Vikram Solar Gets 250 MW Solar Module Order From GIPCL

Kolkata-based Vikram Solar has secured a 250 MW solar module supply order from Gujarat Industries Power Company Ltd (GIPCL). It has received a Letter of Intent (LoI) from GIPCL, Vikram Solar said in a statement. The modules will be supplied under the the government’s Approved List of Models and Manufacturers (ALMM), it added.

The agreement entails the manufacturing, testing, and delivering of high-efficiency, bifacial solar PV modules ranging from 540Wp to 570Wp in capacity. The modules will be installed at a renewable energy park near village Khavda, Gujarat, it release said.

“We are thrilled to secure this order, which reinforces the strong and enduring relationship between Vikram Solar and GIPCL,” said Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar. “This new agreement underscores their confidence in our capabilities and commitment to excellence. Our focus remains on innovation, performance, and customer satisfaction. As India progresses towards its green energy objectives, we are optimistic about future prospects and are ready to play an integral role in transforming India’s renewable energy landscape and enhancing its stature as a global leader in sustainable practices,” he added.

Gujarat is currently India’s second largest state in terms of renewable power capacity behind Rajasthan. It is home of some of the biggest solar panel manufacturers including Waaree Energies, Goldi Solar, Rayzon Solar, Solex and others.

Vikram Solar was founded in 2006 by Gyanesh Chaudhary. It is based in Kolkata and a leading player in the solar energy industry. Specializing in efficient photovoltaic (PV) module manufacturing, Vikram Solar has established itself as India’s largest domestic PV module manufacturer with a cumulative production capacity of 3.5 GW annually. The company’s offerings include solar project engineering, construction services, and operations and maintenance of solar power plants. The company has an international presence across 32 countries, a portfolio of more than 1.50 GW EPC projects, and close to 2000 employees.