Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has approved entry into photovoltaic (PV) ingot and wafer manufacturing, marking a move into upstream solar production. The Board of Directors cleared a proposed investment of up to Rs 6,500 crore to develop manufacturing capacity of up to 10 GW. The…
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with Bank of Baroda to provide financing solutions for micro, small and medium enterprises (MSMEs) and commercial and industrial (C&I) customers adopting solar energy. Under the agreement, Bank of Baroda will extend loans for projects up to…
TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), has secured a contract from the Solar Energy Corporation of India Limited (SECI) to supply 292.5 MWp of Domestic Content Requirement (DCR) solar modules. The contract, valued at Rs 6.32 billion, is part of SECI’s 400 MWp tender under the CPSU Scheme Tranche-III….
Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding (MoU) with Bank of Baroda to offer financing options for residential rooftop solar power systems under the Pradhan Mantri Surya Ghar Yojana (PMSGY). Under the MoU, applicants can avail loans of up to Rs 600,000 at interest rates starting from 7 per cent…
Tata Power Renewable Energy (TPREL) has partnered with IndusInd Bank to provide collateral-free solar financing options for micro and small enterprises (MSEs), offering loans ranging from Rs 1 million to Rs 20 million. This partnership aims to support MSEs in adopting solar energy, reducing operational costs, and contributing to the green energy transition. Both public…