Vikram Solar to supply 378.75 MW of solar modules to Indian Oil NTPC Green Energy Pvt Ltd

Vikram Solar's agreement to supply 378.75 MW of n-type TOPCon solar modules to Indian Oil NTPC Green Energy Pvt Ltd (INGEL) represents a significant development in India's renewable energy sector. The modules will be deployed in a 600 MW solar project in Gujarat, indicating a substantial investment in solar infrastructure. This supply agreement underscores the growing collaboration between established energy players like Indian Oil and NTPC, through their joint venture, to expand their renewable energy portfolios. The deal also highlights Vikram Solar's position as a key module supplier in the Indian market, particularly for advanced n-type TOPCon technology. The deployment of n-type TOPCon modules is noteworthy as it reflects a move towards higher efficiency solar technologies in India. While the financial details of the agreement remain undisclosed, the scale of the module supply suggests a considerable investment. This deal contributes to India's ambitious renewable energy targets and demonstrates the increasing adoption of solar power as a viable energy source. The project's location in Gujarat, a state with favorable solar resources, further enhances its strategic importance.