Vikram Solar Appoints Narayan Lodha As Chief Financial Officer

Vikram Solar Appoints Narayan Lodha As Chief Financial Officer

Vikram Solar, an Indian solar module manufacturer today announced an addition to its leadership team. The company announced the appointment of Narayan Lodha as its Chief Financial Officer.

“Lodha’s appointment is a testament to our strategic vision for scaling operations and pioneering state-of-the-art solutions in both established and emerging markets, particularly in the field of sustainable energy. Concurrently, Krishna Kumar Maskara embarks on a new voyage, ascending to a pivotal position as President – Corporate, reinforcing our commitment to leadership depth and strategic foresight. Collectively, these strategic realignments propel Vikram Solar to the forefront of the solar sector’s advancement, spearheading the development of sustainable and innovative solutions,” the firm said in a media statement.

A seasoned financial expert, Lodha brings with him over 20 years of proven experience with a career that includes key roles at reputed organizations like True North, Indian Energy Exchange, Ravindra Energy Limited, and Bhilwara Energy Limited. Being a Chartered Accountant (CA) and Company Secretary (CS) gives him the extra edge to contribute consequentially to the company’s long-term goals positioning Vikram Solar for a competitive edge in the renewable energy sector.

Gyanesh Chaudhary, Chairman & Managing Director (CMD), Vikram Solar said, “In welcoming Narayan Lodha into the Vikram Solar family, we stand at the threshold of a transformative era, marked by ambitious expansions and exhilarating new ventures destined to propel our organization to unprecedented heights. As our Chief Financial Officer, Lodha will helm the financial navigation of our enterprise, masterfully overseeing the vast expanse of financial planning and analysis, budgeting, treasury management, risk assessment, and Corporate Finance. It is with a profound sense of certainty that we anticipate his leadership to not only enhance our financial efficiency but also to harness and leverage new opportunities, thereby catalyzing our journey towards excellence and innovation.”

Vikram Solar Limited is a solar energy solutions providers in India, specializing in efficient photovoltaic (PV) module manufacturing, with an international presence across 32 countries, portfolio of 1.42 GW EPC projects (commissioned + under execution) and 1,899 employees. Headquartered in Kolkata, West Bengal, it is one of the largest PV module manufacturers in India with a cumulative production capacity of 3.5 GW.

Vikram Solar claims that it is a ‘Top Performer’ in PVEL’s PV module reliability scorecard and has been included in the Tier 1 solar PV modules manufacturer list of BloombergNEF. Vikram Solar deploys technology to design, install and commission solar projects. The company has a distribution network connecting more than 40 cities, ensuring the availability of solar products and solutions across 600+ locations in India.