On October 23, 2025, Vikram Solar Limited announced a significant order win from Sunsure Energy Private Limited for 148.9 MW of high-efficiency N-Type TOPCon solar modules. The contract underscores the company’s growing leadership in India’s renewable energy sector as it continues to support the nation’s transition towards sustainable power generation.
Vikram Solar, one of India’s top solar PV module manufacturers, will supply its advanced M10R N-Type TOPCon modules rated at 595 Wp to Sunsure Energy. These modules will be deployed across Maharashtra and Uttar Pradesh, both key states driving India’s renewable energy growth.
The order will be executed within 60 days from the notice to proceed, expected by January 2026. This collaboration reinforces the ongoing momentum in India’s solar capacity expansion, contributing to the nation’s 500 GW non-fossil fuel target by 2030.
India recently crossed the 125 GW renewable energy capacity milestone, reflecting the nation’s commitment to sustainable growth. Vikram Solar’s order from Sunsure Energy follows other notable wins this year, including 200 MW from AB Energia, 336 MW from L&T Construction, and 326 MW from Gujarat Industries Power Company Limited.
These partnerships collectively strengthen India’s clean energy ecosystem and accelerate progress toward achieving energy independence and reduced carbon emissions.
Read More:Vikram Solar Q2FY26 Results: Module Sales Soared 189%, Revenue Surged 94%!
Gyanesh Chaudhary, Chairman and Managing Director of Vikram Solar, emphasised that collaborations like the one with Sunsure Energy are vital in realising India’s national clean energy ambitions. Sunsure Energy, backed by Partners Group AG with an equity commitment of $400 million, is an independent power producer operating 600 MW of assets with 7.10 GW under development. The company aims to reach 10 GW capacity by 2030, focusing on delivering round-the-clock renewable energy solutions through solar, wind, and battery storage.
Headquartered in Kolkata, Vikram Solar is one of India’s largest photovoltaic module manufacturers, with a cumulative production capacity of 4.5 GW and operations in 39 countries. Recognised as a ‘Top Performer’ in PVEL’s PV Module Reliability Scorecard 2025 and listed as a Tier 1 manufacturer by Bloomberg NEF, Vikram Solar has built a robust distribution network of over 100 authorised distributors, 375 dealers, and 75 system integrators across India.
On October 23, 2025, Vikram Solar share price opened at ₹336.50 on NSE, above the previous close of ₹335.90. During the day, it surged to ₹339.25 and dipped to ₹332.70. The stock is trading at ₹337.75 as of 9:29 AM. The stock registered a moderate gain of 0.55%.
Over the past week, it has declined by 1.21%, over the past month, it has moved up by 3.33%, and over the past 3 months, it has declined by 5.23%.
The 148.9 MW solar module order from Sunsure Energy marks another major milestone for Vikram Solar, reaffirming its commitment to advancing India’s renewable energy capabilities. This partnership exemplifies how technological excellence and strong industry collaboration can accelerate the nation’s transition toward a clean and self-reliant energy future.
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Published on: Oct 23, 2025, 12:14 PM IST
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