As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders in India’s solar manufacturing landscape.
The new 4.3 GW solar cell and module manufacturing plant is India’s largest single-location solar manufacturing facility, equipped with ability to make cutting-edge TOPCon and Mono Perc technologies. 0.3 GW is the cell making capacity. Designed to meet India’s growing renewable energy demand, it will produce high-efficiency solar cells and modules at a time when solar cells in particular remain in high demand, commanding premiums of over 80% on Chinese imports, thanks mainly to the DCR cell requirements mandated by the government. That translates to a sustained period of demand and ready buyers for its output for the new plant, which will of course seek buyers outside Tata Power as for its products.
For Tamil Nadu, the newest solar plant is a significant addition to its solar roster after Vikram Solar’s earlier plant setup near Chennai.
Speaking on the occasion, Dr. Praveer Sinha, CEO & MD, Tata Power, said: “We are immensely proud to launch this advanced solar manufacturing facility, which is a testament to Tata Power’s commitment to building a sustainable and self-reliant India. I would like to extend my heartfelt gratitude to our Honourable Chief Minister of Tamil Nadu, Thiru M.K. Stalin, for inaugurating Tata Power’s solar manufacturing plant. We are also deeply grateful to the Honourable Minister for Industries & Commerce, Thiru T.R.B. Rajaa, and other dignitaries for their presence and support. Not only does it showcase innovative technology, but it also plays a crucial role in community development by creating job opportunities, with 80% of the workforce comprising women. We look forward to continuing our contribution to Tamil Nadu’s economic growth and India’s clean energy transition.”
