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Vikram Solar has bagged an order to supply 289.87 MWp of N-TOPCon modules to NLC India (NLCIL), on behalf of NLC India Renewables (NIRL) for an 810 MW solar power project at the RUVN Solar Park in Pugal, Bikaner, Rajasthan, one of the largest solar parks in the country. NLC India Renewables (NIRL) is a wholly owned subsidiary of NLC India.
Built on N-type TOPCon cell technology, the modules are designed to deliver higher energy yield and stable output in high-irradiance, high-temperature conditions such as those of western Rajasthan.
Spread across the Thar region, the RUVN Solar Park is central to Rajasthan's effort to harness its vast solar resource, as the state continues to lead India's utility-scale solar build-out. A role in a project of this magnitude reinforces Vikram Solar's standing as a trusted domestic supplier for grid-scale installations, where consistent quality, bankability and timely delivery are critical. The order further adds to the company's order book as demand for high-efficiency, domestically manufactured modules continues to rise under India's drive for self-reliance in solar manufacturing.
Vikram Solar announced that its 9-GW N-type TOPCon solar cell manufacturing facility at SIPCOT Industrial Park, Gangaikondan, Tirunelveli district, Tamil Nadu, is on schedule to produce its first cells in December 2026. The full 9 GW will be commissioned in phases thereafter.
The cell plant is the second of three phases in Vikram Solar's integration roadmap at Gangaikondan. The first, the 6 GW module plant, was inaugurated by the Hon'ble Chief Minister of Tamil Nadu in August 2026; and the third being a 9 GW ingot and wafer facility, that is board-approved and targeted for FY29. Within the cell phase, capacity is planned to expand to 12 GW.
On completion, Gangaikondan will be one of the few sites in India where ingots, wafers, cells and modules are made together. The campus will provide more than 2000 direct & indirect employment. The facility is being developed through the company's wholly owned subsidiary, VSL Green Power, on its nearly 200-acre integrated campus, where co-location shortens supply cycles, tightens quality control and lowers logistics cost.
Vikram Solar has secured a 400 MW module supply order from a highly reputed EPC player for a portfolio of decentralised solar projects being developed across multiple locations in Maharashtra.
The order further strengthens Vikram Solar's presence in India's rapidly expanding agricultural-feeder solarisation segment, which is playing an increasingly important role in the country's transition towards decentralised and reliable renewable energy infrastructure. Under the agreement, Vikram Solar will supply its high-efficiency N-Type TOPCon G12R modules, featuring glass-to-glass, bifacial technology and half-cut cells, with a power output of 620 Wp. Supplies are scheduled to commence in October 2026.
Vikram Solar has secured a 124 MW module supply order for a solar project in Anantapur, Andhra Pradesh. The order is placed by Capital Energy.
Under the agreement, Vikram Solar will supply its high-efficiency G12R TOPCon modules, with rated capacities ranging from 620 Wp to 630 Wp. Module supplies are scheduled to commence in October 2026.
Vikram Solar Ltd, Ipca Laboratories Ltd, Tourism Finance Corporation of India Ltd and Triveni Engineering and Industries Ltd are among the other gainers in the BSE's 'A' group today, 17 August 2026.
Manorama Industries Ltd surged 9.78% to Rs 1909 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.14 lakh shares were traded on the counter so far as against the average daily volumes of 30205 shares in the past one month.
Vikram Solar Ltd soared 8.37% to Rs 173.55. The stock was the second biggest gainer in 'A' group. On the BSE, 9.03 lakh shares were traded on the counter so far as against the average daily volumes of 2.6 lakh shares in the past one month.
Ipca Laboratories Ltd spiked 7.75% to Rs 1868.05. The stock was the third biggest gainer in 'A' group. On the BSE, 2.76 lakh shares were traded on the counter so far as against the average daily volumes of 26740 shares in the past one month.
Tourism Finance Corporation of India Ltd gained 7.37% to Rs 126.05. The stock was the fourth biggest gainer in 'A' group. On the BSE, 6.23 lakh shares were traded on the counter so far as against the average daily volumes of 13.88 lakh shares in the past one month.
Triveni Engineering and Industries Ltd jumped 7.25% to Rs 285.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 73199 shares were traded on the counter so far as against the average daily volumes of 42888 shares in the past one month.
For the full year,net profit rose 236.42% to Rs 470.42 crore in the year ended March 2026 as against Rs 139.83 crore during the previous year ended March 2025. Sales rose 40.28% to Rs 4802.25 crore in the year ended March 2026 as against Rs 3423.45 crore during the previous year ended March 2025.