July 5, 2022
BJ/SH-L2/
BSE Limited
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National Stock Exchange of India Limited
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Corporate Relationship Department
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Exchange Plaza, 5th Floor,
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1st Floor, New Trading Ring,
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Plot No. C/1, G Block,
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Rotunda Bldg., P. J. Towers,
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Bandra-Kurla Complex,
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Dalal Street, Fort,
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Bandra (East),
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Mumbai 400 001.
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Mumbai 400 051.
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Scrip Code: 500400
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Symbol: TATAPOWER EQ
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Dear Sirs,
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Memorandum of Understanding with State Government for setting up
Mega Solar Manufacturing Plant in Tamil Nadu
This has reference to the press release dated July 4, 2022, the details, as required under Regulation 30 read with Schedule III to the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 and SEBI Circular dated 9th September 2015, are mentioned hereunder:
Sl.
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Details/clarifications
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Response
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No.
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a
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Existing capacity
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635 MW Modules & 500 MW Cells
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b
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Existing capacity utilization
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~90%
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c
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Proposed capacity addition
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4 GW Modules & 4 GW Cells
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d
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Period within which the proposed
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By FY24
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capacity is to be added
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e
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Investment required
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~₹ 3,000 - 3,400 crore
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f
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Mode of financing
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Mix of external debt and equity
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g
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Rationale
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For catering to in-house requirement of modules for
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Self- EPC, 3rd Party EPC, Rooftops & Pumps
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Yours faithfully,
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For The Tata Power Company Limited
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Company Secretary
Disclaimer
Tata Power Company Limited published this content on 05 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 July 2022 16:13:06 UTC.