Kolkata, March 21, 2026: Vikram Solar Limited, one of India’s leading integrated solar manufacturing and energy solutions providers, today announced the appointment of Sameer Nagpal as its Chief Executive Officer (CEO), effective immediately.
Sameer Nagpal brings over three decades of leadership experience across diverse industries, along with a proven track record of driving transformation, accelerating growth, and delivering sustained value creation in key leadership roles at Livguard Energy Technologies, Dalmia Bharat Group, Shalimar Paints, Ingersoll Rand, Zicom and Carrier Air Conditioning. His appointment marks a significant milestone as Vikram Solar advances its strategic vision to deepen backward integration, scale manufacturing capabilities, and reinforce its position in the global renewable energy landscape.
The company has outlined an ambitious growth roadmap to become a fully integrated energy solutions provider, targeting 15.5 GW of module manufacturing capacity, along with 12 GW of cell manufacturing capacity through backward integration. In parallel, Vikram Solar is expanding into energy storage with plans for 5 GWh BESS module manufacturing and 7.5 GWh battery cell manufacturing, with further scalability in the future.
Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar Limited, said: “The energy transition is at a defining moment, where scale, integration, and agility will separate the leaders from the rest. . Sameer brings a rare combination of transformation-led thinking and execution excellence, which will be critical as we evolve into a more integrated and globally competitive organisation. His leadership will help us not only strengthen our capabilities but also reimagine how we create sustainable value in an increasingly dynamic energy landscape.”
On his appointment, Mr. Sameer Nagpal, CEO, Vikram Solar Limited, said: “I am excited to join Vikram Solar at a time when the global energy landscape is undergoing a fundamental shift, creating opportunities for companies that can combine scale with agility and innovation. Vikram Solar has built a strong platform to participate meaningfully in this transition. As we move forward, our focus will be on strengthening our market position, expanding our global footprint, and enhancing our integrated capabilities to better serve evolving customer and market needs. I look forward to leading the organisation in its next phase of growth and contributing to a more sustainable energy future.”
Sameer succeeds Mr. Krishna Kumar Maskara, who served as Interim CEO and played an instrumental role in steering the company through a critical phase of growth, including the successful public listing in August 2025. Mr. Maskara will now serve as Chief Operating Officer (COO) and Chief Risk Officer (CRO), leading operational excellence across manufacturing and delivery while providing independent oversight of the enterprise risk management framework.
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 with cumulative production capacity of 9.5 GW. Vikram Solar is a ‘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 8 consecutive quarters. Vikram Solar Limited has established a pan-India presence through an extensive distributor network of 105+ authorized distributors, more than 435+ dealers, and 77+ system integrators.
For further information, please contact: Srabani Sen| Vikram Solar | Mobile: +91 7349661300| Email: press@vikramsolar.com
