TN Industrial Housing, Tata sign pact for Gangaikondan SIPCOT
Facility in Tirunelveli established at a cost of Rs 40 crore to benefit working women
State Industries Minister T R B Rajaa exchanged MoU Tamil Nadu Industrial Housing Pvt Ltd and Tata Power Solar Ltd
CHENNAI: A Memorandum of Understanding (MoU) was exchanged between Tamil Nadu Industrial Housing Pvt Ltd (TNIHPL) and Tata Power Solar Ltd (TPSL) for the allocation of 500 beds in the industrial housing facility at the SIPCOT industrial park in Gangaikondan in Tirunelveli.
The MoU was exchanged in the presence of State Industries, Investment Promotions & Commerce Department Minister TRB Rajaa at the State secretariat on Thursday morning.
The industrial housing facility in Gangaikondan has been established at an estimated cost of Rs 40 crore to cater to the needs of industrial working women in the park.
The facility developed with a built-up area of 120,398 sq ft with 145 rooms (870 beds) on six acres of land, furnished with a cot and mattress, working table/chair and wardrobe.
The facility has also been equipped with kitchen and dining facilities, an outdoor play area, workers' room and recreation halls on each floor, laundry rooms, a drying area and a medical room.
The State government announced in the 2023-24 budget that an industrial housing facility would be established at the SIPCOT Industrial Park in Gangaikondan at an estimated cost of Rs 50 Crores to accommodate 1,500 employees by TNIHPL, a special purpose vehicle formed jointly with SIPCOT, TNIFMC and TIDEL in 2022 to provide safe, secure, and affordable housing facilities for industrial workers at SIPCOT Industrial Parks and other places in the State.
TNIHPL is developing five Industrial housing facilities within SIPCOT Industrial Parks in Siruseri (807 beds), Gangaikondan (870 beds), Shoolagiri (1495 beds), Irungattukottai (801 beds) and Cheyyar (441 beds) with a total capacity of 4,414 beds at a project cost of Rs 204.54 crore. M/s. TPSL has established a Solar PV cell and module manufacturing facility on 313.53 acres of land at SIPCOT Industrial Park, Gangaikondan, with an investment of Rs. 4,300 crore and the creation of 3,000 jobs.
The company commenced operations, and about 80 % of the employees are women, the release said. M/s.TPSL agrees to provide the firm commitment of lease for 500 beds from the date of occupation of this facility to accommodate its women employees, it added.
SIPCOT executive director and managing director of TNIHPL D Sneha, Chief Human Resources Officer of Tata Power Renewables Anupama Ratta and TPSL’s Chief Executive Officer Balaji Parthasarathy were present during the exchange of the MoUs.
