Vikram Solar at a Glance
1. Company Overview
Founded in 2005 by Gyanesh Chaudhary and headquartered in Kolkata, Vikram Solar Limited is among India's largest solar PV module manufacturers, with an annual manufacturing capacity of approximately 4.5 GW as of FY 2023–24 Wikipediavikramsolar.us. The company is focused not only on manufacturing but also on engineering, procurement & construction (EPC), as well as operations & maintenance (O&M) services across solar power plants Wikipediamint.
2. Growth & Scale
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Manufacturing capacity grew from a modest 12 MW in 2009 to 4.5 GW by March 2024 Wikipedia.
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The order book surged from ~2,787 MW in FY23 to over 10,340 MW by FY25 mint.
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Revenues climbed sharply—from ₹2,073 cr in FY23 to ₹3,423 cr in FY25—while PAT grew from ~₹145 cr to ~₹1,398 cr in the same period mintWikipedia.
3. Project Portfolio & Execution
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Completed 200+ EPC projects across 19 Indian states and 2 union territories, cumulating to 1.41 GW by March 2025 mint.
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Rooftop installations of 114 MW across 214 projects for both public and private clients mint.
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Notable achievements include India’s first floating solar plant (Kolkata), solar airport at Kochi, and multiple megawatt-scale solar installations Wikipediamint.
4. Manufacturing Infrastructure
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Has facilities in Falta SEZ, Kolkata and Oragadam, Chennai—both strategically placed near ports and with good logistics WikipediaVikram Solar.
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Acts as a vertically integrated player, with advanced production technologies and high-efficiency module lines—including PERC, n-type, and HJT—under brands like Suryava, Paradea, and Hypersol mint.
5. Technology & Quality Leadership
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Modules consistently rated 'Top Performer' on reliability by PVEL/BNEF Wikipedia.
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Manufacturing processes recognized for high quality and endurance through standardized stress testing .
6. Financial Strategy & Global Presence
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Raised ₹621 cr from prominent anchor investors—such as Goldman Sachs, Morgan Stanley, and others—during its IPO The Economic Times.
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Global footprint spans sales in 32–39 countries, exceeded 1.6 GW of EPC and O&M portfolio as of early 2025 Solar Products InformationLeadIQvikramsolar.usmint.
7. Accolades & Recognition
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Repeated winner of industry awards for manufacturing excellence, innovation, sustainability, and project execution across multiple years (2015–2024) Wikipedia.
In Summary
Vikram Solar is a rapidly growing, vertically integrated solar energy company with:
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Massive manufacturing expansion and high-production capacity
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Strong financial momentum and improving margins
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Globally recognized quality and technology performance
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A broad international presence and robust domestic influence
