Sectors & Capital
Vikram Solar
Company Profile · Solar

Vikram Solar

Leading Indian module maker with global project footprint.

Overview

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Vikram Solar is one of India's leading solar photovoltaic module manufacturers, headquartered in Kolkata, West Bengal. Founded in 2006, the company designs and manufactures high-efficiency solar modules and delivers EPC solutions for utility-scale, commercial, and industrial solar projects across domestic and international markets, positioning itself as a premium, technology-driven player in the clean energy value chain.

Technology & products

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Vikram Solar specialises in high-efficiency monocrystalline PERC and TOPCon solar modules under its ELDORA and HYPNO series. Its technology edge lies in achieving superior module efficiency ratings, low degradation rates, and bifacial cell architecture, enabling higher energy yield per unit area — particularly valued in land-constrained or high-irradiance project environments.

Manufacturing & capacity

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Vikram Solar operates large-scale integrated module manufacturing facilities in India, with capacity running into multiple gigawatts. The company has pursued aggressive capacity expansion to serve both domestic demand driven by India's clean energy targets and growing export obligations to Europe and North America.

Manufacturing plants

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Sales offices & markets

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Sales & market presence

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Vikram Solar has a strong domestic footprint supplying modules to large Indian IPPs, PSUs, and government-backed solar programmes. Internationally, it has established credible market presence in Europe (UK, Germany), North America, and select Middle East and African markets, exporting high-efficiency modules to premium-segment buyers seeking bankable, Tier-1 rated products.

Recent focus

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Key competitors

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Automation & efficiency

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Vikram Solar deploys automated production lines with robotic handling, inline electroluminescence testing, and AI-assisted quality inspection to minimise defect rates and maximise throughput. Digital manufacturing execution systems (MES) enable real-time process monitoring and yield optimisation. These investments reduce labour dependency, improve module consistency, and help the company sustain Tier-1 bankability ratings demanded by global project financiers.

Market position

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Vikram Solar holds a respected Tier-1 global bankability ranking and is among India's top five module manufacturers by quality perception and export revenue. It competes on efficiency and reliability rather than pure price, targeting premium IPP, utility, and institutional buyers in India, Europe, and North America.

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