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Techno Electric & Engineering Company said it signed a Memorandum of Understanding (MoU) with Government of Tamil Nadu on 16 February 2020, for the proposed development of a 25 MW data center along with ITeS facility in Chennai. "Techno proposes to invest Rs 650 crore in the proposed project in the next 3 years," the company said in a filing issuing during market hours today, 17 February 2020. The scrip was down 1.56% at Rs 279.95 on the BSE. It traded in the range of 275.30 and 284.05 so far during the day. In the past three months, the stock has 31.05% while the benchmark Sensex has added 1...

For proposed investment of Rs 650 cr in development of date center in ChennaiTechno Electric & Engineering Company has signed a Memorandum of Understanding with Government of Tamil Nadu on 16 February 2021 for the proposed development of a 25 MW Data Center along with ITeS Facility in the city of Chennai. Techno proposes to invest Rs.650 crore in the proposed project in the next 3 years. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provi...