Latest Updates

Tata Power Renewable Energy Limited (TPREL) has announced plans to develop a major ingot and wafer manufacturing facility in Nellore, Andhra Pradesh. The project represents a significant investment of ₹6,675 crore and is aimed at boosting domestic production of critical components used in the solar and semiconductor industries. The initiative is also closely aligned with India’s broader goals of clean energy expansion and manufacturing self-reliance.

Project Overview

TPREL intends to establish a new 10 GW ingot and wafer production plant within the Iffco Kisan Special Economic Zone in the Nellore district. The site spans 200 acres identified by the state government, of which about 120 acres will be utilized in the first development phase. The balance area has been earmarked for future capacity expansion as demand grows.

Ingots and wafers form the foundational building blocks for solar cells, photovoltaic modules, and a range of semiconductor devices. By manufacturing these components domestically, the facility is expected to play an important role in strengthening India’s renewable energy and electronics manufacturing ecosystems.

Investment and Employment Potential

The project carries an estimated capital outlay of ₹6,675 crore, based on submissions made to state authorities. Once operational, the unit is projected to create direct employment opportunities for nearly 1,000 individuals, in addition to indirect jobs generated in ancillary and support services.

The proposal has already secured approval from the State Investment Promotion Board and is likely to be taken up for review by the state cabinet in the next stage of the approval process.

Renewable Power and Supporting Infrastructure

To ensure sustainable power supply for the upcoming facility, land will be allocated for the development of a dedicated 200 MW renewable energy project. Availability of green power was a key criterion in zeroing in on the project location.

Nellore’s logistical advantages, including its proximity to Krishnapatnam port and presence of well-developed industrial zones, also contributed to it being selected over competing locations.

Competitive State Bidding and Industry Activity

Before finalizing Andhra Pradesh, TPREL had evaluated potential sites in Odisha, including locations such as Gopalpur and Cuttack. Andhra Pradesh eventually emerged as the preferred choice due to its policy support, integrated infrastructure, and facilitative approach toward large industrial investments.

The state has increasingly become a hub for renewable manufacturing, with multiple players exploring ingot and wafer production in the region, further strengthening its industrial ecosystem.

TPREL’s Broader Renewable Energy Presence

Tata Power Renewable Energy has a diversified portfolio of renewable projects across India, including solar and wind assets in Gujarat, Karnataka, Rajasthan, and Madhya Pradesh. The proposed Nellore facility is the first project being implemented under the memorandum of understanding signed with the Andhra Pradesh government last year, which envisages investments of up to ₹49,000 crore across various initiatives.

Summary

Tata Power Renewable Energy Limited plans to establish a 10 GW ingot and wafer manufacturing plant in Nellore, Andhra Pradesh, with an estimated investment of ₹6,675 crore. The project aims to:

  • strengthen domestic manufacturing of solar and semiconductor inputs,
  • support India’s clean energy and self-reliance ambitions,
  • generate around 1,000 direct jobs, and
  • leverage renewable power through a captive 200 MW green energy project.

The proposal has received key state-level clearances and marks an important step in TPREL’s expansion of its renewable manufacturing footprint in India.

Disclaimer:

This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.

Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.