Vikram Solar has secured a new order from the Bondada Group to supply 250 megawatts of high-efficiency photovoltaic modules for a solar project in Maharashtra. Deliveries are expected to begin within the current financial year (FY 2025–26).
Under this agreement, Vikram Solar will provide its advanced n-type solar modules, known for their high energy yield and efficiency. This contract reinforces the company’s position among India’s top solar manufacturers listed in the Approved List of Models and Manufacturers (ALMM).
Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, stated, “Every project we take on represents the confidence our partners have in our technology and execution capabilities. As India’s push for renewable energy gains pace, we’re committed to supporting that growth with dependable solar solutions and a strong delivery track record.”
Bondada Raghavendra Rao, Chairman and Managing Director of the Bondada Group, said, “Our collaboration with Vikram Solar reflects a shared ambition to accelerate India’s transition to clean energy. With over 3 GW of active projects and a long-term target of reaching 10 GW by 2030, trusted partnerships like this are key to meeting our goals with speed and precision.”
Based in Kolkata, Vikram Solar is one of India’s leading solar module manufacturers, with an installed production capacity of 4.5 GW as of FY 2025. The company was recently recognized as a Top Performer in Kiwa PVEL’s 2025 PV Module Reliability Scorecard—its eighth overall and seventh consecutive appearance in the industry benchmark.
Vikram Solar Limited is one of India’s largest PV module manufacturers, with a global presence spanning 39 countries as of Fiscal Year 2024. Headquartered in Kolkata, the company operates with a total manufacturing capacity of 4.5 GW as of Fiscal Year 2025. Vikram Solar was named a ‘Top Performer’ in PV module reliability by PVEL in 2024 and has been listed among BloombergNEF’s Tier 1 solar module manufacturers for the first three quarters of Calendar Year 2024.
