May 28, 2014
Tata Power Solar expands manufacturing capacity by 60 percent
Increases production capacity to 200 MW from 125 MW, underlining its commitment to manufacturing in India and providing high quality solar modules for domestic and global markets
Bangalore: Tata Power Solar, one of the pioneering solar manufacturers in the world and India’s largest specialised EPC player, today announced a 60% expansion of its manufacturing facility in Bangalore, taking the total production capacity to 200 MW. The expansion is based on the significant increase in demand that the company has seen for its solar modules, as well as the expected increase in demand due to supportive policy steps announced recently by the Government of India such as Domestic Content Requirement and anti-dumping duties.
Tata Power Solar, erstwhile known as Tata BP Solar, is one of the few companies globally to have a long operating history of 25 years. This is a strong proof point for the company’s ability to honour the 25 year warranty that solar modules come with. It is also the only company in India whose modules are rated as Tier 1 in Bankability by GTM Research, a globally recognized PV market research firm. The expansion comes against the backdrop of extremely difficult times for the Indian solar industry. Despite challenges, Tata Power Solar has seen an increase in demand for its products which reaffirms the faith customers put in the quality of its products.
Commenting on the expansion, Ajay Goel, CEO, Tata Power Solar, said, “This substantial expansion, in an extremely competitive and price-sensitive sector, is a testimony to our products’ superior quality and global competitiveness. Our 25 years of strong credentials in providing high quality solar products, which also corresponds to the warranty period of our modules, adds credibility to our offerings.”
Rahul Budhwar, Vice President - Manufacturing and Business Development, Tata Power Solar, said, “We are excited to be expanding our production capacity to meet the increased demand for our products. We continue to raise the bar for quality solar products, by employing cutting-edge equipment, such as the fastest stringers available globally as well as the latest electroluminescence testers.”
Tata Power Solar initiated its manufacturing expansion in 2001 by laying the foundation stone on a 10 acre facility at Bangalore. Currently, the company operates three world-class manufacturing units in Bangalore, including module, cell and solar water heaters.