Tata Group to install 4GW solar PV cell production unit in Tamil Nadu

06 Dec 2021 CW Team

Tata Group’s solar power arm is in the final stages of discussions with the Tamil Nadu government as it proposes to install a 4GW integrated solar photovoltaic cell production unit in Gangaikondan near Tirunelveli.

The investment by Tata would be approximately Rs 3,000 crore with an employment generation potential of 2,000 locals, predominantly women, highly placed authorities in the Tamil Nadu government told the media. The investment commitment by Tata Group is observed as vital as it will support the state to showcase itself as an attractive solar power production location. It is additionally likely to enhance investments to southern states which have not drawn too many till now.

The state is already home to Vikram Solar, which launched its factory in July to make solar panels with 1.2 GW capacity in Oragadam. US-based First Solar is breaking ground for its greenfield facility in Pillaipakkam near Chennai on Tuesday. First Solar is funding $684 million in a completely vertically integrated photovoltaic thin-film solar module production plant with a capacity of 3.3GW and is likely to begin operations in the second half of 2023.

Solar panel production is the next hot area for investment flows as the scramble for renewable energy, more particularly solar, gains momentum. More so with the Prime Minister pledging to match 50% of the nation's energy demands from renewable energy by 2030. Billionaire Mukesh Ambani-led Reliance Industries would develop four Giga facilities in Jamnagar to produce solar photovoltaic cells, green hydrogen, batteries and fuel cells for Rs 60,000 crore. These manufacturing facilities will power Reliance’s dreams to develop 100GW of solar energy production capacity. Adani Group is additionally getting aggressive on the solar front with ideas to produce photovoltaic cells for 3.5 GW of solar power.

Image Source

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..