Tata Power Solar leads the EPC market of 678 MW with a market size of over double than the next rival.
The installed capacity in the rooftop segment has reached 1,396 MW in March 2017 including commercial, residential & industrial sector.
Tata Solar Power maintained its leadership in the EPC business due to its 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 in total. 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 of Tata Power Solar, said there will be enormous growth particularly for Tata Power Solar in the rooftop segment with more initiatives on policy including quality aspects.
“We expect rooftop solar to grow from about 1.4 GW to 13.2 GW by 2021 contributing about 22 percent of total solar capacity in the country,” said Vinay Rustagi, managing director of Bridge to India.