Vikram Solar Unlisted Shares
Vikram Solar bags order to supply 397.7 MWp solar modules to NTPC's Khavda proj in Gujarat
money control
2 min read
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.
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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