Vikram Solar

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Vikram Solar Limited
Company type Public
BSE:  544488
NSE:  VIKRAMSOLR
Industry Solar energy
Founded2005;20 years ago (2005)
FounderGyanesh Chaudhary
Headquarters,
India
Area served
Worldwide
Key people
Gyanesh Chaudhary
(CMD) [1]
Products Solar modules
RevenueINR 25,109.90 Million (FY 2023-24)
Number of employees
1,513 employees and 728 contractual employees (FY 2023-24)
Website www.vikramsolar.com

Vikram Solar Pvt. Ltd. is an Indian company based in Kolkata and the second-largest solar energy company in India by revenue. [2] It is a subsidiary of Vikram Group, which also has subsidiaries in the tea processing, textiles and engineering industries. [3] [4]

Contents

History

Vikram Solar was founded in 2006 by Gyanesh Chaudhary as a manufacturer of solar modules, lighting systems and power packs. It has since moved into Engineering, procurement, and construction management, and solar power plant operations & maintenance. [5] [6] In 2015 the company completed the first floating solar power plant in India. [4]

On October, 2015 the company concluded an agreement with British Solar Renewables (BSR) to supply modules with a total output of 30 MW.

On February, 2016 the company partnered with Powertech Africa, an African distributor of energy technology, thereby entering 14 new markets in Sub-Saharan Africa, including Botswana, Zimbabwe and Tanzania. Vikram Solar already operates offices in Kenya, Uganda and South Africa. [7]

See also

References

  1. "BQ Conversations with Vikram Solar's MD Gyanesh Chaudhary". YouTube . 20 July 2021.
  2. "Top 15 solar players in India". electronicsb2b. Archived from the original on 18 December 2015. Retrieved 29 March 2016.
  3. Gireesh Chandra Prasad (15 June 2016). "Vikram Solar to sell shares for expansion". Mint (newspaper) . Retrieved 30 July 2016.
  4. 1 2 Natalie Obiko Pearson (12 August 2014). "Vikram Solar to Build India's First Floating Solar Plant". Bloomberg L.P. Retrieved 30 July 2016.
  5. "Vikram Solar teams with European firms for solar cell production". PV Tech. Retrieved 31 March 2016.
  6. "Vikram Solar plans IPO by end of 2013". Business Standard. 8 April 2012. Retrieved 30 July 2016.
  7. Debjoy Sengupta (4 February 2016). "Vikram Solar expands to 14 new Sub-Saharan countries". The Economic Times . Retrieved 30 July 2016.