Deals Counterparts

Vikram Solar secures order from AB Energia Solutions for 200 MW of solar modules

Supply Agreement Solar announced Kolkata Feb 23, 2026
USD220.4B
Deal Value
200 MW
Capacity

Vikram Solar secured an order from AB Energia Solutions for the supply of 200 MW of solar modules, valued at approximately ₹2.73 billion (~$30.08 million). The agreement will see the modules deployed across Maharashtra, Madhya Pradesh, and Gujarat.

Deal Analysis

Vikram Solar's securing of a 200 MW solar module supply order from AB Energia Solutions, valued at approximately ₹2.73 billion (~$30.08 million), represents a significant transaction in the Indian solar energy market. The modules are slated for deployment across Maharashtra, Madhya Pradesh, and Gujarat, indicating a geographically diverse application. This deal underscores Vikram Solar's position as a key player in the solar module manufacturing space and highlights AB Energia Solutions' commitment to expanding its solar energy projects across multiple states in India. The size of the order, 200 MW, is substantial and suggests a significant project pipeline for AB Energia Solutions. The involvement of Vikram Solar, a well-established solar energy solutions provider known for its high-efficiency PV module manufacturing, lends credibility to the project. This agreement is indicative of the continued growth and investment in solar energy infrastructure within India, driven by increasing demand for renewable energy sources and supportive government policies.
  • 200 MW solar module supply agreement.
  • Valued at approximately ₹2.73 billion (~$30.08 million).
  • Vikram Solar is a key player in the solar module manufacturing space.
  • Modules to be deployed across Maharashtra, Madhya Pradesh, and Gujarat.
Market Context: The Indian solar energy market is experiencing rapid growth, driven by government initiatives and increasing demand for renewable energy. Deals like this one contribute to the expansion of solar infrastructure across the country.

Source Intelligence

KEY DETAILS

The procurement will comprise high-efficiency Tunnel Oxide Passivated Contact (TOPCon) and Monocrystalline Passivated Emitter and Rear Cell (mono PERC) solar cells. "The procurement will comprise high-efficiency Tunnel Oxide Passivated Contact (TOPCon) and Monocrystalline Passivated Emitter and Rear Cell (mono PERC) solar cells."

Deal Size
The contract has been valued at approximately ₹20 billion (~$220.43 million).
Capacity
Vikram Solar to Procure 2 GW of Crystalline Solar Cells from Jupiter International
Location
Kolkata-based solar module manufacturer Vikram Solar
Announcement
February 23, 2026
PARTIES MENTIONED IN SOURCE
V
Vikram Solar buyer

"Vikram Solar to Procure 2 GW of Crystalline Solar Cells from Jupiter International"

J
Jupiter International seller

"Vikram Solar to Procure 2 GW of Crystalline Solar Cells from Jupiter International"

high quality Enriched Feb 23, 2026

Timeline

Announced
Feb 23, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector.
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