Tata Power has inaugurated a state-of-the-art 4.3 gigawatt (GW) solar module and cell manufacturing facility in Tamil Nadu, India, with a strategic focus on serving the domestic market. This facility, developed with an investment of ₹43 billion (approximately $508 million), spans 317 acres and underscores Tata Power’s commitment to bolstering India’s renewable energy infrastructure.
Praveer Sinha, CEO of Tata Power, emphasized the company’s dedication to the Indian market, stating, “We will be setting up this factory to serve the Indian market. This country is a huge opportunity.” He further noted that the facility’s production for the next 12 to 16 months is already committed to domestic projects.
While the facility is primarily focused on domestic needs, the global demand for Indian solar modules, particularly in the United States, has been rising sharply. Exports of Indian solar modules have surged more than 23-fold over the past two years, with the U.S. accounting for over 97% of these exports.
Despite this international demand, Tata Power remains committed to prioritizing the Indian market. The company has expressed its intention to serve domestic projects first, ensuring that the majority of its production capacity is dedicated to meeting India’s renewable energy requirements.
This strategic decision aligns with India’s broader goals to enhance domestic manufacturing capabilities and reduce reliance on imported solar components. By focusing on the domestic market, Tata Power aims to contribute significantly to India’s renewable energy targets and support the country’s transition toward sustainable energy sources.
