Tata Power Renewable Energy to Invest Rs 6,675 Crore in 10 GW Plant in Andhra Pradesh
1 day agoBusiness
48LENS
15 SourcesAndhra Pradesh, India
TBNthebalanced.news
Tata Power Renewable Energy to Invest Rs 6,675 Crore in 10 GW Plant in Andhra Pradesh

Tata Power Renewable Energy (TPREL) will invest Rs 6,675 crore to establish a 10 GW ingot and wafer manufacturing facility in Nellore, Andhra Pradesh. This project, the largest of its kind in India, aims to boost domestic solar and semiconductor manufacturing and reduce import dependence. The facility will be set up on 200 acres at the IFFCO Kisan Special Economic Zone and is expected to create around 1,000 direct jobs. TPREL will also develop a 200 MW captive green power plant to supply the unit.

Political Bias
11%45%44%
Sentiment
75%