Latest news with #TPREL
Time of India
3 days ago
- Business
- Time of India
Tata Power rolls out affordable solar rooftop solutions in Odisha
Bhubaneswar: Leading rooftop solar company, Tata Power Renewable Energy Limited (TPREL) on Tuesday announced the launch of an affordable rooftop solar solution in Odisha under its ' Ghar Ghar Solar ' campaign. The programme was launched in the presence of MD and CEO of Tata Power Dr Praveer Sinha and MD & CEO of (TPREL) Sanjay Banga, here at a function. The company in a statement said that its accessible, consumer-centric financing model makes rooftop solar affordable for a broader segment of Odisha's population. "Residents can install systems with minimal upfront investment starting from Rs 2,499 for 1 kW system," an official said. The official said it will turn solar adoption from an aspiration into an economically viable option. This first-of-its-kind initiative is set to accelerate residential rooftop solar adoption across the state by enabling customers to pay just one-third of the total amount, making solar power more accessible, affordable, and seamlessly integrated into households, the statement said. Odisha consumers gain substantial financial benefits through the PM Surya Ghar: Muft Bijli Yojana, which offers subsidies up to Rs 78,000 for solar systems up to 3 kW, covering nearly 40 per cent of the installation costs. The initiative is further strengthened through the state government's additional subsidy of Rs 25,000 for a 1 kW system and Rs 50,000 for a 2 kW system. "This financial support significantly accelerates rooftop solar adoption, making clean energy solutions accessible to households across the state," the TPREL official said. Odisha has already witnessed a remarkable surge in rooftop solar adoption, significantly driven by the growing awareness created through the 'Ghar Ghar Solar' initiative. In 2024-25 fiscal, the Company boarded 1,033 new solar rooftop customers, a tenfold increase from the 2023-24 fiscal in the state. The Commercial and Industrial segment also showed consistent growth in Odisha, with 76 consumers added in FY25, up from 56 consumers in FY24. The company said TPREL offers a comprehensive range of benefits to its solar rooftop consumers, including a 25-year warranty on modules, trusted quality assurance, exclusive sales and service in over 450+ districts, lifetime service and after-sales support across India, easy financing options, and insurance for solar rooftop systems. PTI
New Indian Express
3 days ago
- Business
- New Indian Express
Tata Power rolls out affordable solar rooftop solutions
BHUBANESWAR: With the state struggling to meet the target of powering three lakh households through rooftop solar system under PM Surya Ghar: Muft Bijli Yojana, the Tata Power Renewable Energy Limited (TPREL) on Tuesday rolled out an affordable plan to boost ground-level adoption of the scheme. Launching the 'Ghar Ghar Solar' campaign, TPREL, a subsidiary of Tata Power, said the company's accessible, consumer-centric financing model will make rooftop solar affordable for a broader segment of the population. 'Residents can install solar systems with minimal upfront investment starting from `2,499 for 1 kW, `4,999 for 2 kW and `7,999 for 3 kW. This initiative will help households, turning solar adoption from an aspiration into an economically viable option,' said Tata Power CEO and MD Praveer Sinha. The first-of-its-kind initiative is set to accelerate residential rooftop solar adoption across the state by enabling customers to pay just one-third of the total amount, making solar power affordable and seamlessly integrated into households, he said.
Business Standard
10-06-2025
- Business
- Business Standard
TP Solar crosses 4 GW solar module manufacturing at its Tamil Nadu plant
TP Solar, a wholly owned subsidiary of Tata Power Renewable Energy (TPREL), a subsidiary of The Tata Power Company (Tata Power) and the manufacturing arm of Tata Power, today announced that it has crossed 4 GW solar module manufacturing at its Tamil Nadu plant. The plant has cumulatively produced 4049 MW of solar modules and 1441 MW of solar cells upto May 31, 2025. With a strategic focus on scaling up production, TP Solar is targeting 3.7 GW of solar cell output and 3.725 GW of module production in FY26, further solidifying its commitment to supporting India's clean energy transition. Strategically built to comply with Domestic Content Requirement (DCR) norms, the facility is equipped to manufacture next-generation Mono PERC (Passivated Emitter and Rear Cell) and advanced TopCon (Tunnel Oxide Passivated Contact) modules using cutting-edge automated and AI-driven technologies. The ramp-up aligns with Tata Power's goal to strengthen India's solar supply chain resilience by reducing dependency on imports and enabling faster deployment of clean energy projects nationwide. The facility is already supplying panels to meet Tata Power's order book requirementsincluding utility-scale solar farms, hybrid energy parks and distributed rooftop systems as well as serving marquee third-party installations across the country. With its rated capacity of 4.3 GW expected to be fully realized in FY26, the plant would continue to support the nation's target of achieving 500 GW of non-fossil fuel capacity by 2030. TPREL also has a 682MW solar module and a 530MW solar cell plant at Bengaluru, which operates at full capacity to support the DCR Cells and Modules production.
