Tata Power Solar

On May 29, 2026, Tata Power has launched its flagship ‘Ghar Ghar Solar’ campaign in Lucknow to accelerate rooftop solar adoption across Uttar Pradesh and strengthen the state’s clean energy ecosystem. Under the initiative, the company plans to install 300,000 rooftop solar systems over the next three years, targeting a cumulative capacity of 1,000 MWp. Uttar Pradesh offers one of the highest rooftop solar subsidies in India, up to Rs. 1.08 lakh for systems up to 3 kW under the combined benefits of the PM Surya Ghar Yojana and state government subsidies. The campaign, integrated with battery energy storage solutions and financing support, is aimed at making solar energy more affordable and accessible for residential consumers while advancing India’s clean energy transition.

On May 22, 2026, Tata Power, through its subsidiary Tata Power Renewable Energy Limited (TPREL), has strengthened Gujarat’s renewable energy capacity with the commissioning of its 100 MW Rojmal Wind Project. The project, comprising 50 wind turbine generators of 2 MW each installed at a hub height of 80 meters, supplies clean power to Gujarat Urja Vikas Nigam Limited (GUVNL) under a long-term power purchase agreement. The project reinforces Tata Power’s expanding wind energy portfolio and supports India’s broader clean energy transition and decarbonisation goals.

On May14, 2026, Tata Power Renewable Energy Limited has commissioned the first commercial rooftop solar project in Ladakh with a 50 kWp installation at Hotel Barath in Leh, marking a key milestone in the region’s clean energy transition. The project highlights the growing viability of rooftop solar in high-altitude regions and is expected to accelerate renewable adoption across Ladakh’s hospitality sector. The company is also expanding its footprint in the region, with multiple rooftop solar projects currently in the pipeline.

In February 2026, Tata Power Renewable Energy Limited commissioned a 198 MW group captive wind project in Karur, Tamil Nadu, marking one of the largest projects of its kind. The project, comprising 55 wind turbines of 3.6 MW each, is designed to generate around 31 million units of clean electricity annually for Tata Steel. It is expected to offset approximately 26,350 tonnes of CO₂ emissions per year, supporting industrial decarbonisation.

In January 2026, Tata Power Renewable Energy Limited crossed a milestone of 10 GW cumulative EPC project execution, reinforcing its leadership in India’s clean energy transition. The portfolio includes 9.7 GW of solar and 290 MW of wind projects, spanning both in-house and third-party developments. During the first nine months of FY26, the company commissioned 1.88 GW of renewable capacity, registering a 33% YoY growth, with Q3 FY26 witnessing a record 941 MW addition.

TP Solar, the manufacturing arm of Tata Power Renewable Energy Limited, recorded production of 2.9 GW of solar modules and 2.8 GW of solar cells from Q1 to Q3 of FY26, reflecting strong growth in domestic manufacturing. Of the total module output, 2.4 GW comprised DCR modules, indicating a continued focus on localisation. Further, In Q3 of FY26, solar cell production reached 940 MW compared to 196 MW in Q3 FY25, registering nearly a fivefold YoY increase, driven by improved capacity utilisation and operational efficiencies.

Tata Power Renewable Energy Limited achieved a milestone of 1 GWp rooftop solar capacity installation during 9M FY26, driven by strong growth across residential and Commercial & Industrial (C&I) segments. The company added over 1.7 lakh installations, registering a growth of around 345% YoY, reflecting rising consumer adoption. Its cumulative rooftop solar capacity has crossed 4 GWp with a customer base of over 3 lakh, reinforcing its leadership position in India’s rooftop solar market.

In Q3 FY26, Tata Power reported a revenue of Rs. 14,485 crore (US$ 1.64 billion), EBITDA of Rs. 3,913 crore (US$ 0.44 billion), and profit after tax (PAT) of Rs. 1,194 crore (US$ 0.14 billion), reflecting stable operational performance. The company’s performance was supported by strong growth in renewables, transmission, and distribution segments, along with record solar manufacturing output and rooftop solar expansion. During the quarter, Tata Power also executed ~1.3 GW of renewable projects and crossed 10 GW cumulative EPC execution, reinforcing its leadership in clean energy infrastructure.

In December 2025, Tata Power Renewable Energy Limited (TPREL) signed an MoU with UCO Bank at the national level in India to accelerate rooftop solar adoption through affordable financing solutions. Under the partnership, customers can avail loans of up to Rs. 2 lakhs at a 6% reducing interest rate for up to 10 years with a 10% margin, For larger rooftop installations ranging between Rs. 2–6 lakh are eligible for up to 80% financing, with interest rates starting from 7.40% for home loan customers and 8.40% for others. Additional benefits such as zero processing fees and zero documentation charges are expected to enhance accessibility and drive adoption under the PM Surya Ghar: Muft Bijli Yojana.

On November 21, 2025, Tata Power signed commercial agreements with Druk Green Power Corporation Ltd to acquire a 40% stake in a special purpose vehicle for the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, investing Rs. 1,572 crore (US$ 193 million) to supply 80% of output to India and strengthen cross-border clean energy collaboration.

Tata Power Renewable Energy Limited, has delivered a record breaking performance in Q1 FY26, reinforcing its market leadership in rooftop solar. The Company achieved an unprecedented 45,589 rooftop solar installations in Q1 FY26, marking a staggering 416% year-on-year growth compared to 8,838 installations in Q1 FY25. This milestone highlights Tata Power’s unwavering commitment to driving India’s clean energy transition.

