Tata Power Targets January Decision on ₹6,500 Crore Wafer–Ingot Project

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Tata Power plans to finalise its proposed ₹6,500 crore, 10 GW wafer and ingot manufacturing project by January, a move expected to significantly strengthen its renewable energy strategy and deepen its integration across the solar value chain. The announcement was confirmed by Praveer Sinha, CEO and Managing Director, Tata Power, who highlighted the project as a key pillar of the company’s long-term clean energy roadmap.

Discussions Underway with State Governments

Sinha said Tata Power is currently in discussions with multiple state governments and will soon decide on the project’s final location. “We expect to make an announcement in January. In the meantime, we are continuing to explore potential sites for the project,” he said.

Multiple Locations Under Evaluation

Tata Power is evaluating several locations for the manufacturing facility, including Odisha, Tamil Nadu, and Andhra Pradesh. The final decision will depend on state-level policies, incentives, and infrastructure support. “We are closely assessing the policy environment and incentives offered by various states before finalising the location,” Sinha added.

Backward Integration

The company had earlier indicated that the wafer and ingot facility forms a core part of its backward integration strategy, with greater clarity expected in the last quarter of FY26. Once operational, the facility will enable Tata Power to become a fully integrated solar manufacturer, as it already operates solar cell and module manufacturing units. As a result, the project will significantly boost domestic manufacturing capabilities and reduce reliance on imports.

Exploring Opportunities Beyond Renewables

Beyond solar manufacturing, Tata Power is also exploring opportunities in the nuclear energy sector. The company plans to assess small modular reactor (SMR) projects with capacities ranging from 20 MW to 50 MW, once regulatory and legal frameworks permit private sector participation.

Strengthening India’s Clean Energy Ecosystem

As reported by manufacturingtodayindia.com, the wafer and ingot project represents a strategic investment that aligns with India’s push for self-reliance in solar manufacturing. By expanding upstream capabilities, Tata Power aims to reinforce its position as a key player in the country’s clean energy transition.