Tata Power's TP Solar Reports Strong 2.9 GW Production with ₹4,300 Cr Investment

2 min read     Updated on 07 Jan 2026, 11:08 AM
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Jubin VScanX News Team
Overview

Tata Power's subsidiary TP Solar Limited reported exceptional manufacturing performance with 2.9 GW solar module and 2.8 GW solar cell production in the first nine months of FY26. The company's Q3 performance was particularly strong with cell production increasing five-fold to 940 MW and module production growing 7% to 990 MW year-over-year. TP Solar operates India's largest single-location 4.3 GW manufacturing facility in Tirunelveli, Tamil Nadu, backed by a ₹4,300 crore investment and featuring an 80% women workforce.

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*this image is generated using AI for illustrative purposes only.

Tata Power Company's solar manufacturing subsidiary TP Solar Limited has reported impressive production achievements for the first nine months of FY26, demonstrating strong operational performance across its manufacturing facilities. The company has successfully produced 2.9 GW of solar modules and 2.8 GW of solar cells during this period, reflecting robust manufacturing capabilities backed by a significant investment of ₹4,300 crores.

Exceptional Q3 FY26 Performance

The third quarter of FY26 showcased particularly strong growth momentum for TP Solar Limited. The company's production metrics reveal significant year-over-year improvements across both key product categories, with cell manufacturing showing remarkable expansion.

Production Metric: Q3 FY26 Output Q3 FY25 Output Year-over-Year Growth
Solar Cell Production: 940 MW 196 MW 5X increase
Solar Module Production: 990 MW 927 MW 7% increase

Nine-Month Cumulative Production Breakdown

TP Solar Limited's cumulative production for the nine-month period ending demonstrates the company's sustained manufacturing excellence and diversified product portfolio across different module categories.

Product Category: 9-Month FY26 Production Composition
Total Solar Modules: 2.9 GW -
DCR Modules: 2.4 GW 83% of total modules
ALMM Modules: 0.5 GW 17% of total modules
DCR Solar Cells: 2.8 GW -

Manufacturing Infrastructure and Investment

TP Solar operates one of India's largest single-location state-of-the-art 4.3 GW solar cell and module manufacturing facility in Tirunelveli, Tamil Nadu. Tata Power, through its subsidiary TPREL, has invested ₹4,300 crores in establishing this facility, representing a significant milestone in advancing indigenization across the solar value chain.

Facility Details: Specifications
Total Capacity: 4.3 GW
Location: Tirunelveli, Tamil Nadu
Investment Amount: ₹4,300 crores
Women Workforce: Nearly 80%
Technologies: TOPCon and Mono PERC

Strategic Manufacturing Position

The facility is equipped with advanced TOPCon and Mono PERC technologies, producing ALMM-certified modules as well as DCR modules using Made in India cells. The facility is distinguished by a workforce comprising nearly 80% women, reflecting the company's strong commitment to inclusive workforce practices.

These production figures underscore TP Solar Limited's role in supporting India's renewable energy objectives and Tata Power's broader clean energy portfolio. The substantial investment and consistent high production volumes demonstrate the company's commitment to achieving self-sufficiency in solar cell and module manufacturing while supporting India's vision for a Net-Zero carbon future.

Historical Stock Returns for Tata Power

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%+4.80%+3.78%+2.25%+10.86%+248.74%

Tata Power: Hits 1 GW Rooftop Solar Capacity In Just 9 Months (FY26), Solidifying Its Top Spot In India's Rooftop Solar Market

2 min read     Updated on 05 Jan 2026, 07:12 PM
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Reviewed by
Ashish TScanX News Team
Overview

Tata Power Renewable Energy has achieved a significant milestone by reaching 1 GWp rooftop solar installation capacity within nine months of FY26, demonstrating exceptional 127% year-on-year growth. The company added 1.7 lakh new customers and maintained its position as India's leading rooftop solar provider for the past decade, operating through 650+ channel partners across multiple states.

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*this image is generated using AI for illustrative purposes only.

Tata Power Renewable Energy Limited has reached a significant milestone by achieving 1 GWp rooftop solar installation capacity within the first nine months of FY26. This achievement spans both residential and Commercial & Industrial segments, demonstrating accelerated growth momentum and solidifying the company's position as India's leading rooftop solar solutions provider.

Outstanding Growth Performance

The company's performance metrics showcase exceptional growth across multiple parameters during the nine-month period of FY26:

Performance Metric: FY26 (9M) FY25 (9M) Growth (%)
Installation Capacity: 1 GWp+ 444.78 MWp 127%
New Customers Added: 1.7 lakh 38,494 345%
Total Customer Base: 3 lakh+ - -
Cumulative Capacity: 4 GWp+ - -

The third quarter of FY26 marked a particularly strong performance period, with the company achieving 58,476 installations and adding 372 MWp capacity. This represented an exceptional 242% year-on-year growth compared to 17,092 installations recorded in Q3 FY25.

State-wise Performance Analysis

During the nine-month period, several states emerged as key contributors to Tata Power Renewable Energy's growth trajectory:

State: Installations Capacity (MWp)
Uttar Pradesh: 30,857 128.13
Maharashtra: 21,044 126.33
Gujarat: 18,907 143.02
Telangana: 14,622 62.08

Uttar Pradesh led in terms of installation numbers, while Gujarat contributed the highest installed capacity despite fewer installations, indicating larger average system sizes in the state.

Cumulative Market Leadership

On a cumulative basis, the company's geographic performance demonstrates strong pan-India presence:

State: Total Installations Cumulative Capacity (MWp)
Maharashtra: 41,827 855.21
Gujarat: 31,624 525.81
Tamil Nadu: 8,633 318.35
Chhattisgarh: 8,068 285.62

Maharashtra maintains its position as the leading market, followed by Gujarat, Tamil Nadu, and Chhattisgarh, collectively underscoring the company's execution capabilities and sustained growth momentum across major rooftop solar markets.

Strategic Initiatives and Market Position

Tata Power Renewable Energy has maintained its position as India's number one rooftop solar player for the past decade, according to BTI Research. The company operates through a comprehensive network of 650+ channel partners, ensuring scale, consistency, and reliability in rooftop solar deployment across the country.

The company's growth aligns with the Government of India's Pradhan Mantri Surya Ghar Yojana, with Tata Power driving awareness through its flagship Ghar Ghar Solar campaign. This initiative focuses on enabling widespread adoption of rooftop solar across Indian households, contributing to the nation's transition toward sustainable energy solutions.

Comprehensive Service Offering

Tata Power Solarroof provides an integrated end-to-end rooftop solar proposition that includes:

Service Component: Details
Product Warranty: High-performance modules with 25-year performance warranty
Financing: Flexible financing options
Protection: Insurance coverage
Support: Robust after-sales service

This comprehensive approach enables customers to transition confidently to cleaner, more reliable, and resilient energy solutions across residential, commercial, and industrial segments. The company continues to contribute meaningfully to India's clean energy journey, supporting the country's ambition of achieving 500 GW of non-fossil fuel capacity by 2030 and progressing toward net-zero emissions by 2070.

Historical Stock Returns for Tata Power

1 Day5 Days1 Month6 Months1 Year5 Years
-1.79%+4.80%+3.78%+2.25%+10.86%+248.74%

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