Vikram Solar, announced on Friday that it has secured a significant order to supply solar modules for NTPC Renewable Energy Ltd’s Khavda project in Gujarat. The 397.7 MWp order will contribute to a substantial portion of the 1,255 MW Khavda Solar Project, reinforcing Vikram Solar’s role in India’s renewable energy expansion.
The project aligns with the Domestic Content Requirement (DCR), underscoring Vikram Solar’s commitment to supporting and advancing India’s domestic solar manufacturing capabilities. The DCR mandates the use of locally manufactured solar modules and components, which aims to boost the indigenous solar industry.
Gyanesh Chaudhary, Chairman & Managing Director of Vikram Solar, expressed his satisfaction with the new order, stating, “Our successful execution of numerous solar projects for NTPC has fostered a deep trust, built on a shared commitment to excellence. We are proud to contribute to NTPC’s ambitious renewable energy goals and to bolster India’s domestic solar manufacturing through this significant project.”
NTPC’s Khavda project is one of the largest solar power initiatives in the region, and Vikram Solar’s involvement is seen as a testament to its capability and reliability in delivering high-quality solar modules. The modules supplied by Vikram Solar will be instrumental in generating clean, sustainable energy, furthering India’s transition towards renewable energy sources.
This new order from NTPC comes on the heels of several successful collaborations between the two companies. Vikram Solar has consistently demonstrated its ability to meet the rigorous demands of large-scale solar projects, earning the trust and confidence of NTPC Renewable Energy Ltd, one of India’s leading energy providers.
The Khavda project in Gujarat is expected to significantly boost the state’s renewable energy capacity and contribute to India’s overall solar energy targets. By harnessing solar power, the project aims to reduce carbon emissions and promote sustainable development.
Vikram Solar’s advanced solar modules, known for their efficiency and durability, will play a crucial role in ensuring the success of the Khavda project. The company’s state-of-the-art manufacturing facilities and commitment to innovation have positioned it as a leader in the solar energy sector, both in India and globally.
As the world shifts towards cleaner energy sources, collaborations like the one between Vikram Solar and NTPC Renewable Energy Ltd are critical in driving the renewable energy agenda forward. This partnership not only highlights the potential of solar energy in meeting future energy needs but also reinforces the importance of domestic manufacturing in achieving energy security and sustainability. The successful execution of the Khavda project will mark another milestone in Vikram Solar’s journey and its contribution to India’s renewable energy landscape.
