News Brief
Karnataka: Tata Power Doubles Production Capacity Of Solar Cells And Modules Of Its Bengaluru Facility To 1,100 MW
A shop floor of solar cells and panels in Bangalore, India. (Hemant Mishra/Mint via GettyImages)
Tata Power Solar Systems Limited, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, on Wednesday (7 April) announced a significant expansion of its state-of-the-art manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW.
The expansion is based on the significant increase in demand that the company has seen for its solar modules, as well as the expected increase in demand due to supportive policy steps announced recently by the Government of India for creating ‘Atmanirbhar Bharat’, the company said in a statement.
The company expanded its manufacturing capacity of Cell in Bengaluru facility from 300 MW to 530 MW with Mono PERC and Module from 400 MW to 580 MW with Mono PERC Half cut technology.
Commenting on the expansion, Dr Praveer Sinha, CEO and MD, Tata Power said, “We are happy to expand our production capacity to meet the increased demand for our products. Our 31 years of strong experience in providing high quality solar products with continuous involvement in new technology has helped us to maintain leadership position in both solar manufacturing and EPC services.”
This comes in the backdrop of the Union cabinet on Wednesday (7 April) approving Production Linked Incentive (PLI) Scheme 'National Programme on High Efficiency Solar PV (Photovoltaic) Modules' with an outlay of Rs 4,500 crore.
This scheme is estimated to create an additional 10,000 MW capacity of integrated solar PV manufacturing plants with an investment of around Rs 17,200 crore.
Also, around 1.5 lakh employment opportunities are estimated to be created along with an import substitution of almost Rs 17,500 crore every year.
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