Kolkata, March 07, 2022: Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider, has announced the appointment of Mr. Rajendra Kumar Parakh as Chief Operating Officer (COO) for the Engineering, Procurement and Construction (EPC) division. Vikram Solar is among the *top five EPC players as per installed EPC base in India, with experience of executing more than 300 projects of cumulative capacity of 1.44 GW. Mr. Parakh has been associated with Vikram solar since 2017 as the Chief Financial Officer (CFO). He has been at the helm of driving several strategic and financial planning initiatives at Vikram Solar.
Mr. Gyanesh Chaudhary, Vice Chairman and Managing Director, Vikram Solar, said, “Mr. Parakh has led the organization as the CFO and has complete overview of our global operations, projects, business development, Research & Development (R&D). He has an exceptional leadership track record. The solar sector is at an inflection point with government’s policy impetus and the demand surge for solar globally to accelerate the clean energy transition. At this juncture, we will immensely benefit from Mr. Parakh’s deep industry knowledge to further strengthen our track record and leadership in solar EPC, which significantly contributes to our overall revenues.”
Mr. Parakh is rank holder Chartered Accountant (CA) from the Institute of Chartered Accountants of India and Senior Management Programme (SMP) graduate from the Indian Institute of Management Calcutta (IIMC). He has a diverse experience spanning many decades in cross-functional and leadership roles across manufacturing, mining, industrial engineering, iron & steel and polymer industry. He has an extensively rich expertise in financial reporting & structuring, strategic planning, corporate governance & risk management, export & import functions, procurement among others.
Commenting on his appointment Mr. Rajendra Kumar Parakh, Chief Operating Officer- EPC, Vikram Solar, said, “I am honored to take on the new role and very eager to contribute to the organization’s growth. I am looking forward to working with our clients to enable their green energy goals and further augment our EPC capabilities and portfolio.”
Vikram Solar provides extensive EPC solutions which comprises of Design & Engineering, Procurement, Construction and Quality Assurance. The clientele both in domestic and international markets includes NTPC, Atria, Rays Power Infra, Keventer Agro, Amp India, West Bengal State Electricity Distribution Company Limited (WBSEDCL), West Bengal Power Development Corporation Limited (WBPDCL) HPCL, Amp Solar Group, Safari Energy, Standard Solar, and Southern Current among others.
About Vikram Solar:
Vikram Solar Limited is a leading solar energy solutions provider, specializing in efficient photovoltaic (PV) module manufacturing and comprehensive EPC solutions. With an international presence across 6 continents and portfolio of 1,444 MW (commissioned + under execution) the company is an active contributor in shaping the global solar revolution. Headquartered in Kolkata, West Bengal, it one of the largest PV module manufacturer in India with cumulative production capacity of 2.5 GW**. According to Bloomberg New Energy Finance, the company is a Tier 1 PV module manufacturer and a consistent ‘Top Performer’ in PVEL’s PV module reliability scorecard. As a fully forward-integrated Solar EPC solutions provider, Vikram Solar deploys world-class technology to design, install and commission solar projects worldwide. The company has a robust distribution network with 42 distributors, ensuring the availability of solar products and solutions across 26 states pan-India. Website: www.vikramsolar.com
*CRISIL report **as on 31st December 2021
For further information, please contact:
Asha Bajpai | Vikram Solar Limited| Mobile: +91 98207 83566 | Email: email@example.com