SECI awards contract worth Rs 632 crore to Tata Power's Solar Manufacturing Arm
The CPSU Scheme is a crucial initiative to enhance domestic solar manufacturing and strengthen India's energy security, according to Sivakumar Vepakomma, director of power systems at SECI.
SECI awards contract worth Rs 632 crore to Tata Power's Solar Manufacturing Arm
PSU firm, Solar Energy Corporation Ltd, has awarded TP Solar Ltd., the solar manufacturing division of Tata Power Co., a contract worth about Rs 632 crore.
According to an exchange filing on Thursday, TP Solar, which owns the biggest single-location solar manufacturing factory in India, has won the contract from SECI for the supply of solar modules with a domestic content requirement of 292.5 MWp.
It further stated that the project, which was granted under the CPS Scheme Tranche-III, demonstrates the Tata Power subsidiary's dedication to furthering India's shift to renewable energy. The order calls for the delivery of premium DCR solar modules to the specified location in the village of Ramagiri, Andhra Pradesh.
Since the project's preferred delivery date is scheduled for October 2025 to January 2026, it will need to finish the project in roughly four months.
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The project is part of SECI's larger 400 MWp tender, which underwent a competitive bid-submission process followed by an e-reverse auction. The contract includes a total scope of 400 MWp DCR modules, of which TP Solar has secured 292.5 MWp, the company added.
The CPSU Scheme is a crucial initiative to enhance domestic solar manufacturing and strengthen India's energy security, according to Sivakumar Vepakomma, director of power systems at SECI.
"By awarding this contract to TP Solar, we are taking a significant step towards fostering self-reliance in the solar sector and ensuring that large-scale renewable projects are powered by high-quality, locally manufactured modules.
Vepakomma said the project would contribute to the country's renewable energy targets, create economic opportunities, and support the long-term sustainability of the solar industry.
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