In Odisha, Tata Power invests Rs 10,000 Crore! Discussions are underway with the Odisha government
Tata Power is in talks with the Odisha government to set up a 10-GW ingot-and-wafers manufacturing unit in Odisha. According to a national media report, the company is planning to invest around Rs 10,000 crore in the proposed project.
Ingots and wafers are the key raw materials used in the production of solar cells and modules and are also used in the manufacture of semiconductor chips.
Tata Power, which currently has a cell and module manufacturing capacity of 4.55 GW, aims to integrate ingots and wafers into its solar cell and panel production for both domestic consumption and export markets.
Tata Power has shortlisted two potential sites for this – Gopalpur and Cuttack, respectively – both close to ports, hence the sites are under evaluation for ingot and wafer manufacturing facilities.
In Gopalpur, Tata Steel Special Economic Zone is developing the Gopalpur Industrial Park on the east coast. This further strengthens the site selection process.
Tata Power declined to comment on the matter, but Tata Power CEO and Managing Director Prabir Sinha said on November 11 that the company is planning to set up a 10-gigawatt ingot and wafers manufacturing unit and is in the process of finalizing a location for it.
