Vikram Solar Ltd. (VSL) is among India's largest solar PV module manufacturers with 4.50 GW of installed capacity and 17+ years of industry experience as of Mar'25. 2.85 GW of capacity is listed under MNRE's ALMM (Ministry of New & Renewable Energy's Approved List of Modules and Manufacturers) (June'25). To meet rising demand, Vikram Solar is expanding its solar PV module manufacturing capacity to 15.50 GW by FY26 and 20.50 GW by FY27 through greenfield and brownfield projects. The company is also entering solar cell production with two units totaling 12 GW in Tamil Nadu by FY27. Additionally, it...