Tata Power Inks MoU with Tamil Nadu Govt to Set up Solar Cell, Module Manufacturing Plant with Rs 3,000 Cr Investment
Mumbai-headquartered Tata Power has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approx. Rs 3,000 crore for setting up a greenfield solar cell and module manufacturing plant with a capacity of 4 GW each.
July 04, 2022. By Manu Tayal
The company will invest in the plant, located in the Tirunelveli district of Tamil Nadu, over a period of 16 months and will directly or indirectly create more than 2,000 employment opportunities with the majority of them being women employees.
The MoU was signed between Thiru S. Krishnan IAS, Additional Chief Secretary to Government of Tamil Nadu, Industries Department, and Dr. Praveer Sinha, CEO & MD of Tata Power in the presence of Thiru M. K. Stalin, Chief Minister of Tamil Nadu, and other senior officials of the state.
Commenting on the development, Dr. Praveer Sinha, CEO & MD of Tata Power, said “India has opportunity to spearhead the usage of clean and green energy solutions to meet its energy requirements. Tata Power Solar’s new production facility is being set up with the support and assistance of Tamil Nadu Government, will help to meet the rising demand for clean energy solutions in the country apart from providing huge employment opportunities.”
The new plant in the state will integrate Mono-PERC (Passivated Emitter and Rear Cell) Bifacial Technology with future n-Type technology of Tunnel Oxide Passivated Contacts (TOPCON) and will produce High Wattage Modules with industry-leading efficiencies.
For the smooth navigation of equipment, the facility will implement Autonomous Mobile Robots (AMR) which use lasers and cameras for transporting parts.
Another highlight of the technological advancement in the plant will be the implementation of Industry 4.0 standards - a fully interconnected factory comprising smart manufacturing tools and technologies.
Tata Power Solar's Tamil Nadu facility would be the company’s second manufacturing unit after Bangalore. As one of the largest solar manufacturers in India, the company operates a world-class manufacturing unit in Bangalore, with a production capacity of 635 MW of modules and 500 MW of cells.
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