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New Delhi : Tata Power has signed a memorandum of understanding with the Tamil Nadu government to invest in ₹3,000 crore to set up a solar cell, module manufacturing unit in Tirunelveli, Tamil Nadu.
The memorandum outlines the commitments of both parties to promote the transition to clean energy and employment in State. Tata Power said in a statement that the investment in the plant will create direct and indirect jobs. Around 16 months, directly and indirectly will create jobs for more than 2,000 people.
The MoU was signed by S Krishnan, Additional Secretary to the Government of Tamil Nadu, Industries Department, and Praveer Sinha, CEO & MD, Tata Power, in the presence of Minister of State MK Stalin and senior state officials.
“India has an opportunity to take the lead in implementing clean and green energy solutions to meet its energy needs. . Tata Power Solar’s new plant, established with the support and assistance of the Government of Tamil Nadu, will help meet the growing demand for clean energy solutions in the country besides providing huge employment opportunities,” said Praveer Sinha, CEO & MD. Tata Power, said.
The new plant in Tamil Nadu will combine Mono-PERC (Passivated Emitter and Rear Cell) Bifacial Technology with future n-type Tunnel Oxide Passivated Contacts (TOPCON) technology and will produce industry-leading high-wattage modules. For the smooth navigation of the equipment, the facility will implement an automated mobile robot (AMR) that uses lasers and cameras for transporting parts. Another highlight of the factory’s technological advancement is the implementation of Industry 4.0 standards – a fully connected factory equipped with intelligent production tools and technologies.
Tata Power Solar’s Tamil Nadu plant will be its second plant after Bengaluru. As one of the largest solar power producers in India, the company operates a world-class manufacturing unit in Bangalore, with a production capacity of 635MW of modules and 500 MW of cells.
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