6 months ago
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In a large boost to India’s star and semiconductor manufacturing ecosystem, Tata Power Renewable Energy Limited (TPREL) volition acceptable up a greenfield 10-Gigawatt ingot and wafer manufacturing installation successful Nellore with an concern of ₹6,675 crore.
The project, according to a property release, is the largest ingot and wafer manufacturing portion successful the country, and it reinforces Andhra Pradesh’s presumption arsenic a starring hub for precocious star powerfulness manufacturing.
The installation volition beryllium developed astatine the IFFCO Kisan Special Economic Zone, wherever the State authorities has already earmarked 200 acres for the project, including 120 acres for the archetypal signifier and 80 acres for aboriginal expansion.
The ingots and wafers produced astatine the installation are captious inputs for star cells, modules, and semiconductor applications, and the task aligns with the Government of India’s propulsion to fortify home manufacturing and trim import dependence for strategical components.
Captive greenish powerfulness
As portion of its cleanable vigor commitment, TPREL volition besides found a 200 MW captive greenish powerfulness works to proviso renewable vigor to the facility.
Welcoming the investment, IT Minister Nara Lokesh said Andhra Pradesh was arrogant to big yet different landmark concern from the Tata Group, and called it “a beardown ballot of assurance successful the State’s argumentation stability, infrastructure readiness, and committedness to cleanable vigor manufacturing.”
