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Volume IconWhat does Ashish Khanna of Tata Power say about India's renewable target?

In a chat with Business Standard's S Dinakar, president of Tata Power Renewables Ashish Khanna tells about how the company is gearing up to meet the challenge facing India's ambitious energy targets

ImageS Dinakar New Delhi
TMS Ashish Khanna

TMS Ashish Khanna

Q1: India announced an ambitious target, from the 175 which was due this year for renewables to now 500 GW by 2030. Where and how is Tata Power placed in India’s quest to 500, both as a developer as well as a manufacturer?

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>Tata Power is one of the oldest solar panel manufacturers in the country.
>Tata Power is working on 4GW of cell line and 4GW of module line, apart from the ongoing 530 MW of cell and 580 MW of module it is working on.
>Company has around 3.5 GW of its own and 15-20 GW in five years
>In case of EPC, by 2027 the company will be three-times of what it is today
>In rooftops and pumps, the company will be nine-times of what it is today by 2027
>In utility scale, the company will be five-times of what it is today by 2027
Q2: On the manufacturing side, you plan to be totally integrated because right now it seems the focus is on polysilicon cells and then modules or will it be partly integrated?
>The scale of manufacturing today is still subscale
>Investment decisions for expansion in manufacturing was made after policy decisions on import tariff barriers and other incentives
>Manufacturing in this industry is a long-term commitment
>Focus on cell-led module now
>Policy decisions will determine if company will commit to wafers and poly
Q3: Coming to the newer products from renewables, like green hydrogen and the associated batteries, storage issues. On the manufacturing side of electrolisers, green hydrogen and of batteries, would you be also venturing into those or would you be restricted to the solar equipment manufacturing? 
>Tata Power’s strength is renewables, producing power at affordable price, hybrid etc  
>Making 40 MG battery storage along with solar at lay, as EPC
>Executing 120 MWH solar+storage at Chhattisgarh
>Exploring potentials of electrolysers, manufacturing of batteries
>Company strategy is to play with its strength and tie-up with those who has strength in the downstream parts

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First Published: Jun 20 2022 | 7:00 AM IST

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