PL Capital has initiated coverage on Premier Energies, Waaree Energies, and Vikram Solar, maintaining a positive outlook on all three renewable equipment manufacturers
Vikram Solar Chairman Gyanesh Chaudhary says consolidation is under way in renewables, with capacity expansion, upstream investments and plans to explore the us market despite sector headwinds
Solar module manufacturer Vikram Solar on Wednesday said it has commissioned a 5-GW fully automated Vallam facility in Tamil Nadu, taking its total annual production capacity to 9.5 GW. Spanning 27,000 square metres, the plant, built on advanced TOPCon technology, is designed to support M10, G12, and G12R formats, underscoring Vikram Solar's commitment to future-ready technology leadership, a company statement said. The state-of-the-art Vallam facility will add 5 GW of advanced module production capacity annually. With this next-gen expansion, the company now commands a total manufacturing capacity of 9.5 GW per annum, it said. The Vallam plant incorporates a sophisticated layer of next-generation automation, much of it being deployed in the country for the first time, seamlessly integrating intelligent robotics, advanced material-handling systems, comprehensive built-in quality checks and fully automated packaging, the statement said. "Commissioning this 5 GW facility within the y
Vikram Solar shares rose 3 per cent after it announced the commissioning of the Vallam manufacturing facility in Tamil Nadu
The buying on the counter came after the company secured a major order of 148.9 MW Topcon solar modules from Sunsure Energy Private Limited
Vikram Solar on Thursday said its consolidated net profit increased manifold to Rs 128.48 crore in the second quarter ended September 2025. The company had clocked a net profit of Rs 7.35 crore in the same period of preceding 2024-25 financial year. The company's total income rose to Rs 1,125.80 crore from Rs 583.46 crore in Q2FY25. Vikram Solar's expenses also increased to Rs 941.35 crore from Rs 572 crore in the year-ago period. Kolkata-headquartered Vikram Solar is one of the largest PV module manufacturers in India. On August 26, shares of Vikram Solar made a tepid market debut on the exchanges listing with a premium of over 2 per cent against the issue price of Rs 332. In a separate statement, the company's CMD Gyanesh Chaudhary said: "Despite the temporary slowdown caused by monsoon-related logistical challenges, we delivered a strong revenue growth of 93.7 per cent compared to the same period last year. This remarkable growth demonstrates strength and resilience of our ...
Vikram Solar said its order book currently stands at 10.96 gigawatts, while capacity utilisation reached 89.2 per cent
Vikram Solar has received a major order of 336 MW high-efficiency solar modules from LT Construction
Solar solutions provider Vikram Solar on Monday said it has secured a 336 MW module supply order from L&T Construction for the Khavda solar project in Gujarat. As part of this order, Vikram Solar will supply its advanced Hypersol G12R modules, based on N-type technology, a company statement said. The usage of G12R Modules will enhance the Balance-of-System (BOS) efficiency and help drive down the Levelized Cost of Energy (LCOE), making it more cost-effective and accessible. "We are delighted to contribute to this landmark project. The region holds immense potential for solar energy, and this project will play a pivotal role in harnessing that opportunity. Each project we deliver is a testament to the trust placed in Vikram Solar's technology, performance, and commitment to excellence," said Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar. This latest module from Vikram Solar showcases improved bifaciality (up to 80 per cent), better high-temperature performance ..
Vikram Solar shares listed at ₹340 per share, reflecting a premium of ₹8 or 2.41 per cent over the issue price of ₹332 per share