NSEBagging/Receiving of orders/contracts28 Sept 2026 · 28 Sept 2026, 03:54 pm
Bagging/Receiving of orders/contracts
Vikram Solar Limited · VIKRAMSOLR
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Vikram Solar Limited has secured a 400 MW module supply order from a leading EPC player for decentralised solar projects in Maharashtra, strengthening its presence in India's agricultural-feeder solarisation segment.
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Vikram Solar Limited has informed the Exchange about Bagging/Receiving of orders/contracts for 400 MW of high efficiency solar modules
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September 28, 2026
VSL/CS/387/2026 dated 28.09.2026
BSE Ltd. National Stock Exchange of Indiaa Ltd.
Department of Corporate Services Listing Department
P. J. Towers, Dalal Street, Mumbai 400 001. Exchange Plaza, Bandra-Kurla Complex, Bandra (E),
Mumbai 400 051
(Scrip Code: Equity - 544488) (Symbol: VIKRAMSOLR, Series EQ)
Dear Sir/ Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
- Press Release on Order Win of 400 MW
of high-efficiency solar modules
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are
enclosing herewith the Press Release on major order win of 400 MW of high-efficiency N-Type TOPCon G12R modules
from a renowned customer which is a leading EPC Company in India.
We enclose herewith the details required under Para B of Part A of Schedule III of the Listing Regulations read with
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as Annexure A to
this letter.
We request you to kindly take the aforesaid information on record.
Thanking You,
For and on behalf of
VIKRAM SOLAR LIMITED
SUDIPTA BHOWAL
Company Secretary &
Compliance Officer
Encl. As Above
Vikram Solar Secures 400 MW Module Supply Order for Agri-Solar Projects in Maharashtra
Kolkata, September — Vikram Solar, one of India’s leading solar PV module manufacturers, has
secured a 400 MW module supply order from a highly reputed EPC player for a portfolio of
decentralised solar projects being developed across multiple locations in Maharashtra.
The order further strengthens Vikram Solar’s presence in India’s rapidly expanding agricultural-feeder
solarisation segment, which is playing an increasingly important role in the country’s transition
towards decentralised and reliable renewable energy infrastructure. Under the agreement, Vikram
Solar will supply its high-efficiency N-Type TOPCon G12R modules, featuring glass-to-glass, bifacial
technology and half-cut cells, with a power output of 620 Wp. Supplies are scheduled to commence
in October 2026.
As India continues to accelerate the deployment of solar power, decentralised renewable energy
projects are emerging as an important component of the country’s clean energy transition, enabling
power generation closer to consumption centres and supporting greater grid resilience. Agricultural
feeder solarisation, in particular, is expected to play a critical role in improving energy access for
farmers while contributing to India's broader renewable energy and energy-security objectives.
Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, said, “Programmes like
MSKVY 2.0 represent an important evolution in India’s clean energy journey, bringing the benefits of
solar power closer to farmers and agricultural communities. Supplying modules for projects of this
scale across Maharashtra reflects the confidence placed in Vikram Solar’s advanced G12R TOPCon
technology and our ability to support large, geographically distributed solar deployments. As India
continues to expand its renewable energy infrastructure, we remain committed to delivering high-
performance solar solutions that support energy security, strengthen domestic manufacturing and
contribute meaningfully to the country’s clean energy ambitions.”
For Vikram Solar, the order reflects the company’s growing ability to serve large-scale and
geographically distributed solar programmes, supported by its expanding manufacturing footprint and
advanced technology portfolio.
About Vikram Solar Limited:
Vikram Solar Limited is one of the leading Indian solar module manufacturers, specializing in efficient
photovoltaic (PV) module manufacturing, with an international presence across 39 countries. Headquartered in
Kolkata, West Bengal, it is one of the largest PV module manufacturers in India. Vikram Solar is a 9th time ‘Top
Performer’ in PVEL’s PV Module Reliability scorecard and has been included in the Tier 1 solar PV modules
manufacturer list of Bloomberg NEF for 10 consecutive quarters. Vikram Solar Limited has established a pan-
India presence through an extensive distributor network of 119 authorized distributors and more than 750+
dealers.
For further information, please contact: Srabani Sen | Vikram Solar | Mobile: +91 7349661300 | Email:
press@vikramsolar.com
Annexure A
Disclosure as required under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
Sl. No. Particulars Responses
Name of the entity awarding the order(s)/contract(s) A renowned customer which is a
leading EPC Company in India.
Significant terms and conditions of order(s)/contract(s) awarded Supply of high-efficiency N-Type
in brief TOPCon G12R modules
Whether order(s) / contract(s) have been awarded by domestic/ Domestic
international entity
4. Nature of order(s) / contract(s) One time
5. Time period by which the order(s)/contract(s) is to be executed By March 2027
6. Broad consideration or size of the order(s)/contract(s) 400 MW
Whether the promoter/ promoter group / group companies have No
7. any interest in the entity that awarded the order(s)/contract(s)? If
yes, nature of interest and details thereof
Whether the order(s)/contract(s) would fall within related party No