Adani set to overtake Tata in solar power

Armed with 648 MW of solar power plants in Tamil Nadu and many upcoming projects in other states, Adani group is all set to replace Tatas as the top solar power generation firm in the country in the next two years.

As per a study done by Mercom Capital Group, 11% of solar power projects (including those in the pipeline) in the country are with Adani. The company has projects in Tamil Nadu, Jharkhand, Odisha, Uttar Pradesh, Gujarat and Madhya Pradesh. The group is expected to overtake Tata Power, which, at present, leads in solar power generation installed capacity in the country.

Adani, which has only 5% of the total installed solar power capacity now, is fast heading towards the top slot with a total installed capacity of 2GW. Following Adani is ReNew Power and SunEdison. Read More…