TP Solar And Vikram Solar Expand Manufacturing With New Facilities In Tamil Nadu

Tamil Nadu Chief Minister M.K. Stalin inaugurated TP Solar’s new solar cell and module manufacturing plant in Tirunelveli district. The facility, located at the Gangaikondan SIPCOT industrial estate, has a production capacity of 4.3 GW and was set up at an estimated cost of ₹3,800 crore. At another event in the district, the Chief Minister also laid the foundation stone for Vikram Solar’s upcoming manufacturing plant, which will have a 3 GW solar cell capacity and a 6 GW module capacity. This project is expected to involve an investment of ₹2,574 crore.

The TP Solar plant, a subsidiary of the Tata Group, is expected to create employment opportunities for around 4,000 people, while Vikram Solar’s project will provide jobs for approximately 2,500 individuals. A significant number of these job opportunities will be offered to women, according to the state government.

Tamil Nadu is recognized as India’s second-largest economy and a major hub for manufacturing and exports across various sectors. The Economic Survey for 2024-25 praised the Tamil Nadu government for successfully attracting investments and creating a large number of employment opportunities, particularly for women. The government has been implementing special initiatives to boost investment, generate employment for the youth, and drive economic growth to reach a one-trillion-dollar economy by 2030.

Tata Power Ltd signed the first Memorandum of Understanding (MoU) for this project in July 2022 and later signed a second MoU during the Global Investors Summit in January 2023 for additional investments. After inaugurating the facility, the Chief Minister toured the plant and interacted with women employees.