TATAPOWERNSETata Power Company Limited· PowerMediumPositive
Announced Mon, 9 Jun · 20:21 IST

Tata Power Company Limited has informed the Exchange regarding a press release dated Jun 09, 2025, titled "Tata Power's Solar manufacturing arm (TP Solar Limited) crosses 4 GW of solar module production at its Tamil Nadu Facility".

TATAPOWER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tata Power's solar manufacturing arm, TP Solar Limited, has crossed the 4 GW cumulative solar module production mark at its Tamil Nadu plant, having produced 4,049 MW of modules and 1,441 MW of solar cells up to May 31, 2025. The facility has a rated capacity of 4.3 GW, expected to be fully realized in FY26, with FY26 production targets set at 3.7 GW of solar cells and 3.725 GW of modules. The plant manufactures next-generation Mono PERC and TopCon modules using automated and AI-driven technologies, complies with Domestic Content Requirement (DCR) norms, and supplies panels for Tata Power's utility-scale, hybrid, and rooftop projects as well as third-party installations. The facility also has over 80% women on its shop floor and follows green building principles. TPREL additionally operates a 682 MW module and 530 MW cell plant in Bengaluru at full capacity.

Likely market impact

Positive for shareholders — this milestone strengthens Tata Power's position as one of India's largest vertically integrated solar players, boosts revenue visibility from the manufacturing segment, and aligns with India's 500 GW non-fossil fuel target by 2030. Investors may view the capacity ramp-up favorably as it reduces import dependency and supports long-term clean energy growth.