In Short : Vikram Solar has secured SEBI approval for an IPO worth up to ₹1,500 crore, including a fresh issue and an offer for sale of 17.45 million shares. Proceeds will be used to set up a 3,000 MW solar cell and module plant in Tamil Nadu, boosting the company’s total manufacturing capacity to […]
In Short : Vikram Solar has secured a 326.625 MW solar module order from Gujarat Industries Power Company Limited (GIPCL) for the Khavda Renewable Energy Park in Gujarat’s Rann of Kutch. This order brings Vikram Solar’s total contribution to the park to around 1.3 GW. The high-efficiency modules will be delivered in FY 2025–26, with […]
In Short : Vikram Solar has won a 150 MW solar module supply order from MAHAGENCO under Maharashtra’s Mukhyamantri Saur Krushi Vahini Yojana 2.0. The high-efficiency N-Type modules will be deployed in Jalgaon and Solapur by 2025–26. This deal strengthens Vikram Solar’s ALMM standing and supports Maharashtra’s push toward renewable energy and reduced carbon emissions. […]
In Short : Vikram Solar is expanding into fully-integrated solid-state cell and battery manufacturing, marking its entry into advanced energy storage. This move supports India’s renewable energy goals, including 500 GW by 2030, and aligns with global trends toward safer, high-performance batteries. By producing end-to-end solutions, Vikram Solar aims to enhance energy storage efficiency and […]
In Short : Vikram Solar has expanded its manufacturing capacity to **4.5 GW** with an additional **1 GW** at its facility. This growth strengthens its role in India’s solar energy sector, supporting domestic manufacturing and clean energy goals. The expansion aligns with India’s vision for **renewable energy self-reliance**, boosting solar adoption and sustainability efforts. In […]
In Short : Vikram Solar has secured a 1GW module order, marking a significant achievement for the company. This order highlights Vikram Solar’s growing presence in the renewable energy sector and its capability to meet large-scale demands. The modules will support various solar power projects, contributing to the expansion of clean energy infrastructure and advancing […]
In Short : Vikram Solar has secured a significant order from JSW Neo Energy, marking a major milestone in the company’s expansion within the renewable energy sector. This collaboration underscores the growing demand for solar energy solutions as companies increasingly pivot towards sustainable power sources. The order is expected to bolster Vikram Solar’s production capabilities […]
In Short : Vikram Solar has submitted its Draft Red Herring Prospectus (DRHP) to SEBI, aiming to raise ₹1,500 crore through an IPO. This initiative seeks to boost the company’s capital and expand operations in the growing renewable energy sector. The IPO is expected to include both fresh issuance and an offer for sale, positioning […]
In Short : Vikram Solar’s partnership with Gujarat Industries Power Company to supply 250 MW modules is a significant step towards sustainable energy production. In Detail : Vikram Solar on Thursday announced securing a 250 MW solar module supply order from Gujarat Industries Power Company Ltd (GIPCL) New Delhi : Vikram Solar on Thursday announced […]
In Short : As of my last knowledge update in January 2022, I don’t have specific information about Vikram Solar receiving financing from the U.S. International Development Finance Corporation (DFC) for a planned 3GW solar cell/module manufacturing facility in Tamil Nadu. Since my information is not up-to-date, I recommend checking the latest sources, including official […]