Tata Power's step-down arm TP Solar has set a CNY165 million ($22.6 million) industrial automation equipment order with RoboTechnik, a Chinese provider of PV production equipment. The request esteem is comparable to around 18.3% of RoboTechnik's 2022 audited operating income, reported RoboTechnik.
This is RoboTechnik's 3rd request from TP Solar, after equipment supply deals worth CNY13.6 million and CNY1.9 million signed in 2020 and 2022, respectively.
RoboTechnik, in any case, didn't unveil insights concerning the equipment to be provided and the conveyance courses of events.
TP Solar is setting up a Greenfield 4.3 GW PV cell and module manufacturing office in the Tirunelveli region of Tamil Nadu.