Time of India
10-06-2025
- Business
- Time of India
TP Solar crosses 4 GW module output, sets 3.7 GW solar cell target for FY26
New Delhi: TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has achieved a cumulative solar module output of 4,049 MW and solar cell production of 1,441 MW at its Tamil Nadu facility as of May 31, 2025. The plant, built in compliance with Domestic Content Requirement ( DCR ) norms, is equipped to manufacture Mono PERC (Passivated Emitter and Rear Cell) and TopCon ( Tunnel Oxide Passivated Contact ) modules using automated and AI-driven technologies. According to the company, TP Solar is targeting 3.7 GW of solar cell output and 3.725 GW of solar module production for FY26. The Tamil Nadu plant's rated capacity of 4.3 GW is expected to be fully realised in FY26. The facility is supplying modules for Tata Power's order book, including utility-scale solar farms, hybrid energy parks, and distributed rooftop systems, in addition to third-party installations across the country. TPREL also operates a 682 MW solar module and a 530 MW solar cell plant in Bengaluru, which is functioning at full capacity to support DCR-based production. TP Solar stated that the ramp-up aligns with Tata Power's broader strategy to strengthen solar supply chain resilience and contribute to India's 2030 target of 500 GW non-fossil fuel capacity.
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Business Standard
09-06-2025
- Business
- Business Standard
TP Solar crosses 4 GW of solar module production at its Tamil Nadu unit
TP Solar Limited, a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) and the manufacturing arm of The Tata Power Company Limited (Tata Power), on Monday announced that it has crossed 4 gigawatts (GW) of solar module manufacturing at its Tamil Nadu plant. The plant has cumulatively produced 4,049 megawatts (MW) of solar modules and 1,441 MW of solar cells up to May 2025. With a strategic focus on scaling up production, the company is targeting 3.7 GW of solar cell output and 3.725 GW of module production in FY26, further solidifying its commitment to supporting India's clean energy transition. Strategically built to comply with Domestic Content Requirement (DCR) norms, the facility is equipped to manufacture next-generation Mono PERC (Passivated Emitter and Rear Cell) and advanced TopCon (Tunnel Oxide Passivated Contact) modules using cutting-edge automated and AI-driven technologies. The ramp-up aligns with Tata Power's goal to strengthen India's solar supply chain resilience by reducing dependency on imports and enabling faster deployment of clean energy projects nationwide. The facility is already supplying panels to meet Tata Power's order book requirements — including utility-scale solar farms, hybrid energy parks, and distributed rooftop systems — as well as serving marquee third-party installations across the country. With its rated capacity of 4.3 GW expected to be fully realised in FY26, the plant will continue to support the nation's target of achieving 500 GW of non-fossil fuel capacity by 2030. Beyond its technological prowess, the Tamil Nadu facility also stands out for its inclusive and sustainability-first approach. Over 80 per cent of the plant's shop-floor workforce comprises women, reflecting Tata Power's strong focus on gender diversity and equitable job creation in advanced manufacturing. The plant itself has been built using green building principles, energy-efficient processes, and resource-conscious design, minimising its environmental footprint. As one of India's largest vertically integrated solar players, TP Solar is driving innovation and scale across the clean energy value chain — from manufacturing and engineering to deployment and digital energy services. The ramp-up of this 4.3 GW facility positions the company as a key enabler of India's clean energy independence while advancing the global movement towards sustainable energy security. TPREL also has a 682 MW solar module and a 530 MW solar cell plant at Bengaluru, which operates at full capacity to support the production of DCR-compliant cells and modules.
