Tata Group plans to set up 4 GW solar cell manufactury in India
Post date: 23/11/2021 - 11:59
Indian Tata Group’s solar power arm is in final stages of negotiations with the government of the state Tamil Nadu as it plans to set up a 4 GW integrated solar photovoltaic cell manufacturing unit in Gangaikondan near Tirunelveli, according to the »Times of India«. Investment by Tata would be around INR 3.000 crore ($404 million) with an employment potential of 2,000 locals, predominantly women. Currently, the state is already home to panel manufactury capacity of 1.2 GW, says the article.
As reported, in late July US-based First Solar announced that it intends to invest $684 million in a new, fully vertically integrated photovoltaic thin film solar module manufacturing facility in Tamil Nadu. The factory is expected to commence operations in the second half of 2023. According to »Indian Times« the company is currently breaking ground for its 3.3 GW greenfield plant near Chennai.