Vikram Solar Commissions 140 MW Solar Project for

 Vikram Solar Commissions 140 MW Solar Project for NTPC

 ·         The largest solar plant by capacity commissioned so far in the state of Uttar Pradesh (UP)

·         Expected annual energy yield: 319 MU/year

·         Expected number of houses to be powered 1,45,662/year

 

Vikram Solar, one of India’s leading module manufacturers and a comprehensive EPC solutions & rooftop solar provider, announced the completion of a 140 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, UP, spread across 700 acres. The 140 MW Solar project also includes a 33/132 KV switchyard. The expected energy yield of this project in Uttar Pradesh is 319 million units and is expected to power 1,45,662 houses per year.

On this occasion, Mr Saibaba Vutukuri, Chief Executive Officer, Vikram Solar said, “We at Vikram Solar, are proud to associate with NTPC for this prestigious project in its mission to support India’s transition towards green energy. With this project, we reiterate our commitment to providing innovative, superior quality and performance-based solutions to our customers to accelerate solar adoption in India. The completion of this project is a testament to the diligence and enthusiasm of our on-ground team who completed the project well ahead of the deadline despite multiple logistical challenges in 2020.”

 

Mr Venkat Muvvala, Head of EPC, Vikram Solar, added, “Despite several hurdles faced during execution of the project due to the pandemic, Vikram Solar successfully commissioned the plant for NTPC to achieve Commercial Operation well ahead of time. We appreciate NTPC for its excellent support and co-operation from all quarters, to reach this important milestone. NTPC is one of our largest clients with portfolio of commissioned and under construction projects totalling ~708 MW. Our continued association with an esteemed client like NTPC is a testament to our clients’ trust in our products and execution capabilities.”

 

The project has been developed by NTPC after winning a competitive bid from UPNEDA (Uttar Pradesh New and Renewable Energy Development Agency). Vikram Solar Limited was subsequently awarded this project on turnkey basis for EPC. This is a landmark Project for both Vikram Solar and NTPC in Uttar Pradesh, it being the largest capacity solar Plant commissioned so far in the state. 

 

Vikram Solar’s manufacturing unit powered by renewable energy

 Vikram Solar’s manufacturing unit powered by renewable energy; commissions Rooftop Solar Power Plant at the facility

·         919.73 Kilowatt peak (KWp) captive solar plant at Falta, West Bengal

·         Multiple advancements in Solar photovoltaic (PV) technology deployed at a single location

·         Will cater to more than 27% of the entire manufacturing unit’s electricity consumption during normal day time operation

·         Project will help in offsetting ~1,645 tonnes/year of CO2 emissions

 

Vikram Solar, India’s leading module manufacturer and a comprehensive EPC solutions & rooftop solar provider commissioned a rooftop solar project on their manufacturing facility in Falta, West Bengal earlier this month. The 919.73 KWp plant consists of 2,574 solar panels ranging from 325Wp to 400Wp covering an area of 6,500 square meters. The solar plant will cater to more than 27% of the entire manufacturing unit’s electricity consumption during normal day time operation. This is a unique project since it uses 12 different types of modules from a mix of Vikram Solar’s SOMERA Monocrystalline, half-cut and full-cut cell modules manufactured by Vikram Solar.

Commending the achievement, Mr. Saibaba Vutukuri, CEO, Vikram Solar, said, “We at Vikram Solar continuously lead by example through innovation, research and modernization. This rooftop project was envisioned, not only to cater to the captive energy requirements of our manufacturing unit, but also to making it a green energy unit and enabling India’s transition to a low-carbon economy. The project showcases Vikram Solar’s multiple technologies in Solar PV modules, Inverter, and Robotic cleaning systems driven by soiling sensors at a single location and will result in a total saving of about Rs. 98.8 Lakhs per annum on energy. These state-of-art technologies ensure better performance and higher energy yield. We hope that self-sustaining initiatives like this will inspire others to embrace the path to reducing carbon footprint.”

The solar plant will generate an annual yield of 1,350.58 MWh. To utilize the energy generated from the PV plant, Vikram Solar has installed 14 Grid-connected string inverters from Sungrow, Huawei & Solis and 60 Micro inverters from Enphase. The project was commissioned in record-time of within a one month despite the complexity of constructing the project with different module type (half-cut and full-cut) and size.

Vikram Solar appoints Renewable Energy veteran

Vikram Solar appoints Renewable Energy veteran Mr Saibaba Vutukuri
as new CEO

Mr. Gyanesh Chaudhary to remain MD, focus on diversification, new ventures, key corporate initiatives

Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider, today announced the appointment of renewable energy sector veteran, Mr Saibaba Vutukuri as the new Chief Executive Officer (CEO) of the company. This announcement comes in at an important juncture, marking the next phase of growth at Vikram Solar.

Mr Gyanesh Chaudhary will retain his position as the Managing Director of the company. With Mr Vutukuri’s appointment, Mr Chaudhary will take on a more strategic role involving portfolio diversification, key strategic initiatives and future ventures.

Mr Vutukuri, a post-graduate in International Business (MBA) from Copenhagen Business School, has over 3 decades of industry experience, with more than two decades spent in the wind and solar sector. Besides serving as the President and CEO- Diversification of the BSE listed Inox Wind Ltd in his last assignment, Mr Vutukuri has previously held leadership positions in several organizations including Business Head/Chief Executive, India Business (South and East) and South East Asia markets at Suzlon Energy Ltd among other leadership roles.

Speaking about Mr Vutukuri’s appointment, Mr Gyanesh Chaudhary, Managing Director, Vikram Solar said, “Sai’s knowledge and experience will be an extremely valuable asset to Vikram Solar. His wide experience in solar manufacturing, corporate affairs and international markets will help us to further strengthen our leadership position in the renewable sector. I will be supporting Sai in the transition process during the first half of the year to ensure a seamless experience for all our internal and external stakeholders.”

The newly appointed Chief Executive Officer of Vikram Solar, Mr Saibaba Vutukuri shared “I’m delighted to be joining Vikram Solar as the CEO at an exciting time for the business. It is a remarkable company with a long history of outperformance, creating innovative products. I’m looking forward to working with an exceptional group of leaders over the coming years to continue to transform Vikram Solar.”

He further added, “It is important to state that we, at Vikram Solar, are going to stay true to our DNA and will continue to make the best products in the industry that delight our customers and make our employees incredibly proud of what they do.”

Under the leadership of Mr Gyanesh Chaudhary, Vikram Solar has become one of the largest solar module manufacturers in India in the last 14 years. Continuing as the Managing Director of Vikram Solar, his focus will be on future expansion, new business opportunities and growth plans including investments and major capex decisions among key business areas.