Why Tata Power Is Investing ₹6,675 Crore In Odisha | CEO Explains Growth & Returns Strategy

Tata Power is making one of its biggest manufacturing bets yet. In an exclusive conversation with Business Today TV, the company's management explains the strategy behind its ₹6,675 crore investment in a 10 GW ingot and wafer manufacturing facility in Odisha. The project will be executed in two phases, with the first 5 GW expected to be operational by January 2028 - well ahead of the Government's domestic sourcing timeline. Management says the investment is aimed at strengthening India's solar manufacturing value chain while maintaining strict capital discipline. Tata Power also highlighted that over half of its growth capex is funded through internal cash flows, helping keep leverage under control. Watch this video for insights into Tata Power's manufacturing ambitions, capex roadmap and long-term growth strategy.