Vikram Solar Wins 378.75 MW INGEL Module Order

Vikram Solar has secured an order to supply 378.75 megawatt (MW) of high-efficiency solar modules for a project led by Indian Oil NTPC Green Energy Private Limited. The contract forms part of a 600 MW solar development near Nakhatrana in the Kutch district of Gujarat and represents Vikram Solar's first engagement with INGEL. The award reinforces the company's presence in a strategically important renewable energy region.

Under the order the company will supply advanced N-TOPCon modules engineered to improve energy yield and reliability for utility-scale installations. Delivery is expected to commence in FY26 and shipments are scheduled within the established project timeline. The modules will be deployed at the site to support large-scale capacity addition. The company expects to leverage domestic manufacturing and supply chain management to meet the delivery schedule.

The engagement highlights Gujarat's continuing role in India's renewable expansion, supported by favourable policy and robust infrastructure. Company executives described the order as an important milestone that demonstrates manufacturing strength and execution capability and as a foundation for a long-term collaboration to support the country's clean energy transition. The contract underscores confidence in domestic supply chains for utility projects. The project is expected to contribute to local employment through logistics and installation activities and to support grid integration efforts in the region.

Vikram Solar is headquartered in Kolkata and maintains an international presence across 39 countries. The company has a cumulative production capacity of nine point five gigawatt (GW) and a pan-India distribution network including 105 authorised distributors, more than 435 dealers and 77 system integrators. The company is recognised for module reliability in independent scorecards and has been listed in the Bloomberg NEF Tier one manufacturer list for consecutive quarters. Further commercial details specify that the order is a one-time contract to be executed within 180 days.

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