Tata Power Ltd on Thursday (February 27) said Tata Power Renewable Energy Ltd’s (TPREL) wholly-owned subsidiary, TP Solar Ltd, has secured a contract from the Solar Energy Corporation of India (SECI) for the supply of 292.5 MWp domestic content requirement (DCR) solar modules.
The project is awarded under the CPSU Scheme Tranche-III and reinforces TP Solar’s commitment to advancing India’s renewable energy transition. The contract, valued at approximately ₹632 crore, entails the delivery of high-quality DCR modules to the designated site in Ramagiri, Andhra Pradesh.
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The project is part of SECI’s larger 400 MWp tender, which underwent a competitive bid submission process followed by an e-reverse auction. The contract includes a total scope of 400 MWp DCR modules, of which TP Solar has secured 292.5 MWp.
Sivakumar V Vepakomma, Director (Power System), SECI, said, “The CPSU Scheme is a crucial initiative to enhance domestic solar manufacturing and strengthen India’s energy security. By awarding this contract to TP Solar, we are taking a significant step towards fostering self-reliance in the solar sector and ensuring that large-scale renewable projects are powered by high-quality, locally manufactured modules.”
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Shares of Tata Power Company Ltd ended at ₹343.30, down by ₹7.75, or 2.21%, on the BSE.
(Edited by : Shoma Bhattacharjee)
