Vikram Solar Secures 130 MW Solar Cell Supply Deal with Evervolt Solar

Vikram Solar Limited has entered into a major supply agreement to source crystalline solar cells to bolster its domestic photovoltaic (PV) module manufacturing operations. The clean energy major has locked in a sourcing deal for 130 Megawatts (MW) of specialized solar cells.

Procurement Specifications and Timeline

The commercial contract was signed with Evervolt Solar Technology India Private Limited (an entity formerly operating under the name CETC Renewable Energy Technology India Pvt. Ltd.).

Under the terms of the agreement, Vikram Solar will procure Mono-PERC 10BB DCR-compliant crystalline solar cells. The "DCR" classification indicates that the components meet strict Domestic Content Requirement standards, making the resulting solar modules highly viable for subsidized or government-driven clean energy projects in India.

The delivery schedule for the 130 MW allocation is structured to span across the current financial year, running from July 2026 through March 2027.

Shares of Vikram Solar Limited was last trading in BSE at Rs. 203.30 as compared to the previous close of Rs. 193.40. The total number of shares traded during the day was 558937 in over 5478 trades.

The stock hit an intraday high of Rs. 204.00 and intraday low of 195.20. The net turnover during the day was Rs. 111834395.00.

Source : Equity Bulls

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VikramSolar INE078V01014 ElectricalEquipment SolarCell SupplyDeal EvervoltSolar