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

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..