Vikram Solar Secures 250 MW Solar Module Order

Vikram Solar has won a 250 MW solar module supply order from Bondada Group for a Maharashtra project, reinforcing India’s renewable energy push.

On 5 August 2025, Vikram Solar, a leading Indian solar PV module manufacturer, secured a 250 MW order from Bondada Group for a project in Maharashtra. Deliveries of high-efficiency N-Type solar modules, known for superior performance, are set to begin in FY 2025–26. The deal, though undisclosed in value, strengthens Vikram Solar’s position on India’s Approved List of Models and Manufacturers (ALMM) and supports Maharashtra’s renewable energy goals.

The project aligns with India’s target of 500 GW renewable capacity by 2030, with solar power contributing 280 GW. Maharashtra, a key industrial state, aims to add 22 GW of solar capacity by 2026 to meet rising energy demands. Vikram Solar’s 4.5 GW production capacity in FY 2025 positions it to meet growing domestic and export needs. The N-Type modules, offering up to 22% efficiency, will reduce carbon emissions and enhance energy output for the Bondada project.

Bondada Group, with over 3 GW of projects, benefits from Vikram Solar’s reliable supply chain. The collaboration reflects India’s push for local manufacturing under the Make in India initiative, reducing reliance on imported solar components. However, challenges like high land costs and grid integration issues could delay large-scale solar projects. Government incentives, such as production-linked subsidies, are critical to scaling domestic production.

Public sentiment on X highlights optimism about India’s renewable expansion, with projects like the 48 GW inter-state transmission network supporting solar growth. Vikram Solar’s order underscores its role in driving technological innovation, though ensuring timely delivery and grid connectivity remains key to project success.

In conclusion, Vikram Solar’s 250 MW order from Bondada Group advances Maharashtra’s clean energy ambitions. Continued investment in solar infrastructure and policy support will be vital to sustaining India’s renewable energy momentum.

Source: Outlook Business