March 03, 2015 11:45 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Tata Power Solar Systems Limited

Company Overview

Tata Power Solar Systems Limited designs, develops, manufactures, and supplies solar solutions. The company offers solar modules, solar lighting products, and solar thermal products. It also provides solar water pumps, solar refrigerators, solar road studs, solar road flashers, solar signage, solar manpacks, and solar educational kits. In addition, it engages in designing and engineering megawatt-scale grid-connected solar power plants. The company offers solutions for BIPV, hybrid systems, railways, defense, and offshore platforms; and various sectors, such as telecom, oil and gas, education, healthcare, IT companies, roads and highways, and banking. It offers its products through dealers, ...

78, Electronics City

Hosur Road

Bangalore,  560 100

India

Founded in 1989

Phone:

91 80 6660 1300

Fax:

91 80 2852 0116

Key Executives for Tata Power Solar Systems Limited

Chief Executive Officer
Chief Financial Officer and Company Secretary
Age: 52
Director and Chief Executive Officer of BP Solar
Age: 48
Senior General Manager
Compensation as of Fiscal Year 2014.

Tata Power Solar Systems Limited Key Developments

Tata Power Solar Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Tata Power Solar announced earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported operating income of INR 1.97 billion as compared to INR 3.44 billion in the third quarter of 2014. LBITDA was INR 0.02 billion as compared to EBITDA of INR 0.07 billion in the third quarter of 2014. Loss after tax was INR 0.32 billion as compared to INR 0.18 billion in the third quarter of 2014. For the nine months, the company reported operating income of INR 5.88 billion as compared to INR 6.65 billion in the third quarter of 2014. LBITDA was INR 0.02 billion as compared to EBITDA of INR 0.16 billion in the third quarter of 2014. Loss after tax was INR 0.91 billion as compared to INR 0.56 billion in the third quarter of 2014.

Tata Power Solar Systems Limited Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Tata Power Solar Systems Limited announced unaudited earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported operating income of INR 1,630 million against INR 1,580 million a year ago. Loss after tax was INR 300 million against INR 240 million a year ago. For the six months, the company reported operating income of INR 3,910 million against INR 3,210 million a year ago. Loss after tax was INR 590 million against INR 380 million a year ago. EBITDA was INR 0 against INR 70 million a year ago.

Tata Power Solar to Supply Modules to LN Bangur Group for 10MW Project

Tata Power Solar announced that it has won a significant DCR order under JNNSM phase-2 batch-1. The company will supply the entire module requirement for the 10 MW project to be built by Palimarwar Solar Project Private Limited in Rajasthan which belongs to the L N BANGUR Group and is held under its renewable energy arm, LNB Renewable Energy (Pvt) Ltd. The 45,000 modules needed for the project will be manufactured at TPS' manufacturing facility in Bangalore.

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