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  3. Vikram Solar bags order to supply 397.7 MWp solar modules to NTPC's Kha…

Vikram Solar bags order to supply 397.7 MWp solar modules to NTPC's Khavda proj in Gujarat

17 May 2024

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Key Takeaways

  • Expansion of Solar Capacity:

    • Vikram Solar’s 397.7 MWp module supply order for NTPC’s 1,255 MW Khavda project underscores its pivotal role in India’s solar capacity expansion.

  • Commitment to Domestic Manufacturing:

    • The project’s alignment with DCR highlights Vikram Solar’s commitment to domestic manufacturing.

  • Trusted Partnership:

    • The trusted partnership with NTPC, based on successful past projects, is crucial for future growth and excellence in India's renewable energy landscape.

  • Expansion of Solar Capacity:

    • Vikram Solar’s 397.7 MWp module supply order for NTPC’s 1,255 MW Khavda project underscores its pivotal role in India’s solar capacity expansion.

  • Commitment to Domestic Manufacturing:

    • The project’s alignment with DCR highlights Vikram Solar’s commitment to domestic manufacturing.

  • Trusted Partnership:

    • The trusted partnership with NTPC, based on successful past projects, is crucial for future growth and excellence in India's renewable energy landscape.

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Vikram Solar

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Expert Analysis

Vikram Solar Secures 397.7 MWp Module Supply Order for NTPC's 1,255 MW Khavda Project in Gujarat.

Expert Analysis:

  • Major Order Secured: Vikram Solar secured a 397.7 MWp solar module supply order for NTPC Renewable Energy Ltd's Khavda project in Gujarat.

  • Significant Project Contribution: This order is a major portion of the 1,255 MW Khavda Solar Project.

  • Support for Domestic Manufacturing: Aligns with Domestic Content Requirement (DCR), bolstering India's domestic solar manufacturing capabilities.

  • Leadership's Statement: Gyanesh Chaudhary, CMD (Chairman & Managing Director) of Vikram Solar, emphasized the deep trust and shared commitment to excellence between Vikram Solar and NTPC.

  • Strategic Importance: Reflects Vikram Solar’s robust position and strategic importance in India's solar sector.

Publisher:money control