Tata Power: A company for all seasons as it sails towards fully integrated solar cell structure

Tata Power is inching closer to becoming a fully integrated solar cell manufacturer by setting up a Rs 6000 crore solar ingots and wafers plant but contrary to media reports that the plant may be in Odisha, MD & CEO Praveer Sinha clarified they have not decided where to put up the backward integration plant.

The company already has a total cell and module capacity of 4.9 GW, which include a 4.3 GW facility in Tirunelveli in Tamil Nadu and 650 MW modules and 500 MW cell units in Bengaluru. But the company, like all Indian solar companies, imports huge quantities of ingots and wafers, mainly from China. To reduce this dependence on imported raw materials and enhance supply chain efficiency, Tata Power is deepening its backward integration by setting up a 10 GW of wafer and ingot manufacturi