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Tata Power on Thursday said that its arm Tata Power Renewable Energy will invest Rs 6,500 crore in a photovoltaic ingot and wafer manufacturing facility of up to 10 GW capacity. The production of ingot and wafer will support the company's backward integration, the company said in an exchange filing. The Board of Directors of Tata Power Renewable Energy Limited (TPREL), a subsidiary of the company, approved the proposal to adopt a new line of business, photovoltaic (PV) ingot and wafer manufacturing. The proposed new line of business falls under upstream solar photovoltaic (PV) manufacturing, specifically PV Ingot and wafer manufacturing. This segment represents a critical part of the solar value chain, supplying key inputs for downstream cell and module manufacturing. The foray into ingot and wafer manufacturing supports backward integration, reduces dependence on imports (currently dominated by China), and positions the company to benefit from India's policy-driven push towards ...
Integrated power firm Tata Power on Wednesday said the company has resumed operations at Mundra Plant with an installed capacity of 4,150 MW, after a gap of almost nine months. The company had suspended operations at all units of Mundra plant on July 2, 2025 and has been suffering losses due to temporary closure of the plant. "With reference to the temporary suspension of company operations of its units located at Mundra, we hereby inform you that the company has resumed its operations at Mundra Plant with an installed capacity of 4,150 MW," it said in a regulatory filing. Last month, Tata Power informed bourses that its arm Coastal Gujarat Power Ltd (CGPL), which operates Mundra plant, has signed supplementary power purchase agreements (PPA) with GUVNL (Gujarat). According to the regulatory filing, the company had to ink PPAs with Maharashtra, Rajasthan, Punjab, and Haryana. The company has been incurring losses due to closure of units at Tata Mundra plant, which is run by its ar
Tata Power on Wednesday announced the commissioning of two transmission lines - 400 Kilovolt (Kv) TandaGonda and 400kV GondaBasti double-circuit line spanning 154 circuit kilometres (Ckm) in Uttar Pradesh. With this milestone, the company has now commissioned all Extra High Voltage (EHV) transmission lines and substations under the South East UP Power Transmission Company Limited (SEUPPTCL) project, a company statement said. According to the statement, the network now comprises three 765 kV lines comprising 951 Ckm, fourteen 400 kV lines comprising 566 Ckm, and three 765/400 kV substations with 3460 MVA transformation capacity across the state. The commissioning of four transmission assets namely 765 kV MainpuriBara Single Circuit Line, 765 kV MainpuriUnnao Single Circuit Line, 400 kV TandaGonda and 400Kv Gonda-Basti double-circuit line will enable the safe and reliable evacuation of over 4,000 MW of thermal power generated within Uttar Pradesh. With the commissioning of these ...