Order Details

Vikram Solar Limited has secured a major supply order for 289.87 MWp of high-efficiency N-Type TOPCon G12R solar modules. The order was awarded by M/s. NLC India Limited, a Navratna Company and Government of India Enterprise, on behalf of its wholly owned subsidiary NLC India Renewables Limited.

Project Context

The modules are destined for an 810 MW solar power project at the RUVN Solar Park in Pugal, Bikaner, Rajasthan, which is described as one of the largest solar parks in the country. The project is located in the Thar region of Rajasthan, known for its high-irradiance and high-temperature conditions.

Technical Specifications

The ordered modules are built on N-type TOPCon cell technology, specifically designed to deliver higher energy yield and stable output in the challenging environmental conditions of western Rajasthan.

Contract Terms

  • Nature of Contract: One-time supply order
  • Execution Timeline: Must be completed by March 2027
  • Order Size: 289.87 MWp
  • Client Type: Domestic entity (Indian)
  • Related Party Status: No interest from promoter/promoter group/group companies in the awarding entity
  • Transaction Type: Not a related party transaction, conducted at arm's length

Strategic Significance

The order reinforces Vikram Solar's position as a trusted domestic supplier for grid-scale installations, emphasizing the importance of consistent quality, bankability, and timely delivery for large-scale solar projects. It adds significantly to the company's order book amid rising demand for high-efficiency, domestically manufactured modules under India's drive for solar manufacturing self-reliance.

Management Commentary

Mr. Sameer Nagpal, Chief Executive Officer of Vikram Solar, stated: "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."