January 3, 2019

Vikram Solar signs agreement with NTPC for 140 MW Solar Project

January 3, 2019

Vikram Solar signs agreement with NTPC for 140 MW Solar Project

New Delhi, India

India, 2nd January, 2019: Vikram Solar, one of India’s leading module manufacturers and a comprehensive EPC solutions & rooftop solar provider, claimed a 140 MW solar plant project from National Thermal Power Corporation Limited (NTPC). The location selected for the project is Bilhaur, Kanpur, Uttar Pradesh, India.

A 700 acre area has been allotted for the project, and the solar plant is expected to successfully satisfy the electricity demand of the area. NTPC has plans to install 225 MW solar plant in UP and Vikram Solar has been selected to commission the first allotment of 140 MW project. The project is expected to be completed by September 2020 (as per tender guidelines).

Mr. Kuldeep Jain, COO- EPC, Vikram Solar, shared on the occasion, “Vikram Solar has had a long standing business relation with NTPC. Previously, we have handled 50 MW solar plant project in Mandsaur, MP and 130 MW solar project in Bhadla, Rajasthan for NTPC. And, I am very glad to say that Vikram’s focus towards innovation, quality, performance, customer centricity, and execution has help us to win this project.”

He also added, “Claiming LOI for this 140 MW project is a triumph for Vikram Solar, and we feel honoured to yet again have the opportunity to support NTPC in contributing to Indian solar revolution through green energy adoption. On behalf of Team Vikram, I express my admiration towards NTPC’S consistent effort towards solar growth, and I am hopeful that our partnership will continue to support India in providing Power for all.”

Vikram Solar currently has approximately 800 MW (commissioned+under execution) EPC portfolio in India. And has served clients like- NTPC, WBSDCL, GIPCL, BEL, BHEL, ISRO, IOCL, SBI, APGENCO, IMFA, Century Ply, KBL, etc.

About Vikram Solar Limited:

Vikram Solar Limited (formerly known as Vikram Solar Private Limited) is a leading solar energy solutions provider, specializing in efficient PV module manufacturing and comprehensive EPC solutions. With international presence in 6 continents, the Company is an active contributor in shaping the solar revolution across continents. Carrying forward the extensive manufacturing experience of the Vikram Group, Vikram Solar, since 2006, is building on a 4-decade-old success story.

Vikram Solar’s annual PV Module production capacity stands at 1 GW with an EPC portfolio of nearly 800MW (commissioned+WIP). The Company’s products comply with the international standards of quality, reliability, and performance. As a fully forward-integrated Solar EPC contractor, Vikram Solar deploys world-class technology to design, install, and commission solar projects worldwide.

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