Vikram Solar, a leading solar PV module manufacturer, has received an order of 148.9 MW solar modules. In an exchange filing, the company stated that it has received an order from Sunsure Energy, a renewable energy solutions provider.
Further, the company stated that under the order, it will supply its advanced M10R N-Type TOPCon modules to Sunsure Energy. The company added that the modules, rated at 595 Wp, will be deployed across Maharashtra and Uttar Pradesh.
The latest order from Sunsure Energy adds to a series of significant wins for Vikram Solar this year. Earlier, the company received orders of 200 MW from AB Energia, 336 MW from L&T Construction, and 326 MW from Gujarat Industries Power Company Limited, among others.
“By combining technological excellence with strong industry partnerships, we are not just accelerating project execution but also strengthening the collective ecosystem that will power India’s clean energy future.”. Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar, said.
Vikaram Solar production capacity and expansion plans
Vikram Solar, which specialises in the manufacturing of photovoltaic (PV) modules. With a manufacturing capacity of 4.5 GW, the company has a business presence in 39 countries.
Chaudhary stated that the company is establishing a world-class solar cell facility in Gangaikondan, Tamil Nadu, with a two-phase rollout—3 GW and 9 GW—targeted for commissioning by the end of FY2027. The move aims to strengthen supply chain control and reduce dependence on third-party suppliers.
Chaudhary adds that the company is following a balanced funding mix—using IPO proceeds, debt, and internal accruals to finance its expansion ambitions.
“Aligning capital deployment with policy incentives like the PLI scheme and state-level benefits ensures long-term financial resilience and positions us to invest in advanced technologies at scale,” Chaudhary added.
