Overview
- L&T Construction selected Vikram Solar to supply 336 MW of high-efficiency modules for the Khavda Renewable Energy Park in Gujarat.
- The company will deliver N-type Hypersol G12R panels, which it touts for up to 80% bifaciality, improved high-temperature performance, and 0.4% annual degradation.
- Vikram Solar’s stock rose about 7% in early trading after the disclosure, with prices still below initial post-listing levels reported on August 26.
- The new deal follows a 326 MW May award from GIPCL at the same park, adding to the company’s Khavda order book.
- Vikram Solar reports 4.5 GW of production capacity, operations across 39 countries, and recognition in PVEL’s 2025 scorecard and BloombergNEF’s Tier-1 list.