Vikram solar bags 300 MW solar project by NTPC

NTPC has awarded a 300 MW solar plant project for Rs 1,750 crore under the CPSU-II scheme to Vikram Solar.

Vikram Solar

– By the Electrical India content team 

The National Thermal Power Corporation Limited (NTPC) has awarded a 300 MW solar plant project for Rs 1,750 crore under the CPSU-II scheme to Vikram Solar which is a module manufacturer and comprehensive EPC solutions & rooftop solar provider.

Vikram Solar bagged the project in a reverse bidding auction, and the solar plant will be spread across 1500 acres of land in Rajasthan. Tendered under the DCR category of the CPSU – the project is expected to take 18 months to be completed. Saibaba Vutukuri, Chief Executive Officer, Vikram Solar said: “NTPC has always focused on supporting the green energy transition in India and we are proud to be a part of NTPC’s recent effort towards solar growth. I am certain that this 300 MW plant will see successful execution within the agreed time frame and our partnership will continue to support India in providing ‘Power for All’.”

Venkat Muvvala, Head of EPC and O&M, Vikram Solar, shared on the occasion, “Vikram Solar has had a long-standing business relationship with NTPC. Previously, we have executed 50 MW solar plant projects in Mandsaur, Madhya Pradesh and 130 MW solar projects in Bhadla, Rajasthan for NTPC. It is projects like these that demonstrate the trust in Vikram Solar’s project management and execution skills.” With a proven track record of handling large utility-scale projects (200 MW for APGENCO in Andhra Pradesh, 130 MW for NTPC at Bhadla-Rajasthan, 80 MW for GIPCL at Charanka- Gujarat and with on-going projects of 225 MW for NTPC at Bilhaur, UP) ), Vikram Solar has established itself as a big-league EPC player in the Solar Power Industry in the country.

In the distributed solar power market Vikram has been an established player with several airport installations (Calicut, Kolkata, Kochi, Dibrugarh, Gaya, and Gondia). Vikram Solar is contributing to the growth of the Indian solar revolution. The company has served clients like- NTPC, WBSDCL, GIPCL, BEL, BHEL, ISRO, IOCL, SBI, APGENCO, IMFA, Century Ply.

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