Vikram Solar becomes India’s largest module manufacturer with

 Vikram Solar becomes India’s largest module manufacturer with upto
2.5 GWcapacity; Hon’ble Chief Minister of Tamil Nadu inaugurates
1.3 GW module facility in Chennai

·         The first largest solar manufacturing unit in the state of Tamil Nadu;

·         Capable of handling module wattage upto 640 watts

·         ~1,000 jobs estimated to be created in the current first phase

Vikram Solar, one of India’s leading module manufacturer and comprehensive EPC solutions & rooftop solar provider announced a new solar photovoltaic (PV)module manufacturing facility located at IndoSpace Industrial Park, Oragadam, Tamil Naduinaugurated by the Hon’ble Chief Minister of Tamil Nadu, Mr M.K.Stalin. The new manufacturing facility has a 1.3 GW module manufacturing capacity annually. With this unit, Vikram Solar’s cumulative PV module manufacturing capacity reaches 2.5GW,which is currently the largest in India. It is aligned to the Hon’ble Prime Minister’s vision of making India self-reliant in solar manufacturing.

Key Highlights -          Dedicated to the people of the state of Tamil Nadu -          Equipped with high-tech automation and is compliant with industry 4.0 standards -          Forward compatibility with upcoming technologies such as M12 cell modules, high-efficiency bi-facial & smart modules -          0.13 million square ft. production area -          Proximity to the sea-port will enable faster and cost-effective transportation

Speaking on the occasion Mr. Gyanesh Chaudhary, Managing Director, Vikram Solar, said, “We believe that the exponential demand surge for solar energy coupled with a clarion call globally to diversify trade markets and supply chain presents a huge opportunity for indigenous solar manufacturing. Vikram Solaris committed to enable India’s Aatmanirbhar Bharat vision and accelerate the clean energy transition.We believe, ournew facility further strengthens not just Vikram Solar but the Nation’s solar manufacturing prowess and ecosystem. Apart from bridging the demand-supply gap for modules, our state-of-the-art facility will propel technological innovation, job creation and aid India’srenewable energy targets.”

Adding further, he said, “This is an extension of our endeavour to provide high quality, reliable, technologically superior products and timely delivery to our customers. It will further contribute as an R&D platform for next-gen module technology. We have extensively leveraged digitization to ensure reliable and efficient manufacturing operations. We thank the Tamil Nadu government for their continued support and conducive environment to enable ease of doing business within the state.”

The state-of-the-art machinery deployed at the factory and the convergence of digitization with manufacturing will recast the global manufacturing landscape and give Vikram Solar the competitive-edge. We have implemented digital production display board, the Internet of Things (IoT), Artificial Intelligence (AI) enabled inspection for zero defect amongst various such emerging technologies.The digitization initiatives havefurther enabled seamless process like lean manufacturing, reducing and controlling wastages.

Vikram Solar’s manufacturing footprint consists of 1.2 GW facility inFalta, West Bengal and the new facility of 1.3 GW in Chennai, Tamil Nadu. The company has shipped over 3.5 GW PV modules globally.

Vikram Solar wins 5 awards for

 Vikram Solar wins 5 awards for excellence in the solar module industry

Vikram Solar Ltd, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider has been recognized with 5 awards at the ‘PV ModuleTech India 2020 Awards’.

The award, organized by Solar Quarter Magazine recognizes and celebrates exceptional talent and achievements in the Solar PV Module market. Companies from all over the world were nominated for the coveted titles. The awards focused on personalities, projects, technologies, and products from companies that are willing to push the boundaries of technical innovation and improved operational efficiencies.

Vikram Solar won:

•          Smart Technology Innovation of the Year

•          Outstanding Technology Innovation of the Year

•          Technology of the Year: Utility Solar Module

•          Module Manufacturer of the Year: Make in India

•          Module Company of the Year: Testing Equipment

Mr Saibaba Vutukuri, CEO, Vikram Solar said, "We are immensely proud to have won these coveted awards. We, at Vikram Solar, are determined to provide our customers with quality and reliable products by focusing on advanced research and development infrastructure. This recognition is a testament to our teams’ hard work and commitment to India’s solar power revolution. We at Vikram Solar aims to be leading contributors to India in becoming the manufacturing hub for solar modules providing high quality and innovative products all around the world.”

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.

Vikram Solar Brings Solar Energy to 3 More Airports

Vikram Solar Brings Solar Energy to 3 More Airports in India

New Solar Plans comminssioned at Dibrugarh (Assam), Gaya (Bihar) and Gondia (Maharastra)

Vikram Solar, one of India’s leading solar module manufacturers and prominent rooftop solar & EPC solutions provider commissioned three new solar plants for Airport Authority of India (AAI) in Dibrugarh, Gaya, and Gondia, furthering the company’s contribution to solarization of airports in India.

