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.
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Email*****@*****.com
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Telephone+91-****-******
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Registered AddressC/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
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IndustryEnergy and Power, BoP & BTG Services, Power EPC, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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
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Solar energy projects are developed and operated by Lightsource BP. | Holborn, United Kingdom, United Kingdom | 2010 |
Fourth Partner Energy
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On-grid and off-grid solar solutions and products are provided. | Hyderabad, India, India | 2010 |
Freyr Energy
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Solar energy projects are developed for residential and commercial applications. | Hyderabad, India, India | 2014 |
Trina Solar
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Photovoltaic cells for PV and smart energy solutions are developed. | San Jose, United States, United States | 1997 |
GREW
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Provider of a range of solar products and services | Ahmedabad, India, India | 2022 |
Oxford Photovoltaics
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Perovskite-based solar cells are provided for BIPV applications. | Oxford, United Kingdom, United Kingdom | 2010 |
Prozeal Green
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Provider of solar EPC, IPP services, and battery energy storage systems | Ahmedabad, India, India | 2011 |
Mahindra Susten
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Turnkey EPC services for solar power plants are provided. | Mumbai, India, India | 2010 |
Growatt
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Solar PV modules are manufactured by Growatt in China. | Shenzhen, China, China | 2011 |
Sterling And Wilson
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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 | ********* |
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 | blur-value | blur-value | blur-value |
Board of Directors of Tata Power Solar Systems Limited
Tata Power Solar Systems Limited is currently managed by 11 directors, with 46 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seethapathy Chander | Director | 27 Mar 2020 | 6 Years 3 Months | As last reported |
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Praveer Sinha
Also directs:
Tp Southern Odisha Distribution Limited, The Tata Power Company Limited, Tata Projects Limited and 5 more
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Director | 04 May 2018 | 8 Years 2 Months | As last reported |
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Rajeev Sharma
Also directs:
Tp Western Odisha Distribution Limited, Sarda Energy & Minerals Limited, Jsw Energy Limited and 5 more
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Director | 06 Oct 2021 | 4 Years 9 Months | As last reported |
| Sanjeev Churiwala | Director | 13 Jun 2022 | 4 Years 1 Months | As last reported |
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Bipin Narayan Kulkarni
Also directs:
Tp Kirnali Solar Limited, Tp Akkalkot Renewable Limited
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Cfo | 14 Oct 2022 | 3 Years 8 Months | As last reported |
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Deepesh Kiranchandra Nanda
Also directs:
Hypervault Ai Data Center Limited
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Director | 21 Nov 2023 | 2 Years 7 Months | As last reported |
Financials of Tata Power Solar Systems Limited FY 2024 filings available
Tata Power Solar Systems Limited reported revenue of ₹11,748 Cr (up 70% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Tata Power Solar Systems Limited
As of FY 2024, Tata Power Solar Systems Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Chirasthaayee Saurya Limited | U40101MH2016PLC330252 |
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Showing major subsidiaries. Total: 1.
Charges & Borrowings of Tata Power Solar Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 & EPFO Data of Tata Power Solar Systems Limited
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GST Compliance of Tata Power Solar Systems Limited
GSTIN & GST Filing Data of Tata Power Solar Systems Limited
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Credit Ratings, Litigation & Regulatory Alerts for Tata Power Solar Systems Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Tata Power Solar Systems Limited
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MSME Payment Delays by Tata Power Solar Systems Limited
MSME Payment Delays by Tata Power Solar Systems Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Tata Power Solar Systems Limited
Subsidiaries & Group Companies of Tata Power Solar Systems Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Tata Power Solar Systems Limited with ownership details.
MCA Filings & Documents of Tata Power Solar Systems Limited
MCA Filings & Documents of Tata Power Solar Systems Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Tata Power Solar Systems Limited
Recent News on Tata Power Solar Systems Limited
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 of Tata Power Solar Systems Limited are:
- Seethapathy Chander
- Praveer Sinha
- Rajeev Sharma
- Sanjeev Churiwala
- Bipin Narayan Kulkarni
- Deepesh Kiranchandra Nanda
- Edward Winter
- Aditi Raja
- Sanjay Vijay Bhandarkar
- Santosh Chandrasekhar Ramanathan
- Mahesh Dinkar Paranjpe
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.