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Green investments set to add spark to Tata Power, but challenges remain

This underlines Tata Power's ambitions to lead India's renewable energy or RE transition

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Photo: Bloomberg

Devangshu Datta

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Tata Power’s share saw a sharp upturn after commercial production for 2 Gw of solar cells was rolled out at the manufacturing facility of TP Solar in Tirunelveli (Tamil Nadu).

TP Solar is a subsidiary of Tata Power Renewable Energy, which in turn, is a subsidiary of Tata Power.

Tirunelveli hosts India’s largest single-location solar cell and module plant.

Indigenous production of solar cells enhances Tata Power's ability to supply high-quality, domestically produced solar components. An additional 2Gw capacity will start in the next 4-6 weeks.

The company has committed almost Rs 4,300 crore to