Viney Equity Market Co-Leads Rs.7.15 Bn Investment in Vikram Solar
POWER & RENEWABLE ENERGY

Viney Equity Market Co-Leads Rs.7.15 Bn Investment in Vikram Solar

In a significant development for India's renewable energy sector, Viney Equity Market has partnered in leading a ?7.15 billion investment round in Vikram Solar. This investment marks a major milestone for Vikram Solar, a leading solar energy solutions provider in India.

The funding round, which also includes participation from other investors, underscores growing investor confidence in renewable energy ventures. It is expected to fuel Vikram Solar's expansion plans, enhance its manufacturing capabilities, and bolster its research and development efforts in solar technology.

Vikram Solar, known for its expertise in solar photovoltaic technology and solar EPC (Engineering, Procurement, and Construction) solutions, aims to leverage this investment to strengthen its market position and contribute to India's renewable energy goals. The company has been actively involved in developing solar projects across the country, contributing to the expansion of clean energy infrastructure.

The investment comes at a time when India is scaling up efforts to increase its renewable energy capacity and reduce carbon emissions. The government's focus on promoting solar power as a sustainable energy source has created favourable conditions for investments in solar technology companies like Vikram Solar.

Industry analysts view this funding round as a positive sign for the renewable energy sector, highlighting the potential for growth and innovation in India's solar industry. As Vikram Solar prepares to utilise the investment to advance its technological capabilities and market reach, stakeholders anticipate further advancements in the adoption of solar energy solutions nationwide.

In a significant development for India's renewable energy sector, Viney Equity Market has partnered in leading a ?7.15 billion investment round in Vikram Solar. This investment marks a major milestone for Vikram Solar, a leading solar energy solutions provider in India. The funding round, which also includes participation from other investors, underscores growing investor confidence in renewable energy ventures. It is expected to fuel Vikram Solar's expansion plans, enhance its manufacturing capabilities, and bolster its research and development efforts in solar technology. Vikram Solar, known for its expertise in solar photovoltaic technology and solar EPC (Engineering, Procurement, and Construction) solutions, aims to leverage this investment to strengthen its market position and contribute to India's renewable energy goals. The company has been actively involved in developing solar projects across the country, contributing to the expansion of clean energy infrastructure. The investment comes at a time when India is scaling up efforts to increase its renewable energy capacity and reduce carbon emissions. The government's focus on promoting solar power as a sustainable energy source has created favourable conditions for investments in solar technology companies like Vikram Solar. Industry analysts view this funding round as a positive sign for the renewable energy sector, highlighting the potential for growth and innovation in India's solar industry. As Vikram Solar prepares to utilise the investment to advance its technological capabilities and market reach, stakeholders anticipate further advancements in the adoption of solar energy solutions nationwide.

Next Story
Infrastructure Urban

Vodafone Idea to Launch 5G in 17 Circles by August

Vodafone Idea has announced it will roll out its 5G services across all 17 of its priority telecom circles by August 2025. The operator also confirmed that its commercial 5G services will go live in Delhi NCR from 15 May, following earlier launches in Mumbai, Chandigarh, and Patna.The company has prioritised investment in 17 of India’s 22 telecom circles—including Mumbai, Delhi, Punjab, Madhya Pradesh, and both Uttar Pradesh East and West—for several quarters now.For the Delhi NCR launch, Vodafone Idea has partnered with Ericsson to deploy 5G infrastructure designed for energy efficiency..

Next Story
Infrastructure Urban

Gujarat Allocates Rs 22 Bn to Boost Urban Infra

The Gujarat government has approved an allocation of Rs 22.04 billion under the Swarnim Jayanti Mukhyamantri Shaheri Vikas Yojana (SJMMSVY), aimed at revitalising urban infrastructure across the state. This funding supports a wide array of projects, including road construction and widening, underground drainage systems, stormwater lines, gardens, libraries, recharge wells, city beautification, identity-based projects, and the strengthening of social infrastructure.The initiative is part of Gujarat’s broader vision to foster eco-friendly, inclusive, and resilient urban centres. Declaring 2025..

Next Story
Infrastructure Transport

India Installs Longest Rail Flyover Girder at Kalamboli

India’s freight transport infrastructure has reached a major milestone with the successful installation of its longest rail flyover girder by the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) at Kalamboli, Maharashtra.This significant engineering feat is part of the Western Dedicated Freight Corridor (WDFC), a 1,500-kilometre initiative designed to modernise the country’s logistics network. The girder, an open-web steel structure measuring 110.5 metres in length and weighing 1,500 tonnes, was installed without disrupting operations on the live Indian Railways track below..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?