1 Tata Power’s Arm, Secures Rs 455 crore Contract from Maharashtra State Power Generation Company Limited

Tata Power’s Arm, Secures Rs 455 crore Contract from Maharashtra State Power Generation Company Limited

TP Solar operates India’s largest single-location solar cell and module manufacturing plant in Tirunelveli, Tamil Nadu.

Tata Power’s Arm, Secures Rs 455 crore Contract from Maharashtra State Power Generation Company Limited

Mumbai, January 27, 2025: TP Solar Limited (TP Solar) a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL, a subsidiary of Tata Power) has signed a contract with the Maharashtra State Power Generation Company Limited (MSPGCL) to supply 300 MWp of ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project.

Valued at approximately Rs 455 crore, this milestone contract underscores TP Solar’s leadership as a trusted supplier of high-quality solar modules in India. The ALMM-certified modules will be delivered to multiple locations across Maharashtra in the current year. The award forms part of MSPGCL’s larger 750 MWp tender, which was finalized following a competitive e-Reverse Auction (eRA) process.

TP Solar operates India’s largest single-location solar cell and module manufacturing plant in Tirunelveli, Tamil Nadu. With a capacity of 4.3 gigawatts (GW) each for cells and modules, the state-of-the-art facility has been designed with open spaces to accommodate future expansion.

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Tata Power, through its subsidiary TPREL, has invested nearly Rs 4,300 crore to establish this plant, which marks a significant step towards indigenization in the solar value chain and achieving self-sufficiency in both solar cell and module manufacturing. Equipped with advanced TOPCon and Mono PERC technologies, the plant produces ALMM-certified modules as also DCR modules using India made Cells in this plant.

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This initiative aligns with the company’s commitment to supporting India’s vision for a Net-Zero carbon future with local manufacturing capabilities while reinforcing its leadership in the solar rooftop and utility-scale segments. This milestone collaboration underscores TP Solar’s dedication to driving innovation and excellence in renewable energy solutions. With a focus on advanced technology and sustainable practices, the company remains committed to contributing to India’s energy transformation, fostering progress, and building a greener future for all.

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