Vikram Solar Wins 378.75 MW Module Order From Indian Oil NTPC JV

28 Feb 2026 CW Team

Vikram Solar Limited has secured an order to supply 378.75 MW of high efficiency N type TOPCon solar modules for a utility scale renewable energy project. The contract was awarded by Indian Oil NTPC Green Energy Private Ltd (the joint venture), a collaboration between Indian Oil Corporation and NTPC Green Energy. The modules are expected to offer higher energy conversion efficiency and improved performance under challenging operating conditions, supporting enhanced energy yield and long term reliability.

The modules will be installed at a 600 MW solar power plant planned near Nakhatrana in Gujarat's Kutch district, reflecting continued momentum in India's large scale solar sector. Deliveries are scheduled to commence within the current fiscal cycle, aligned with the project construction and commissioning timelines. The requirement for domestically manufactured equipment in the region is said to be driving demand for Indian module producers.

For Vikram Solar, the order represents a significant addition to its project portfolio and demonstrates its expansion in the utility scale segment. The company has been leveraging technological advances and manufacturing capacity to compete in an evolving market and to meet large project specifications. Engagements of this scale are likely to reinforce its position among domestic suppliers.

The development is consistent with Gujarat's reputation as a leading renewable energy destination, supported by policy frameworks, grid infrastructure and resource availability. The project will contribute to India's broader clean energy objectives, including rapid renewable capacity expansion, decarbonisation of the power sector and improved long term energy security. As demand for renewable power grows, module suppliers and developers are positioning themselves to capture opportunities from the accelerating energy transition. Stakeholders will monitor progress.

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