Core Announcement – Order Details
Awarding Entity: A leading EPC Company in India (name not disclosed)
Domestic/International Order: Domestic
Nature of Order/Contract: One-time supply contract for high-efficiency N-Type TOPCon G12R solar modules featuring glass-to-glass, bifacial technology and half-cut cells with power output of 620 Wp. The modules are for a portfolio of decentralized solar projects (agricultural-feeder solarization) across multiple locations in Maharashtra.
Order Value: 400 MW (megawatts)
Materiality Context: Described as a "major order win" in the regulatory disclosure. The order strengthens Vikram Solar's presence in India's rapidly expanding agricultural-feeder solarization segment and reflects the company's growing ability to serve large-scale, geographically distributed solar programmes.
Execution Timeline: Supplies are scheduled to commence in October 2026. The entire order is to be executed by March 2027.
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified