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Tata Power SED to invest Rs.500 crore

Tata Power SED to invest Rs.500 crore

Tata Power“s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company“s largest manufacturing unit set-up in the country.“