These three new projects have a cumulative capacity of 1165 kW (or 1.1 MW), leading Vikram Solar to have a portfolio and experience of commissioning 6 solar projects for airports (Kolkata, Calicut, Dibrugarh, Gaya, Gondia and Cochin) in India till date, with cumulative capacity amounting to more than 4 MW.  

The capacity of the solar plant at Dibrugarh, Assam airport is 725 kW and the project is designed to serve as a Solar Carport. The plant is expected to provide accommodation to 200- 220 vehicles. Vikram Solar’s 345Wp Mono Crystalline modules were used to cover the 8000 sq mtr area of the carport. The plant is expected to generate approximately 10,40,000 kWh of green energy annually.

The Gondia, Maharashtra airport project is 220 kW in capacity and used Vikram Solar’s 330 Wp Polycrystalline Eldora Grand Series modules. This ground-mounted solar plant will power the Birsi Airport office building. 

The capacity of the solar plant at Gaya, Bihar airport is also 220 kW. The solar plant used Eldora Grand Series 325 Wp modules and expected to power 4 Airport Buildings at Gaya Airport. 

Each of the two 220 kW solar plants in Gaya and Gondia is expected to generate nearly 3,00,000 kWh green energy annually. 

Mr Dheeraj Anand, Head- Distributed Solar, Vikram Solar, shared on the occasion, “We are proud to be a partner of choice in contributing towards AAI’s vision of adopting renewable energy. Vikram Solar is certain that the successful commissioning of these 3 new projects is a testimony of our performance, capabilities and dedication towards customer satisfaction.”

He further added “We would also like to take this opportunity to thank AAI for entrusting Vikram Solar with these 3 new projects and thank them for leading the way with their ever-progressive move towards reducing carbon footprint by adopting solar power.”

Vikram Solar is spearheading India’s solar revolution with 1040 MW* EPC capacity portfolio. The company has commissioned a total of 6 airport projects till date- 5 for AAI and 1 project for Cochin International Airport Limited (CIAL). 

Vikram Solar Commissions 1461 kW Rooftop

 Vikram Solar Commissions 1461 kW Rooftop Solar projects for Century Plyboards (India) Limited

Chennai, 18th September, 2018: Vikram Solar, one of India’s leading module manufacturer and a prominent rooftop solar & EPC solutions provider, announced the installation of a 1461 kW Rooftop Solar PV system for Century Plyboards (India) Limited at two locations. 

The 1056kW at Century Plyboards’ Chennai unit is spread over 11000 square metres across seven factory sheds and 3 evacuation points. There are 3300 modules in operations with a cumulative annual energy yield of 1.536 million units, which would help reduce 1310 metric tonnes of Carbon Dioxide emissions per year.

Vikram Solar also commissioned a 405kW Rooftop Solar PV system for Century Plyboards’ Chirai Moti unit near the Kandla Port in Gujarat. Spread over 450 square metres, the project is powering the complete factory with the power evacuated at 2 points. The plant is expected to produce an annual yield of nearly 6 Lakh units which would reduce around 500 metric tonnes of Carbon Dioxide emissions per year.

Mr. Keshav Bhajanka, Executive Director, Century Ply, shared, “Green energy shift was always a part of our plan to become a part of the national Green Energy Revolution and we are glad to have succeeded in ushering into the renewable hemisphere. Our intention was to contribute towards the Solar Mission of the country and actively address the issue of global warming. Vikram Solar, with its 12 year old history and steps undertaken by the company to help other industries contribute to the environmental longevity, played a pivotal role in helping us make this vision a reality. We intend to further enhance our renewable footprint and look forward to having future associations with them across different functioning units in India”.

Mr. Gyanesh Chaudhary, MD & CEO, Vikram Solar, shared on the occasion, “Century Plyboards Limited is a leader in the industry and it was a privilege for us to make their vision a reality in their first step towards the green energy drive which is a valuable and respectful addition in our portfolio of leading industrial manufacturers that we have helped go solar. We are proud to have showcased a strategic and technological advantage in conceptualizing the project, and upholding our commitment to the client. We hope that this will be a long lasting association and we congratulate Century Plyboards Limited for their step towards a Green India”.

Ms. Neha Agrawal - Head- Corporate Strategy & Rooftop Business said “Vikram Solar has a prestigious Rooftop EPC portfolio comprising of Private Sector clients (SL Group, IMFA, Century Ply, KBL, and Anmol Biscuits to name a few) and Government clients (such as ISRO, IOCL, SBI, WBSEDCL, and AAI).

We are continuously working towards setting rooftop power plants in a timeline of 1 to 3 months with precision engineering that maximizes roof space and meets power demands at least cost. Our team ensures that the return on investment on the rooftop power plants of our esteemed clientele is maximized and the realization is optimum.”