Tata Power Eyes Rs. 25 bn Solar Investment in Bengal, Seeks Subsidy
POWER & RENEWABLE ENERGY

Tata Power Eyes Rs. 25 bn Solar Investment in Bengal, Seeks Subsidy

Tata Power is exploring solar power projects worth around Rs. 25 bn in West Bengal and has urged the state government to provide additional subsidies for rooftop installations. The company is also targeting rooftop solar systems in 300,000 homes across the state over the next three years, citing significant potential for higher adoption.

Sanjay Banga, chief executive officer and managing director of Tata Power Renewable Energy, said a state incentive modelled on schemes in Odisha, Bihar and Assam could make rooftop systems more affordable for low-income households. The proposed support could range from Rs. 15,000 to Rs. 25,000 per project, in addition to assistance available under the Centre’s PM Surya Ghar Muft Bijli Yojana.

Tata Power has installed about 6,000 rooftop solar systems in West Bengal, out of nearly 22,000 households covered under the national programme in the state. The company said the upfront cost remained a key barrier despite central assistance, which provides Rs. 30,000 for a 1-kW system and up to Rs. 78,000 for a 3-kW installation.

The company is promoting a zero-down-payment financing scheme for residential solar projects through a panel of banks. It is also examining several solar power plants with a combined capacity of about 500 MW, involving an investment of around Rs. 25 bn. Land availability remains a challenge, and the company has approached the state government regarding possible locations.

The projects could be distributed across multiple sites depending on land availability. Banga proposed that the state identify non-agricultural land, develop infrastructure and invite renewable energy developers to establish solar parks. Under the suggested model, private companies would install generation facilities and supply power to the West Bengal State Electricity Distribution Company (WBSEDCL) under long-term agreements.

Tata Power estimated that electricity from such projects could be supplied at about Rs. 3 per unit, compared with WBSEDCL’s average procurement cost of Rs. 4 to Rs. 5 per unit. The company said it would be interested in participating if the state provided suitable land and grid connectivity, citing similar approaches in Rajasthan and Karnataka.

Tata Power is exploring solar power projects worth around Rs. 25 bn in West Bengal and has urged the state government to provide additional subsidies for rooftop installations. The company is also targeting rooftop solar systems in 300,000 homes across the state over the next three years, citing significant potential for higher adoption. Sanjay Banga, chief executive officer and managing director of Tata Power Renewable Energy, said a state incentive modelled on schemes in Odisha, Bihar and Assam could make rooftop systems more affordable for low-income households. The proposed support could range from Rs. 15,000 to Rs. 25,000 per project, in addition to assistance available under the Centre’s PM Surya Ghar Muft Bijli Yojana. Tata Power has installed about 6,000 rooftop solar systems in West Bengal, out of nearly 22,000 households covered under the national programme in the state. The company said the upfront cost remained a key barrier despite central assistance, which provides Rs. 30,000 for a 1-kW system and up to Rs. 78,000 for a 3-kW installation. The company is promoting a zero-down-payment financing scheme for residential solar projects through a panel of banks. It is also examining several solar power plants with a combined capacity of about 500 MW, involving an investment of around Rs. 25 bn. Land availability remains a challenge, and the company has approached the state government regarding possible locations. The projects could be distributed across multiple sites depending on land availability. Banga proposed that the state identify non-agricultural land, develop infrastructure and invite renewable energy developers to establish solar parks. Under the suggested model, private companies would install generation facilities and supply power to the West Bengal State Electricity Distribution Company (WBSEDCL) under long-term agreements. Tata Power estimated that electricity from such projects could be supplied at about Rs. 3 per unit, compared with WBSEDCL’s average procurement cost of Rs. 4 to Rs. 5 per unit. The company said it would be interested in participating if the state provided suitable land and grid connectivity, citing similar approaches in Rajasthan and Karnataka.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

Thiruvananthapuram Airport to Get Rs. 25 bn Terminal Expansion

Thiruvananthapuram International Airport, managed by Adani Airports, will undergo a Rs. 25 bn terminal expansion under Project Anantha. The project is intended to increase international passenger-handling capacity and improve operational efficiency at the Kerala airport. The groundbreaking ceremony is scheduled for October 15, coinciding with the airport completing five years under its current management. The development will cover approximately 92,552 square metres and raise annual international passenger capacity from 3.5 mn to around 11.5 mn. Project Anantha forms part of a wider transforma..

Next Story
Infrastructure Transport

PM Modi Inaugurates Leh Airport Terminal Costing Rs. 6.4 bn

Prime Minister Narendra Modi inaugurated the new passenger terminal at Leh Airport on October 15, 2026, adding capacity at one of the world’s highest commercial airports. The facility, built at a cost of Rs. 6.4 bn, has been designed to handle 3.5 mn passengers annually and support rising air travel demand in Ladakh. The terminal covers 23,810 square metres and combines modern airport infrastructure with design elements inspired by Ladakh’s local art and cultural heritage. A video shared by Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu showed the check-in area, airline counters, ..

Next Story
Infrastructure Transport

Kerala Examines Land Acquisition for Kannur Airport Expansion

The Kerala government is examining the land acquisition process for the proposed expansion of Kannur International Airport and plans to take an early decision on difficulties faced by affected families, Chief Minister V D Satheesan told the state Assembly on Thursday. He was responding to a submission by MLA T K Govindan. The proposed project involves extending the airport runway from 3,050 metres to 4,000 metres. The government granted administrative sanction on December 27, 2016, to acquire 99.92 hectares, but the process remains incomplete despite a notification issued in 2017. The governme..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code