Vikram Solar to invest Rs 5,000 cr to double capacity to 5,000 MW

21 Jul 2021 CW Team

This would be the first solar manufacturing facility in Tamil Nadu.

The company said that the cumulative PV module manufacturing capacity of Vikram Solar will reach 2.5 Gw with this facility unit, which is currently the largest in India.

Senior company executives said the Rs 200 crore would be invested in the new facility. Unlike its existing manufacturing unit, the new facility is not in the special economic zone (SEZ), which makes it suitable for the duty reliefs that the Centre has given to the domestic solar manufacturing industry.

Vikram Solar’s manufacturing footprint consists of a 1.2 Gw facility in Falta, West Bengal, and a 1.3 GW new facility in Chennai, Tamil Nadu. The company has sent over 3.5 Gw PV modules globally.

Managing Director, Vikram Solar, Gyanesh Chaudhary, said this is an extension of our endeavor to give reliable, high quality, technologically better products and timely delivery to our customers. Further, it will contribute as a Research and Development (R&D) platform for next-generation module technology.

The company said that they have executed a digital production display board, the Internet of Things (IoT), Artificial Intelligence (AI) enabled inspection for zero-defect amongst various such emerging technologies.

The digitisation initiatives allow seamless processes such as lean manufacturing, reducing and controlling wastages, it said.

Vikram Solar is striving to be a 5 Gw manufacturing capacity company.

CEO of Vikram Solar, Saibaba Vutukuri, said that the Production-Linked Incentive (PLI) scheme for solar manufacturing would also advance capacity enhancement. The estimate of our 5 Gw capacity would stand at Rs 5,000 crore.

Image Source

Also read: NTPC, SolarArise emerge as winners for 450 MW solar projects in MP

Kolkata-based Vikram Solar to set up a 1.3 GW solar photovoltaic (PV) module manufacturing facility in Tamil Nadu taking its total capacity to 2,500 MW, and becoming the biggest domestic solar panel manufacturer in the country. This would be the first solar manufacturing facility in Tamil Nadu. The company said that the cumulative PV module manufacturing capacity of Vikram Solar will reach 2.5 Gw with this facility unit, which is currently the largest in India. Senior company executives said the Rs 200 crore would be invested in the new facility. Unlike its existing manufacturing unit, the new facility is not in the special economic zone (SEZ), which makes it suitable for the duty reliefs that the Centre has given to the domestic solar manufacturing industry. Vikram Solar’s manufacturing footprint consists of a 1.2 Gw facility in Falta, West Bengal, and a 1.3 GW new facility in Chennai, Tamil Nadu. The company has sent over 3.5 Gw PV modules globally. Managing Director, Vikram Solar, Gyanesh Chaudhary, said this is an extension of our endeavor to give reliable, high quality, technologically better products and timely delivery to our customers. Further, it will contribute as a Research and Development (R&D) platform for next-generation module technology. The company said that they have executed a digital production display board, the Internet of Things (IoT), Artificial Intelligence (AI) enabled inspection for zero-defect amongst various such emerging technologies. The digitisation initiatives allow seamless processes such as lean manufacturing, reducing and controlling wastages, it said. Vikram Solar is striving to be a 5 Gw manufacturing capacity company. CEO of Vikram Solar, Saibaba Vutukuri, said that the Production-Linked Incentive (PLI) scheme for solar manufacturing would also advance capacity enhancement. The estimate of our 5 Gw capacity would stand at Rs 5,000 crore. Image Source Also read: NTPC, SolarArise emerge as winners for 450 MW solar projects in MP

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..