Tata Power Renewable Energy Ltd (TPREL) has committed an investment of Rs 75,000 crore to achieve 20 GW of operational capacity by 2030, a senior company official said.
Speaking to PTI Videos on Tuesday, TPREL Chairman Deepesh Nanda said the company is already operating 5 GW capacity and has another 5 GW under construction.
“We are committed to increasing this figure to 20 GW of operational capacity by 2030,” he said.
To achieve this target, TPREL has committed an incremental investment of Rs 75,000 crore, he said, adding that the company can meet these targets, possibly ahead of schedule.
“We have just commissioned a massive 4.3 GW module manufacturing facility in Tirunelveli, which will further support our growth plans,” Nanda added.
Tata Power Renewable Energy Ltd is a subsidiary of Tata Power Ltd.
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First published: September 18, 2024 | 4:30 p.m. IS
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