Vikram Solar Wins 148.9 MW Order from Sunsure Energy, Advancing India's Clean Energy Push

Vikram Solar, one of India's leading solar PV module manufacturers, has announced a major order of 148.9 MW high-efficiency solar modules from Sunsure Energy, a leading renewable energy solutions provider for India's leading businesses and utilities transitioning to green power. The modules, rated at 595 Wp, will be deployed across Maharashtra and Uttar Pradesh, two states that are playing a pivotal role in advancing India's clean energy ambitions.

Under this contract, Vikram Solar will supply its advanced M10R N-Type TOPCon modules to Sunsure, known for superior efficiency, reliability, and high energy yield.

This order from Sunsure Energy adds to a series of significant wins for the company this year, including 200 MW from AB Energia, 336 MW from L&T Construction, and 326 MW from Gujarat Industries Power Company Limited, among others.

Mr. Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar, said; "India recently crossing the 125 GW renewable energy capacity mark is a powerful reminder of the momentum we've built on our clean energy journey. We are moving swiftly and decisively toward our national goals, and collaboration with Sunsure Energy play a vital role in sustaining that progress. By combining technological excellence with strong industry partnerships, we are not just accelerating project execution but also strengthening the collective ecosystem that will power India's clean energy future."

Manish Mehta, Co-Founder & Chief Commercial Officer at Sunsure Energy said, "At Sunsure, our mission is to empower India's industries with reliable, round-the-clock green energy by building large-scale renewable plants equipped with superior-quality modules and advanced BESS technologies, while upholding the highest standards of operational excellence. Partnering with Vikram Solar for our upcoming projects in our key markets - Uttar Pradesh and Maharashtra, reflects our commitment to integrating world-class technology with efficient execution. Their proven track record and manufacturing excellence align with our performance goals. Together, we aim to deliver clean energy at scale across India and contribute meaningfully to India's ambition of achieving 500 GW of clean energy capacity."

The project supports India's target of achieving 500 GW of non-fossil fuel capacity by 2030, while also driving local economic impact through clean power access, reduced carbon emissions, and enhanced energy security.

Shares of Vikram Solar Limited was last trading in BSE at Rs. 335.95 as compared to the previous close of Rs. 330.50. The total number of shares traded during the day was 49887 in over 1281 trades.

The stock hit an intraday high of Rs. 337.10 and intraday low of 329.55. The net turnover during the day was Rs. 16732695.00.

Source : Equity Bulls

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