Tata Power Solar Systems Limited

Tata Power Solar Systems Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U40106MH1989PLC330738 Incorporated 27 November 1989 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company energy and power
Data last updated
Revenue · FY 2024
₹11,748 Cr
▲ 70.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹250 Cr
Registered with MCA
Paid-up capital
₹229.78 Cr
Issued & subscribed
Open charges
None
Satisfied ₹2,336.68 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
1,253
Latest available

About Tata Power Solar Systems Limited

Data last updated: 12 October 2025

Tata Power Solar Systems Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Tata Power Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in bop and btg services, a part of the broader energy and power sector. Incorporated on 27 November 1989.

Registered with ROC Mumbai under CIN U40106MH1989PLC330738.

Capital: an authorised share capital of ₹250 Cr and a paid-up capital of ₹229.78 Cr. Formerly known as Tata Bp Solar India Limited. It was led by directors including Seethapathy Chander and Praveer Sinha.

Last AGM: 11 July 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹11,748 Cr, a growth of 70% compared to the previous year.

The company had a reported workforce of approximately 1,253 employees prior to being dissolved. It operated as a subsidiary of Tata Power Renewable Energy Limited. Its group structure included 1 subsidiary.

The company was associated with 2 brands - Mnm Solar Power Systems, Tata Power Solar. As per MCA filings, the company had satisfied charges of ₹2,336.68 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is tatapowersolar.com.

Company Details of Tata Power Solar Systems Limited
CIN U40106MH1989PLC330738
Registration Number 330738
Incorporation Date 27 November 1989
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 11 July 2024
Date of Balance Sheet 31 March 2024
Parent Company Tata Power Renewable Energy Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Apps
  • Registered Address
    C/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC, Power Equipment Manufacturers
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Financials, compliance, directors, charges, ownership and filings for Tata Power Solar Systems Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Tata Power Solar Systems Limited

Tata Power Solar Systems Limited has one previous CIN (Corporate Identification Number): U40106KA1989PLC034989. The current CIN is U40106MH1989PLC330738, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U40106MH1989PLC330738 Current
U40106KA1989PLC034989 Previous

Associated Brands with Tata Power Solar Systems Limited

Tata Power Solar Systems Limited operates two associated brands: MNM Solar Power Systems and Tata Power Solar. These brands represent Tata Power Solar Systems Limited's diversified market presence and brand portfolio.

Brand Description Website
Offers solar power systems, installation, and maintenance for residential and commercial clients. mnmsolar.com
Manufactures photovoltaic modules and solar cells for renewable energy solutions. tatapowersolar.com

Competitors & Alternatives of Tata Power Solar Systems Limited

Brands and companies operating in the same space as Tata Power Solar Systems Limited include Lightsource BP, Fourth Partner Energy, Freyr Energy and 7 more.

Competitor Description Location Founded
Lightsource BP Lightsource BP Solar energy projects are developed and operated by Lightsource BP. Holborn, United Kingdom, United Kingdom 2010
Fourth Partner Energy Fourth Partner Energy On-grid and off-grid solar solutions and products are provided. Hyderabad, India, India 2010
Freyr Energy Freyr Energy Solar energy projects are developed for residential and commercial applications. Hyderabad, India, India 2014
Trina Solar Trina Solar Photovoltaic cells for PV and smart energy solutions are developed. San Jose, United States, United States 1997
GREW GREW Provider of a range of solar products and services Ahmedabad, India, India 2022
Oxford Photovoltaics Oxford Photovoltaics Perovskite-based solar cells are provided for BIPV applications. Oxford, United Kingdom, United Kingdom 2010
Prozeal Green Prozeal Green Provider of solar EPC, IPP services, and battery energy storage systems Ahmedabad, India, India 2011
Mahindra Susten Mahindra Susten Turnkey EPC services for solar power plants are provided. Mumbai, India, India 2010
Growatt Growatt Solar PV modules are manufactured by Growatt in China. Shenzhen, China, China 2011
Sterling And Wilson Sterling And Wilson EPC and MEP services are provided across diverse sectors. Mumbai, India, India 1927

Business Activity of Tata Power Solar Systems Limited

Tata Power Solar Systems Limited is engaged in the principal business activity of manufacturing, with detailed activities including electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C10 Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment Locked
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Auditor Details of Tata Power Solar Systems Limited

Tata Power Solar Systems Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
S.R. Batliboi & Associates LLP Locked Locked Locked
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Complete auditor history for Tata Power Solar Systems Limited

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Board of Directors and KMP of Tata Power Solar Systems Limited

Tata Power Solar Systems Limited currently reports 8 directors and 2 key managerial personnel. 46 former directors have served the organization.

