Tata Power Solar Systems on Wednesday put on stream additional module and cell manufacturing capacity, taking the total capacity to 1,100 megawatts (MW), from 700 MW that existed earlier. The company said it expected the demand to increase “due to supportive policy steps” taken by the government.
The announcement was made on a day when the Union Cabinet approved the Rs 4,500 crore production-linked incentive scheme for solar manufacturing to reduce import dependency. The company has increased the cell manufacturing capacity from 300 MW to 530 MW and panel making capacity to 580 MW from 400 MW.