TPREL’s Captive Solar Project to Support TP Solar’s 4.3 GW Solar Cell Facility, Aiming to Offset 72,000 Tonnes of CO2 Annually
Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power Ltd, is set to establish a 41 MW captive solar plant in Thoothukudi, southern Tamil Nadu. This plant is intended to support its subsidiary, TP Solar’s ambitious greenfield project – a 4.3 GW solar cell and module manufacturing facility in Tirunelveli.
The captive solar power unit is anticipated to generate a substantial 101 million units of electricity annually and, notably, offset approximately 72,000 tonnes of CO2 emissions. This move underlines Tata Power’s commitment to sustainability and clean energy production.
The project is scheduled to be commissioned within a year of signing the project development agreement, showcasing the efficiency and commitment of Tata Power to fast-tracking renewable energy initiatives.
TP Solar’s solar cell manufacturing plant is poised to commence commercial production in FY25, following a proposed investment of ₹3,000 crore as per the Memorandum of Understanding (MoU) signed with the Tamil Nadu government.
Ashish Khanna, CEO of TPREL, expressed enthusiasm about the green energy supply from the captive solar plant to the 4.3 GW manufacturing facility. He emphasized that this model would serve as a benchmark for upcoming solar component manufacturing facilities, aligning with India’s goal of achieving 500 GW of non-fossil fuel-based energy capacity by the end of the decade.
To facilitate the development, operation, and maintenance of the solar power facility, TPREL has engaged TP Govardhan Creatives Ltd, highlighting the collaborative approach taken to ensure the project’s success.
Notably, TP Solar’s cell and module production plant is focused on producing high-wattage modules and has secured incentives of ₹383 crore under the Production-Linked Incentive (PLI) Scheme (Tranche II), as outlined in Tata Power’s latest annual report.
This significant addition of the captive solar plant will elevate TPREL’s total capacity to an impressive 7,877 MW. This includes 3,720 MW in various stages of implementation and an operational capacity of 4,157 MW, encompassing 3,154 MW of solar energy and 1,003 MW of wind energy, reinforcing Tata Power’s position as a leader in India’s renewable energy landscape.