Tata Power and Tamil Nadu Sign MoU for Rs. 3,000 Cr. PV Cell & Module Plant
Tata Power has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approximately Rs. 3,000 crore for setting up a greenfield solar cell and module manufacturing facility in Tirunelveli District of Tamil Nadu. This investment will be done over a 16-month period.
This upcoming facility will have the capacity of producing 4 GW worth of solar cells and modules annually. Solar cells produced in this facility will be Monocrystalline Bifacial cells and will incorporate PERC (Passivated Emitter and Rear Cell) technology, which increases light capture for increased efficiency. Moreover, these cells will also incorporate TOPCon (Tunnel Oxide Passivated Contacts) technology, which takes the light-capturing capability of PERC solar cells further. Tata Power’s upcoming plant will feature the use of Autonomous Mobile Robots (AMRs) equipped with lasers and cameras to transport parts.
As per Tata Power’s press release, this new facility will provide employment to over 2,000 people directly or indirectly.