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Vikram Solar Secures 378.75 MW Solar Module Order from Indian Oil NTPC Green Energy

Vikram Solar, a prominent Indian solar PV module manufacturer, has secured a significant supply order of 378.75 MW solar modules from Indian Oil NTPC Green Energy Private Ltd (INGEL), a joint venture between Indian Oil Corporation Ltd and NTPC Green Energy Ltd.

The order is for the supply of high-efficiency N-TOPCon modules, which will be deployed near Nakhatrana in the Kutch district of Gujarat as part of a 600 MW solar project by INGEL. This project further solidifies Vikram Solar's presence in one of India's most important renewable energy regions.

Under the scope of the order, Vikram Solar will supply its advanced N-TOPCon modules, engineered to deliver enhanced performance, reliability, and energy yield in utility-scale installations. Delivery is expected to commence in FY26.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Gujarat continues to play a pivotal role in India's renewable energy expansion, supported by favourable policies, robust infrastructure, and large-scale capacity additions. This order marks an important milestone for Vikram Solar as it commences its first engagement with INGEL on a large-scale, strategically significant project in Gujarat.

Vikram Solar Limited is one of the leading Indian solar module manufacturers, specializing in efficient photovoltaic (PV) module manufacturing, with an international presence across 39 countries.

Investor Takeaway

Investors should take note of Vikram Solar's growing presence in the renewable energy sector.

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