Tata Power Solar boosts capacity by 60%.

Tata Power Solar, a wholly-owned subsidiary of Tata Power Co Ltd., has expanded its manufacturing capacity by 60 per cent to 200 MW from 125 MW.

'The expansion is based on the significant increase in demand that the company has seen for its solar modules, as well as the expected increase in demand due to supportive policy steps announced recently by the Government such as domestic content requirement and anti-dumping duties,' said Ajay Goel, CEO, Tata Power Solar.

'The expansion comes against the backdrop of extremely difficult times for the Indian solar industry.' Tata Power Solar, earlier known as Tata BP Solar, has been in business for the past 25 years. The company, after buying out British Petroleum Solar's stake in the joint venture, has been focusing on manufacturing, project execution and products.

Without disclosing the investment made for expansion, Goel said: 'So far, we have spent Rs. 500 crore, right from setting up our operations in Bangalore.'

HBL