About Vikram Solar
A Comprehensive Overview of Price & Journey
Understanding Vikram Solar Inception and Growth
Overview
Vikram Solar Limited was established in 2006. The company specializes in solar energy solutions, including manufacturing solar photovoltaic (PV) modules, engineering, procurement, and construction (EPC) services, and operations and maintenance (O&M) services. It is now the largest domestic PV module manufacturer and integrated solar energy solutions provider. Vikram Solar share price trends are keenly tracked by investors, indicating the company's performance in the market.
The company has a strong global presence on six continents and is actively contributing to the development of the solar revolution. It produces high-efficiency monocrystalline and polycrystalline silicon photovoltaic modules. Vikram Solar's IPO information has attracted industry attention in the renewable energy market as the company keeps growing.
The Company was established to support India's ambitions in the field of renewable energy. Vikram Solar toiled for the creation of a more resilient and sustainable planet for future generations even before the country became vocal for local manufacturing. Investors looking at Vikram Solar's unlisted share price track its market potential before its public listing.
Vikram Solar Limited has a manufacturing facility in Falta Special Economic Zone (FSEZ) in West Bengal with an installed capacity of 1.2 GW solar PV modules. It has recently set up another manufacturing plant in Chennai with 1 GW of capacity. The company operates and sells power from a 10-MW solar power plant, which has a long-term power purchase agreement with the Tirupati temple. Those tracking the Vikram Solar share price NSE and the Vikram Solar share price BSE keep a keen eye on the company’s financial performance and growth trajectory.
Vision
To become one of the most valuable solar companies delivering benchmark sustainable energy solutions worldwide.
Mission
Deliver reliable solar solutions through world-class technology and innovation.
Vikram Solar's Journey
2006: Incorporation Vikram Solar begins its journey towards revolutionizing India’s solar energy landscape.
2011: Early Milestone Installed a 3 MW project under the National Solar Mission of India.
2013: Landmark Achievement Contributed to the solarisation of the first fully solarised airport in India – Cochin International Airport, Kerala.
2014: Recognition and Innovation Ranked as India’s only Tier 1 module manufacturer and commissioned India’s first floating solar plant
2015: Scaling Production Reached a production capacity of 500 MW/year, ticking the substantial growth and commitment promise
2017: Industry Leadership Achieved a significant milestone by reaching a production capacity of 1 GW/year and giving the statement about its position as a leader in the Indian solar industry.
2019: Expansion and Impact Commissioned a 200 MW plant in Andhra Pradesh and East India’s largest single shed rooftop project, totalling 2.15 MW, contributing to both utility-scale and distributed solar energy generation.
2021: Scaling New Heights Reached a production capacity of 2.5 GW, firmly establishing itself as one of India’s largest solar module manufacturers, driving the nation’s transition towards clean and sustainable energy sources.
2022: Recognised as the Top Performer in the PVEL PV Reliability Scorecard — the only Indian manufacturer to receive the honour for advanced technology in half-cut cell multi-busbar solar modules. Bagged a single 350 MW module supply order from the US
2023: The company reached manufacturing capacity to 3.5 GW per year
2024:
Secured a strategic 250 MW module supply deal with Gujarat Industries Power Company Limited.
Secured a 397.7 MW module supply contract for NTPC’s Gujarat Solar Project,
Got 3.5 GW module production capacity listed in Bloomberg NEF Tier-1 global accreditation (Q4 FY 2023-24),