Advertisement
Tata Power is preparing to finalise a 10 GW wafer and ingot project, estimated at INR 6,500 crore, by January next year. The company is in discussions with multiple states, including Odisha, Tamil Nadu, and Andhra Pradesh, evaluating policies and incentives before deciding the site. The plant will complete Tata Power�s solar manufacturing integration, covering wafers, ingots, cells, and modules. The company, with a diversified 15.9 GW portfolio in thermal, solar, and wind, is also exploring entry into nuclear energy through small modular reactors (SMRs).
Tata Power is moving ahead with plans to establish a 10 GW wafer and ingot plant, with an estimated investment of INR 6,500 crore. The company?s CEO and MD, Praveer Sinha, mentioned that the location will be decided soon as discussions with multiple states continue. Advertisement
The project is part of Tata Power?s backward integration strategy, aimed at strengthening its solar manufacturing capabilities. The company already produces modules and cells, but the new facility will enable it to produce ingots and wafers, completing the solar production chain.
Sinha noted that the company will provide clarity on the project in the last quarter of FY26 and plans to make an official announcement in January. Locations under consideration include Odisha, Tamil Nadu, and Andhra Pradesh. The decision will factor in state policies, incentives, and support for renewable energy manufacturing.
Tata Power?s existing portfolio spans 15.9 GW across thermal, solar, and wind, establishing it as one of India?s leading integrated power companies. Alongside its renewable energy ambitions, the company is exploring opportunities in the nuclear sector. It intends to set up small modular reactor (SMR) projects with capacities ranging from 20 to 50 MW once legal amendments allow private participation in nuclear energy.
The establishment of the wafer and ingot plant will position Tata Power as a fully integrated player in the solar energy sector, capable of controlling production from wafers to modules. This integration is expected to enhance operational efficiency and reduce reliance on external suppliers, reinforcing the company?s long-term growth strategy in clean energy.
Source PTI
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
