Latest News | TP Solar Bags Rs 455 Cr Order to Supply Solar Modules

Get latest articles and stories on Latest News at LatestLY. Tata Power on Monday said its step-down arm TP Solar has secured a Rs 455 crore order from Maharashtra State Power Generation Company to supply 300 MWp solar modules.

New Delhi, Jan 27 (PTI) Tata Power on Monday said its step-down arm TP Solar has secured a Rs 455 crore order from Maharashtra State Power Generation Company to supply 300 MWp solar modules.

The modules will be delivered across Maharashtra this year, according to a statement.

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"TP Solar Ltd (TP Solar), a wholly owned subsidiary of Tata Power Renewable Energy Ltd. (TPREL, a subsidiary of Tata Power) has signed a contract with the Maharashtra State Power Generation Company Ltd (MSPGCL) to supply 300 MWp of ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project," the company said in the statement

The award forms part of MSPGCL's larger 750 MWp tender, which was finalised following a competitive e-Reverse Auction (eRA) process.

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TP Solar operates India's largest single-location solar cell and module manufacturing plant in Tirunelveli, Tamil Nadu.

With a capacity of 4.3 GW each for cells and modules, the facility has been designed with open spaces to accommodate future expansion.

Tata Power, through its subsidiary TPREL, has invested nearly Rs 4,300 crore to establish this plant, which marks a significant step towards indigenisation in the solar value chain and achieving self-sufficiency in both solar cell and module manufacturing.

Equipped with advanced TOPCon and Mono PERC technologies, the plant produces ALMM-certified modules as well as DCR modules using India-made cells in this plant.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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