Tata Power rolls out affordable Solar Rooftop SolutionsLaunches solar rooftop solutions starting from Rs 2499 in Odisha

Tata Power rolls out affordable Solar Rooftop SolutionsLaunches solar rooftop solutions starting from Rs 2499 in Odisha, backed by attractive financing options

Aiming to accelerate India’s clean energy transition with a target of 3 lakh rooftop installations in Odisha and 10 lakhs nationwide in the next 3 to 5 yearsTied up with OREDA to boost state wide solar adoptionLaunches lifestyle solar solutions by expanding the product portfolio beyond simple solar rooftop systemsBhubaneswar, June 17, 2025: Tata Power Renewable Energy Limited (TPREL), India’s leading rooftop solar company and a wholly owned subsidiary of Tata Power,

today announced the launch of India’s most affordable rooftop solar solution at Bhubaneshwar in Odisha under its ‘Ghar Ghar Solar’ campaign. The Company’s accessible, consumer-centric financing model makes rooftop solar affordable for a broader segment of Odisha’s population. Residents can install systems with minimal upfront investment starting from ₹2,499 for 1 kW, ₹4,999 for 2 kW, and ₹7,999 for 3 kW. This initiative is impactful for households, turning solar adoption from an aspiration into an economically viable option. This first-of-its-kind initiative is set to accelerate residential rooftop solar adoption across the state by enabling customers to pay just one-third of the total amount, making solar power more accessible, affordable, and seamlessly integrated into households. Odisha consumers gain substantial financial benefits through the PM Surya Ghar: Muft Bijli Yojana, which offers subsidies up to ₹78,000 for solar systems up to 3 kW, covering nearly 40% of installation costs. The initiative is further strengthened through the State Government’s additional subsidy of ₹25,000 for a 1 kW system, ₹ 50,000 for a 2 kW system, and up to ₹ 60,000 for systems 3 kW and above. This financial support significantly accelerates rooftop solar adoption, making clean energy solutions accessible to households across the state. System Capacity (kw)1 kw2 kw3 kwSubsidy(Central + State)Rs. 55000Rs. 110000Rs. 138000Up-front PaymentRs. 2499/-Rs. 4999/-Rs. 7499/-Monthly Instalments(starting from)Rs. 1249/-Rs. 2499/-Rs. 3299/-Tenure(months)302530 *Shorter tenure options are also availableTo cater to evolving needs, Tata Power has also introduced two enhanced Lifestyle solutions for residential customers:• MySine – a compact, intelligent solar + battery backup system for uninterrupted power• Solar Design Spaces – a curated range of 25 aesthetic rooftop installations blending sustainability with styleOdisha has already witnessed a remarkable surge in rooftop solar adoption, significantly driven by the growing awareness created through the ‘Ghar Ghar Solar’ initiative. The total consumer base has grown over four times, from 430 to 1,759, underscoring the deepening penetration of solar energy among both residential and commercial consumers. In FY25 alone, the Company onboarded 1,033 new solar rooftop customers, a tenfold increase from FY24 in the state. The Commercial & Industrial (C&I) segment also showed consistent growth in Odisha, with 76 consumers added in FY25, up from 56 consumers in FY24.TPREL, the No 1 Rooftop Solar company for 10 years now, offers a comprehensive range of benefits to its solar rooftop consumers, including a 25-year warranty on modules, trusted quality assurance, exclusive sales and service in over 450+ districts, lifetime service and after-sales support across India, easy financing options, and insurance for solar rooftop systems.With easy financing, pan-India presence, and wide-ranging innovations, Tata Power is making clean energy mainstream, empowering every Indian home to be solar-ready.Interested customers can call our helpline at 18002577777 to know more about the installation of solar rooftop under the #GharGharSolar campaign.About Tata Power:Tata Power is a leading integrated power company and a part of Tata Group, India’s largest multi-national business conglomerate. The company has a diversified portfolio of 15,010 MW, spanning across the entire power value chain – from renewable and conventional energy generation to transmission & distribution, trading, storage solutions and solar cells and module manufacturing. As a pioneer of clean energy transition in India, Tata Power has 6150 MW of clean energy generation, which constitutes 41% of its total capacity. The company has also committed to achieve carbon neutrality before 2045.Tata Power has established India’s most comprehensive clean energy platform, with offerings such as rooftop solar, microgrids, storage solutions, EV charging infrastructure, home automation et al. The company has also attracted global investors to support its growth and vision. Tata Power has successfully partnered with public and private entities in generation, transmission & distribution sectors in India, serving approx.13 million customers across the country. To know more about Tata Power, visit www.tatapower.comDisclaimer:The following press release/announcement may contain forward-looking statements within the meaning of applicable securities laws and regulations. These statements are based on management’s current views, expectations, assumptions, and projections regarding the Company’s future performance, business plans, growth prospects, competitive and regulatory environment, and other related matters. Such forward-looking statements are subject to various risks and uncertainties, which may cause actual results to differ materially from those expressed or implied in the statements. Factors that could cause actual results to differ materially from those contemplated in the forward-looking statements are not limited to changes in economic conditions affecting demand/supply and price conditions in the domestic and overseas markets in which the Company operates, alterations in the business environment, fluctuations in Government regulations, laws, statutes, judicial pronouncements, and other incidental factors. The Company does not undertake any obligation to publicly update or revise any forward-looking statements based on subsequent events, information, or developments, except as required by applicable laws and regulationsFor more information:Tata Power- Corporate CommunicationsJyoti Kumar Bansal, Chief – Branding & Communications, Tata Power Email: [email protected] Gaur – Head PR, Tata PowerE-mail: [email protected] PR:Siddharth Kumar, Adfactors PRM: +91 9902929187 Email: [email protected]

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