Tata BP Solar is a joint venture of BP Solar (51%) with Tata Power (49%). Tata BP Solar has played an active role in developing the Indian solar market over the last 20 years during the phase when only off-grid products such as solar lanterns and home lightings systems and solar street lights could be sold in India. The company has established rooftop and free field solar power plants and megawatt-scale grid connected solar power plants in Germany, Spain, USA, Australia and Italy.
The company has a cell manufacturing capacity of 84 MW and module manufacturing capacity of 125 MW.
According to reports, Tata BP Solar, the pioneer and market leader in the Indian solar industry, received the “EFY Readers Choice Award 2010” and its CEO, Mr K Subramanya, received the “Electronics Man of the Year 2010” award at an impressive ceremony held during the EFY Expo at New Delhi on Friday 18 Feb 2011. Champions of the electronics industry across 26 product categories and four special categories were recognised and felicitated for their contribution to the growth and development of Indian electronics industry by the Electronics for You (EFY) magazine group.
Adi Engineer, Chairman of Tata BP Solar, welcomed the news and expressed great satisfaction that the sterling performance of Tata BP Solar in creating and developing the solar market in India under its CEO, Mr K Subramanya, and its leadership team, was receiving due recognition from the Indian electronics industry. Tata BP Solar had won this prestigious award in 2009 as well.
However, K Subramanya, CEO, Tata BP Solar, has been a critique of the National Solar Mission and has said that competitive tariff bidding in the first phase of the National Solar Mission will lead to failed projects.
What is pertinent to note here is that, most of the project developers in the state of Gujarat have awarded the order for panels to foreign manufacturers and those in the National Solar Mission are also being bagged by mostly foreign thin film providers. Indian developers when speaking to Panchabuta have opined that the Indian manufacturers have been unable to match the cost and provide the funding mechanisms that the overseas players are offering currently.
Further, most developers when speaking to Panchabuta have dismissed Mr. Subramanya’s acquisition of developers using cheap technology as banks would refuse that and hence not a workable strategy.