Saikumar, senior government officials and corporate representatives were also present during the MoU signing ceremony.
Source PTI
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