New Delhi: Power utility major Tata Power has selected Odisha to establish a greenfield solar ingot and wafer manufacturing plant with a planned investment of ₹6,600 crore. This is part of the company’s aim to integrate backward into the solar energy supply chain, allowing it to produce the raw materials for its cell and module manufacturing lines. The construction on the site is expected to begin soon, with the first phase to be set for commissioning by January 2028.
For the Tata’s, choosing the plant location meant evaluating all the incentives and support the various state governments offered, and Odisha was zeroed in. Given that the Tatas already owned land in Gopalpur, where a Tata SEZ is being planned, the company finalized Gopalpur for the project.
The project will be developed in two phases of 5 GW each, with the total manufacturing capacity reaching 10 GW.
As part of the approval, the state has cleared a 30% capital investment subsidy, a 100% waiver of electricity duty for 20 years and a ₹2/unit power tariff subsidy for 15 years.
For Tata Power, getting into manufacturing solar ingot and wafers allows it to compete in the international market, which is looking to diversify its supply chains away from China. Europe remains a big opportunity, with nearly 2-3 GW of export potential from that market.
