Tata Power Plans Massive 10 GW Solar Ingots and Wafers Plant in Odisha

As per The Economic Times, Tata Power is evaluating a major upstream solar manufacturing project in Odisha as part of its plan to scale capacity and deepen integration across the solar value chain. 

Company Evaluates Odisha for 10 GW Manufacturing Facility 

Tata Power is in discussions with the Odisha government to establish a 10 GW ingots-and-wafers manufacturing unit, an investment estimated at ₹10,000 crore. 2 locations, Gopalpur and Cuttack are under evaluation because of their proximity to port infrastructure.  

Both sites offer strategic access to logistics, while the project remains at an early stage. The Gopalpur option aligns with the Tata Steel Special Economic Zone’s Gopalpur Industrial Park, which is under development on the eastern coast. 

Company’s Strategic Direction 

CEO & Managing Director Praveer Sinha recently confirmed that the company intends to set up a 10 GW ingots and wafers facility and is finalising the location. Tata Power currently operates 4.55 GW of cell and module capacity 4.3 GW in Tirunelveli, Tamil Nadu, and 250 MW in Bengaluru supporting its domestic and export ambitions.  

The backward integration move seeks to reduce the heavy reliance on imported wafers and ingots, which continue to raise production costs for Indian manufacturers. 

Tata Power’s Broader Expansion Plans 

As of October 2025, Tata Power’s renewable utility-scale portfolio stands at 5.7 GW comprising 4.7 GW of solar and 1 GW of wind, with an ambitious goal to reach 33 GW by FY30. The company also operates 8.86 GW of coal-fired power and is evaluating multiple sites for a potential nuclear energy foray.  

India’s solar industry continues to depend heavily on imports, particularly from China, which supplies nearly 80% of the country’s module imports. While import dependence has fallen from 88% in 2015 to 65–70%, domestic manufacturing remains insufficient for growing demand.  

India now has over 100 GW of ALMM-listed solar PV module capacity. Against this backdrop, Tata Power’s proposed project is expected to bring significant scale to upstream manufacturing and strengthen supply chain resilience. 

Read More: Tata Motors Passenger Vehicles Share Price Rises Over 2% as Sierra Targets 20–25% SUV Market Share! 

Tata Power Share Price Performance  

As of November 27, 2025, at 11:37 AM, Tata Power share price is trading at ₹394.10 per share, reflecting a gain of 0.66% from the previous closing price. Over the past month, the stock has declined by 1.54%. 

Conclusion 

The planned 10 GW ingots-and-wafers facility marks a major manufacturing step for Tata Power and underscores its long-term strategy to expand integrated solar production while supporting India’s broader solar ecosystem. 

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