Tata Power Solar ranked as the top EPC contractor in the Indian rooftop solar market, report says
Tata Power Solar, India’s largest integrated solar player, has been ranked #1 EPC rooftop solar player in the recently published India Solar Rooftop report 2017 by Bridge To India, a leading cleantech consulting and knowledge services provider. According to the report, the total installed capacity in the rooftop segment is 1,396 MW as of 31st March 2017 including commercial, residential & industrial sector. Tata Power Solar leads the EPC market of 678 MW with a market size of over double than the closest competitor.
Commenting on the report findings, Vinay Rustagi, Managing Director, Bridge To India, said:
“It is very encouraging to see rapid growth in the Indian rooftop solar market, which is benefitting from falling costs and growing customer awareness. We expect rooftop solar to grow from about 1.4 GW today to 13.2 GW by 2021 contributing about 22% of total solar capacity in the country. The industry remains highly competitive but Tata Solar Power has been able to maintain its leadership position in the EPC business due to its strong branding and nationwide presence across the value chain.”
Tata Power Solar installed nearly 140 MW of solar rooftop projects and 605 MW of utility scale projects within the year. Some prominent projects commissioned were India’s first solar carport of 2.7MW at Cochin International Airport and India’s largest vertical solar farm at Dell International Services building.
Ashish Khanna, ED and CEO, Tata Power Solar, speaking on the ranking said:
“We are very happy to have retained this leadership position for fourth year and contributed to the solarisation of the country. This is a testimony to our capabilities and trust the consumers have on own brand. Backed by 27 years of experience we have been able to successfully deliver some prominent and diverse rooftop product offerings to cater to the ever evolving and challenging needs of our customers. We are confident that with more initiatives on policy framework including quality aspects there will be enormous growth particularly for Tata Power Solar in the rooftop segment.”
With a remarkable 27 year run, Tata Power Solar has cumulatively commissioned 140MW of rooftop and distributed generation projects till date.
Source: Press Release by Tata Power Solar.
