OREANDA-NEWS. September 6, 2012. Tata BP Solar India Limited formally announced name change to Tata Power Solar Systems Limited (Tata Power Solar). As part of a previously announced restructuring, Tata Power Solar is now a wholly owned subsidiary of Tata Power - the largest integrated power company in India.

In addition, Tata Power Solar also announced a new Chief Executive Officer (CEO), Mr. Ajay Goel - an alumnus of IIT-Delhi with an MBA from the University of Chicago. He brings over 20 years of broad industry experience to the team, with the last five years deeply focused on leading and transforming the face of the solar industry in North America.

Under the leadership of their new CEO, Ajay Goel, Tata Power Solar is ready to take the solar business forward with renewed vigor.

"I am truly excited and honored to join a team that pioneered the solar industry in India and remains at its vanguard even after 20 dynamic years. With its deep roots and passion for solar, I am confident that we will make Tata Power Solar the leading solar company in the world”, said Mr. Ajay Goel CEO, Tata Power Solar.

As one of the largest solar companies in India, Tata Power Solar offers:

A wide range of innovative solar systems and solutions for rural and commercial markets, supported by a network of 150 dealers and service centers

The expertise and capabilities to provide complete EPC solutions for large grid-connected solar power plants. They completed 50MW of such projects last year

A sophisticated 84MW solar cell manufacturing facility and 125MW module manufacturing facility

A competent green workforce of over 600 employees, with deep expertise in solar

At the core of Tata Power Solar is the passion to harness solar energy to bring electricity to the masses. It has electrified over 500 rural villages in India and installed over 100 solar power plants in tough terrains of Ladakh. In addition, the Company develops unique power solutions for large industrial clients such as railways, defense and telecom.

Mr. Anil Sardana, Managing Director, Tata Power, pointed out that, "In line with Tata Power's commitment to clean, green energy, we are happy to integrate Tata Power Solar as a sunrise business into our operations. Tata Power Solar embodies our focus and passion for sustainability and care for the environment and moves us closer to our commitment to sustainability and lighting up lives”.