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Tata Power’s arm secures contract from SECI

28 Feb 2025 Evaluate

Tata Power Company's subsidiary -- Tata Power Renewable Energy’s (TPREL) wholly owned subsidiary -- TP Solar (TP Solar) 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 around Rs 632 crore, entails the delivery of high-quality DCR modules to the designated site in Ramagiri, Andhra Pradesh.

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.

The successful bid underscores TP Solar’s manufacturing capabilities and aligns with India's ‘Aatmanirbhar Bharat’ vision by promoting locally manufactured solar modules. By securing this contract, TP Solar is contributing to India's clean energy transition and supporting large-scale solar installations across the country. The preferred delivery timeline for the project is set from October 2025 to January 2026, spanning a duration of four months.

This milestone underscores the company’s unwavering commitment to driving innovation and excellence in renewable energy solutions. By leveraging advanced technology and sustainable practices, the company continues to play a pivotal role in India's energy transformation, fostering progress, and contributing to a greener, self-reliant. 

Tata Power Company is India’s largest integrated power company. It is a pioneer credited with steering the energy sector on technology, process and platform.

Tata Power Share Price

377.45 0.50 (0.13%)
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