Vikram Solar Secures 150 MW Solar Module Supply Order From MAHAGENCO

Vikram Solar To Manufacture Solid-State Cell Batteries

Kolkata-based solar PV module manufacturer, Vikram Solar has received an order for a major renewable power project of 150 MW from Maharashtra State Power Generation (MAHAGENCO), a Maharashtra government undertaking.

Under the latest order received by Vikram Solar, it would deliver high-efficiency solar modules to the state utility. The company will provide 150 MW of advanced N-Type Modules, in the districts of Jalgaon and Solapur in the state of Maharashtra to MAHAGENCO under Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) project 2.0.

The commencement of the order delivery is set to be in the FY25-26. The implementation of this project is anticipated to boost the region’s renewable energy capacity, and advance environmental sustainability.

Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, commented: “We are proud to have secured this order, which marks another step forward in our mission to power a greener India through high-efficiency solar solutions. The trust placed in Vikram Solar is a reflection of our commitment to quality, innovation, and sustainability. As we continue to expand our presence in key markets, such as Maharashtra, our focus remains on delivering value and excellence to our partners and communities. We view Maharashtra as a high-potential market with a rapidly growing appetite for renewable energy, and we remain optimistic about the region’s accelerating demand trajectory.”

Vikram Solar, one of the an early leader in India’s solar manufacturing space, ranks ninth with an ALMM-enlisted capacity of 2.55 GW. With facilities in West Bengal and Tamil Nadu, the company is preparing for an IPO to fund further expansion in the solar sector.

Vikram Solar To Manufacture Solid-State Cell Batteries

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Vikaram Solar Expands Manufacturing Capacity

Vikram Solar earlier this year increased its manufacturing capacity with a 1 GW expansion at its Falta facility in West Bengal. Additionally, the manufacturing lines in the facility at Oragadam in Chennai, Tamil Nadu, have also been upgraded to allow the facility to manufacture more efficient technology modules, including TOPCON and HJT.

Vikram Solar Gets 1 GW Capacity Boost; Upgrades Facility

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These initiatives are all set to boost Vikram Solar’s annual nameplate production capacity to 4.5 GW, marking a significant step forward in the company’s growth trajectory within the renewable energy sector. The Falta Project, which commenced with the installation of essential equipment on December 5, 2024, has now successfully achieved its planned 1 GW capacity expansion. Furthermore, the expansion project in Chennai launched in July 19, has been completed and has further enhanced the production capabilities at the Oragadam manufacturing facility.