Tata Power Renewable Energy Limited and Tata Motors have entered into a significant Power Purchase Agreement to collaboratively develop a 131 MW wind-solar hybrid renewable energy project, which is projected to generate around 300 million units of clean electricity annually and reduce CO₂ emissions by over 2,00,000 tons each year.

TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited, has secured a Rs. 455 crore (US$ 52.52 million) contract to supply 300 MWp ALMM-certified solar modules to Maharashtra State Power Generation Company for the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The modules will be delivered across Maharashtra this year as part of MSPGCL’s 750 MWp tender, awarded through a competitive e-Reverse Auction.

On May 13, 2024, Tata Power Group announced the commencement of commercial production of solar modules at its new facility in Tamil Nadu, with solar cell manufacturing expected to start next month, enhancing local capacity for solar projects and meeting domestic manufacturing requirements.

Tata Power plans to expand its renewable energy portfolio in Tamil Nadu by adding 1,000 MW of solar and wind power projects, supplementing its existing 500 MW facilities, and is investing Rs.4,300 crore (US$ 515 million) in manufacturing projects and Rs.6,000 crore (US$ 719 million) in solar and wind projects, including a 4.3 GW solar cell and module manufacturing plant in Tirunelveli

On November 8, 2023, Tata Power announced a Rs 60,000 crore (US$ 7.22 billion) investment plan over three years, with half going to renewables. They'll avoid new coal-based capacity, focusing on renewables and brownfield expansions like pumped storage projects. They aim to commission a 1,000 MW pumped storage project by 2027. Financing will be 70% debt and 30% equity. They target doubling revenues and profits in four years. The future of their coal-fired plant in Mumbai awaits government decisions.

On April 17, 2023, Tata Power-DDL, the distribution arm of Tata Power, signed a 200-MW hydro power purchase agreement with NVVNL. NVVNL will supply hydro power for five years from May to September, starting in 2023. This collaboration will help Tata Power-DDL expand its green energy portfolio.

In November 2023, Tata Power Renewable Energy Limited (TPREL) crossed the 1.4 GW capacity of group captive projects in last seven months. This achievement is the result of signing of Power Delivery Agreements (PDA) with various industries across segments.

As announced in September 2023, Tata Power Renewable Energy Ltd (TPREL) will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for TP Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. 

In August 2023, Tata Power Renewable Energy Limited (TPREL), a leading player in the renewable energy sector and a subsidiary of Tata Power, signed a Power Purchase Agreement (PPA) for 9MWp on campus solar plant with Tata Motors’ Pantnagar plant in Uttarakhand. This solar plant will be the largest campus solar facility in the State.

Tata Power Renewable Energy Limited commissions 110 MW solar power project for Kerala State Electricity State Board.

Ecofy partners with Tata Power Solar Systems Ltd to enable hassle-free and affordable rooftop solar financing.

Tata Power announced that it will operationalise the solar cell, module facility by December 2023.

In November 2022, Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from the Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) to set up a 150MW solar project in Solapur, Maharashtra.

In February 2022, Tata Power Solar agreed with the State Bank of India (SBI) to help finance solar power projects through a dedicated centralised processing cell – ‘Surya Shakti Cell’.

In September 2021, Tata Power’s subsidiary TP Saurya Limited (TPSL) announced plans to set up setting up of 250 MW Grid-Connected Solar Photovoltaic Power plant in Maharashtra.

In September 2021, Tata Motors inked a solar power purchase agreement with Tata Power to set up and run a 3 MW solar rooftop project at its passenger vehicle plant in Pune.

In June 2021, Tata Power installed smart meters in Mumbai to offer users options to optimise their electricity consumption in real-time.

In line with its commitment to provide 100% green power to Mumbai customers, in June 2021, Tata Power announced that over 37 consumers with a consumption of >19 MUs have opted for ‘Green Power’, this includes consumers from sectors such as Banks and Consumer Business Groups and IT firms.

In June 2021, Tata Power Solar secured a contract worth Rs. 686 crore (US$ 93.58 million) from the NTPC to build 210 MW projects in Gujarat.

In April 2021, Tata Power Solar expanded the manufacturing unit capacity by doubling its cells and modules capacity to 1,100 MW.

In April 2021, Tata Power and Social Alpha announced to invest in ‘URJA’, an Industrial IOT start-up, to build energy-efficiency capabilities.

The NTPC has awarded an EPC (engineering, procurement, and construction) contract worth Rs. 1,200 crore (US$ 163.44 million) to Tata Power Solar for constructing a 320 MW ground-mounted solar PV plant.

Tata Power partnered with SIDBI to provide low-cost, no-collateral rooftop solar financing to MSMEs.

Tata Power raised Rs. 1,000 crore (US$ 135.93 million) by issuing non-convertible debentures (NCDs).

Tata Power Solar Systems Ltd to develop a 250 MW solar project for NTPC

Won the bid for a 105 MWp floating solar energy project in Kerala

Tata Power Solar commissioned a 70 kW solar rooftop installation at India International Centre

Tata Power Solar received an award for the Active Promotion of TBEM

Tata Power installed solar rooftop solar solution at Cricket Club of India, Mumbai

Launched extensive residential rooftop solutions across India

Shipped 1 GW modules worldwide

Ranked #1 in the solar rooftop market by Bridge To India

Became a wholly owned subsidiary of the Tata Group

Became the largest cell manufacturer in India

Won Gold for Manufacturing Excellence by Frost & Sullivan

Module manufacturing expansion initiated

Commenced commercial manufacturing

Tata Power and BP Solar partner to establish Tata BP Solar