New Delhi, Nov. 11 -- Tata Power plans to set up a wafer and ingot manufacturing facility with a 10GW capacity, its chief executive officer and managing director (CEO & MD) Praveer Sinha said on Tuesday.

This would be Tata Power's foray into the wafer and ingot space. Currently, it has an integrated module and cell manufacturing capacity of 4.9GW. Ingots and wafers are base materials used to make solar cells.

"As far as our backward integration is there, we have plans to set up a 10 gigawatt wafer and ingot plant. We are deciding on the location of the plant and the technology and, hopefully, we will be in a position to finalize it," he said.

On plans to expand the modules capacity, Sinha said the company has adequate capacity for modu...