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

28 Feb 2026 CW Team

N type TOPCon technology is being chosen for its potential to deliver higher energy conversion efficiency and improved performance under challenging operating conditions, which can enhance energy yield and reduce levelised cost of electricity over project lifetimes. Such modules are increasingly preferred for large, utility scale projects owing to their long-term reliability and relatively lower degradation rates compared with some earlier technologies. The supplier has indicated that manufacturing and quality control measures will support the deployment schedule.

The development reinforces Gujarat's standing as a leading renewable energy destination in India, supported by favourable policy frameworks, improving grid infrastructure and abundant solar resources. Large scale projects in the region continue to stimulate demand for domestically manufactured solar equipment, creating scale advantages for Indian module producers and supply chain partners. Project activity in Kutch and similar districts is helping to attract investment and to build manufacturing expertise within the national industry.

For Vikram Solar the order represents a significant addition to its project portfolio and an important engagement with the joint venture, reinforcing the company's strategic focus on the utility scale segment. The firm has been leveraging technological advances and expanded manufacturing capacity to compete in a dynamic domestic and international market. The project is expected to contribute to India's broader clean energy ambitions, supporting rapid renewable capacity expansion, decarbonisation of the power sector and strengthened long term energy security.

Vikram Solar has secured an order to supply 378.75 megawatts (MW) of high efficiency N type TOPCon solar modules to Indian Oil NTPC Green Energy Private Ltd (the joint venture) between Indian Oil Corporation and NTPC Green Energy. The modules are slated for deployment at a 600 MW solar power plant being developed near Nakhatrana in Gujarat's Kutch district, reflecting continued momentum in India's utility scale solar sector. Deliveries are expected to commence within the current fiscal cycle and will be aligned with the project construction and commissioning timelines. N type TOPCon technology is being chosen for its potential to deliver higher energy conversion efficiency and improved performance under challenging operating conditions, which can enhance energy yield and reduce levelised cost of electricity over project lifetimes. Such modules are increasingly preferred for large, utility scale projects owing to their long-term reliability and relatively lower degradation rates compared with some earlier technologies. The supplier has indicated that manufacturing and quality control measures will support the deployment schedule. The development reinforces Gujarat's standing as a leading renewable energy destination in India, supported by favourable policy frameworks, improving grid infrastructure and abundant solar resources. Large scale projects in the region continue to stimulate demand for domestically manufactured solar equipment, creating scale advantages for Indian module producers and supply chain partners. Project activity in Kutch and similar districts is helping to attract investment and to build manufacturing expertise within the national industry. For Vikram Solar the order represents a significant addition to its project portfolio and an important engagement with the joint venture, reinforcing the company's strategic focus on the utility scale segment. The firm has been leveraging technological advances and expanded manufacturing capacity to compete in a dynamic domestic and international market. The project is expected to contribute to India's broader clean energy ambitions, supporting rapid renewable capacity expansion, decarbonisation of the power sector and strengthened long term energy security.

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