Tata Power Solar revenue doubles to Rs 2,262 cr

Tata Power Solar revenue doubles to Rs 2,262 cr

Tata Power Solar, formerly known as Tata BP Solar and a wholly-owned subsidiary of Tata Power, has more than doubled its revenue to Rs 2,262 crore in two years, the company said in a statement.

Tata Power Solar manufactures solar cells and modules and provides engineering, procurement and construction (EPC) services to solar projects’ owners and developers.

Earlier this year, Tata Power Solar had completed the expansion of capacity of its cell and module manufacturing facility in Bengaluru.

The two-stage expansion doubled the company’s module capacity from 200 MW to 400 MW, the company said, while the company’s cell manufacturing capacity had been increased by 65 per cent from 180 MW to 300 MW. Read More…

Credit By: The Hindu Business Line

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