Nifty 5022,450(+0.54%)
Sensex74,200(+0.47%)
Bank Nifty47,800(-0.31%)
USD/INR83.45(+0.06%)
Gold (10g)72,500(+0.35%)
Silver (1kg)88,900(-0.45%)

TPREL Enters PV Ingot and Wafer Manufacturing with INR 6,500 Crore Investment

May 12, 2026
TPREL Enters PV Ingot and Wafer Manufacturing with INR 6,500 Crore Investment

Tata Power Renewable Energy Limited (TPREL) has announced its entry into photovoltaic (PV) ingot and wafer manufacturing with a planned investment of approximately ₹6,500 crore, marking a major step toward strengthening India’s upstream solar manufacturing ecosystem.

The company plans to establish a manufacturing facility with a total planned capacity of up to 10 GW, which will be developed in two phases of 5 GW each. The move is aimed at strengthening backward integration across the solar value chain and reducing dependence on imported raw materials, particularly from China.

PV ingots and wafers are critical components used in the manufacturing of solar cells and modules. With domestic demand for solar manufacturing rapidly increasing, the company believes the investment will enhance supply chain resilience, improve operational efficiency, and support India’s clean energy and self-reliance goals.

The proposed project aligns with the Government of India’s push for domestic solar manufacturing under initiatives such as Atmanirbhar Bharat and upcoming policy frameworks supporting indigenous renewable energy production.

Industry experts view the development as a significant milestone in India’s transition toward a fully integrated solar manufacturing ecosystem, especially at a time when the country is focusing on expanding local capacity for critical solar components.

Share This News:
#TheBharatMirror#BreakingNews#IndiaNews
Atlanta Electricals Achieves Record Financial Performance in FY26

Atlanta Electricals Achieves Record Financial Performance in FY26

Atlanta Electricals Limited has announced its audited financial results for the fourth quarter and full year ended March 31, 2026, reporting robust growth acros...
May 12, 2026
Wind-Bioenergy Convergence Could Unlock 600,000 Jobs and USD 28 Billion Investment Opportunity

Wind-Bioenergy Convergence Could Unlock 600,000 Jobs and USD 28 Billion Investment Opportunity

The Indian Wind Turbine Manufacturers Association (IWTMA)  curated a panel discussion on “Wind–Bioenergy Collaboration for Green Hydrogen and Energy Securi...
May 12, 2026
KLK Ventures Awarded Major Solar Home Lighting Project Under PM-DevINE Scheme in Arunachal Pradesh

KLK Ventures Awarded Major Solar Home Lighting Project Under PM-DevINE Scheme in Arunachal Pradesh

KLK Ventures is proud to announce that it has been awarded a partial Letter of Award for the prestigious project titled “Design, Manufacturing, Supply and Insta...
May 12, 2026
Olectra Greentech Partners with Dassault Systèmes to Digitally Transform EV Development

Olectra Greentech Partners with Dassault Systèmes to Digitally Transform EV Development

Olectra Greentech, an electric bus manufacturer, and Dassault Systèmes announced that Olectra will adopt Dassault Systèmes’ 3DEXPERIENCE platform. This marks a ...
May 12, 2026