Tata Power Solar Systems Limited had orders worth Rs 10,000 crore as of April 1, 2021. (Symbolic picture)
Tata Power Solar Systems Ltd has expanded the state-of-the-art manufacturing plant in Bengaluru. Now solar cell and module manufacturing capacity has doubled to 1,100 MW.
According to the company, now the total production capacity of the cell and module has increased to 1,100 MW. According to the statement, due to the significant increase in demand for solar modules and favorable policies of the government for self-reliant India, the plant has been expanded in view of the hope of further acceleration in the coming years.
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The company’s revenue reached Rs 2,353 crore.Tata Power’s solar equipment manufacturing plant in Bengaluru is the country’s premier integrated cell and module manufacturing plant. According to the financial income of December 2020, the company’s revenue was Rs 2,353 crore and by April 1, 2021, an order of Rs 10,000 crore was pending.
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Tata Power to set up 60 MW solar power plant for Gujarat Energy Corporation
Tata Power will set up a 60 megawatt solar power plant for Gujarat Energy Development Corporation (GUVNL). For this, the work order of the company has been received from GUVNL. This explainer has been for 25 years. In the tender held in January 2021, the company achieved this work order by placing the highest bidi. Construction of the plant is to be completed within 18 months from the date of the power purchase agreement. This information has been given by Dr. Praveer Sinha, CEO cum MD, Tata Power. According to him, this plant is expected to generate about 156 mega units of energy per year. This will reduce the amount of 156 million kilograms of carbon dioxide. With this project, Tata Power’s renewable capacity will increase to 4007 MW.