@Business Standard: Tata BP Solar has introduced a production line of 32 MW of solar photovoltaic (PV) cells at its plant in Bangalore. This new plant will scale up its capacity to produce cells and take it to the level of 84 MW with a module capacity of 125 MW. In 2008 the Company invested USD 100 mn for this expansion program.
Tata BP Solar is a 51:49 joint venture between BP Solar and Tata Power. It is engaged in the business of producing low-cost crystalline silicon cells and solar modules used to generate electricity from sunlight. Considering the fact that solar energy market in India is growing at an exponential rate this Company is expected to benefit from its expansion.