Directors and KMP (as last reported)
Name Designation Appointment Date Tenure Status
Seethapathy Chander Director 27 Mar 2020 6 Years 3 Months As last reported
Praveer Sinha Director 04 May 2018 8 Years 2 Months As last reported
Rajeev Sharma Director 06 Oct 2021 4 Years 9 Months As last reported
Sanjeev Churiwala Director 13 Jun 2022 4 Years 1 Months As last reported
Bipin Narayan Kulkarni Cfo 14 Oct 2022 3 Years 8 Months As last reported
Deepesh Kiranchandra Nanda Director 21 Nov 2023 2 Years 7 Months As last reported
Showing 6 of 10 current directors and KMP. View all directors and KMP

Financials of Tata Power Solar Systems Limited FY 2024 filings available

Tata Power Solar Systems Limited reported revenue of ₹11,748 Cr (up 70.00% YoY) for FY 2024.

Revenue · FY 2024
₹11,748 Cr ▲ 70.00%
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Ten-year financial statements for Tata Power Solar Systems Limited

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Ownership and Shareholding of Tata Power Solar Systems Limited

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Group Structure of Tata Power Solar Systems Limited

Tata Power Solar Systems Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Tata Power Solar Systems Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Chirasthaayee Saurya Limited U40101MH2016PLC330252 Locked

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Tata Power Solar Systems Limited

Open charges
₹0
Satisfied charges
₹2,336.68 Cr
Breakdown by lending institutions
State Bank of India₹1,596.65 Cr
Others₹280.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹152.50 Cr
Indusind Bank Limited₹100.00 Cr
Bnp Paribas₹65.29 Cr
Others₹142.25 Cr
Latest charge details
DateLenderAmountStatus
08 Mar 2021 Others ₹50 Cr Satisfied
12 Nov 2020 Others ₹100 Cr Satisfied
30 Jun 2017 Others ₹130 Cr Satisfied
26 May 2015 Dcb Bank Limited ₹25 Cr Satisfied
07 May 2015 Indusind Bank Limited ₹100 Cr Satisfied

Total charge records: 17 View all charges

Employees and EPFO Compliance at Tata Power Solar Systems Limited

Tata Power Solar Systems Limited has a workforce of 1,253 employees as of Oct 12, 2025.

Employee count
1,253
Active EPFO establishments
1
Employee growth
1.62%
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Employee and EPFO history for Tata Power Solar Systems Limited

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GST Compliance of Tata Power Solar Systems Limited

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GST registrations and filing compliance for Tata Power Solar Systems Limited

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Credit Ratings, Litigation & Regulatory Alerts for Tata Power Solar Systems Limited

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Credit ratings, litigation, and regulatory alerts for Tata Power Solar Systems Limited

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MSME Payment Delays by Tata Power Solar Systems Limited

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MSME payment history for Tata Power Solar Systems Limited

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Subsidiaries & Group Companies of Tata Power Solar Systems Limited

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Corporate group structure for Tata Power Solar Systems Limited

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MCA Filings & Documents of Tata Power Solar Systems Limited

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MCA filings and documents for Tata Power Solar Systems Limited

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Recent Activity on Tata Power Solar Systems Limited

Charges
12 Aug 2024
A charge registered on 09 Jan 2004 via Charge ID 80028704 with State Bank Of India was fully satisfied on 12 Aug 2024.
Activity
11 Jul 2024
Tata Power Solar Systems Limited last Annual general meeting of members was held on 11 Jul 2024 as per latest MCA records.
Activity
31 Mar 2024
Tata Power Solar Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
05 Dec 2023
A charge registered on 08 Mar 2021 via Charge ID 100431707 with Others was fully satisfied on 05 Dec 2023.
Charges
05 Dec 2023
A charge registered on 12 Nov 2020 via Charge ID 100397436 with Others was fully satisfied on 05 Dec 2023.
Directors
21 Nov 2023
Deepesh Kiranchandra Nanda was appointed as a Director on 21 Nov 2023 & has been associated with this company since 2 years 7 months.

Frequently Asked Questions about Tata Power Solar Systems Limited

Tata Power Solar Systems Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Tata Power Solar Systems Limited is a amalgamated public limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 27 November 1989 and is registered under CIN U40106MH1989PLC330738. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Tata Power Solar Systems Limited was incorporated on 27 November 1989. Registered with ROC Mumbai.

The current directors and KMP of Tata Power Solar Systems Limited are:

The CIN (Corporate Identification Number) of Tata Power Solar Systems Limited is U40106MH1989PLC330738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Tata Power Solar Systems Limited is energy and power. The company specifically operates in bop and btg services.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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