NSEPress Release4d ago · 27 Oct 2026, 02:08 pm
Press Release
Vikram Solar Limited · VIKRAMSOLR
✦ AI Summary▲ PositiveOrder Win
Vikram Solar Limited has secured a major order to supply 289.87 MWp of high-efficiency solar modules to NLC India Limited for an 810 MW solar power project in Rajasthan.
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Full Announcement
Vikram Solar Limited has informed the Exchange regarding a press release dated October 27, 2026, titled "Vikram Solar Secures Major 289.87 MWp Order for Grid-Scale Solar in Rajasthan from NLC India Limited".
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October 27, 2026
VSL/CS/400/2026 dated 27.10.2026
BSE Ltd. National Stock Exchange of India 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
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Press Release on Supply Order Win of
289.87 MWp 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 289.87 MWp of high-efficiency N-Type
TOPCon G12R modules from M/s. NLC India Limited, a Navratna Company – Government of India Enterprise,
on behalf of NLC India Renewables Limited a wholly owned subsidiary of M/s. NLC India Limited.
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 Major 289.87 MWp Order for Grid-Scale Solar in
Rajasthan from NLC India Limited
Kolkata, India, 27th October 2026: Vikram Solar, a leading Indian solar PV module manufacturer, has
bagged an order to supply 289.87 MWp of N-TOPCon modules to NLC India Limited (NLCIL), on behalf
of NLC India Renewables Limited (NIRL) for an 810 MW solar power project at the RUVN Solar Park in
Pugal, Bikaner, Rajasthan, one of the largest solar parks in the country. NLC India Renewables Limited
(NIRL) is a wholly owned subsidiary of NLC India Limited.
Built on N-type TOPCon cell technology, the modules are designed to deliver higher energy yield and
stable output in high-irradiance, high-temperature conditions such as those of western Rajasthan.
Spread across the Thar region, the RUVN Solar Park is central to Rajasthan’s effort to harness its vast
solar resource, as the state continues to lead India’s utility-scale solar build-out. A role in a project of
this magnitude reinforces Vikram Solar’s standing as a trusted domestic supplier for grid-scale
installations, where consistent quality, bankability and timely delivery are critical. The order further
adds to the company’s order book as demand for high-efficiency, domestically manufactured modules
continues to rise under India’s drive for self-reliance in solar manufacturing.
Mr. Sameer Nagpal, Chief Executive Officer, Vikram Solar, said, “As India builds clean energy capacity
at gigawatt scale, the industry is placing greater value on technology and supply partners it can rely
on over the long term. Being entrusted with nearly 290 MWp of modules for this landmark project is a
strong endorsement of our N-TOPCon technology and our ability to deliver at utility scale. As we
deepen our integrated manufacturing capabilities, our priority is to give customers the performance
certainty and supply reliability that projects of this size demand.”
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. Particulars Responses
1. Name of the entity awarding the order(s)/contract(s) M/s. NLC India Limited, a Navratna Company
– Government of India Enterprise, on behalf
of NLC India Renewables Limited a wholly
owned subsidiary of M/s. NLC India Limited.
Significant terms and conditions of order(s)/contract(s) awarded Supply of high-efficiency N-Type TOPCon
in brief 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) 289.87 MWp
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
transactions? If yes, whether the same is done at “arm’s length”