September 24, 2016 6:24 PM ET

Semiconductors and Semiconductor Equipment

Company Overview of Vikram Solar Pvt. Ltd.

Company Overview

Vikram Solar Pvt. Ltd. manufactures photovoltaic (PV) modules, lighting systems, and power racks for commercial and residential projects. It also offers operations and maintenance services to third party PV system owners, operators, and original equipment manufacturers. The company provides its products for applications in homes, hospitals, offices, stores, banks, community halls, and educational institutions in India and internationally. It offers its products through distributors. The company was incorporated in 2005 and is based in Kolkata, India. Vikram Solar Pvt. Ltd. operates as a subsidiary of Vikram India Ltd.

The Chambers

8th Floor

1865, Rajdanga Main Road

Kolkata,  700107

India

Founded in 2005

Phone:

91 33 2442 7299

Fax:

91 33 2442 0125

Key Executives for Vikram Solar Pvt. Ltd.

Chief Executive Officer, Managing Director and Director
President and Chief Technical Officer
Director of Finance
Executive Director of Operations
President of International Operations
Age: 46
Compensation as of Fiscal Year 2016.

Vikram Solar Pvt. Ltd. Key Developments

Vikram Solar Seeking To Sell Shares

Vikram Solar Pvt. Ltd is considering selling shares to private equity firms and the public to raise INR 10 billion to quadruple its production capacity to 2000MW in the next four years, Managing Director and Chief Executive Officer, Gyanesh Chaudhary said. "We plan to tap various sources of funds including private equity. We will not shy away from capital markets either" said Joy Saxena, Executive Director-finance.

Vikram Solar Names Narasimhachari Kannan as Executive Director- Operations

Vikram Solar has appointed Narasimhachari Kannan as the company's executive director- operations. In his new role, Kannan will assume responsibility for strengthening entire operations for the company. Kannan comes with over 34 years of experience in leading organizations, business development, project execution, team management, operations, systems and process design and implementation, financial discipline, and risk management skills in power and energy sector. He has held top management and business head positions in developed and emerging markets across transnational and multinational organizations such as Shapoorji Pallonji, Punj Llyod, ABB.

Vikram Solar Receives Engineering, Procurement and Construction Contract for 130 MW Competitive Solar Power Auction in Rajasthan State

Vikram Solar announced that the company has awarded a contract for engineering, procurement and construction (EPC) for 130 MW competitive solar power auction in Rajasthan state. The solar module maker and plant builder has won two 65-MW projects at INR 56.28 million per MW. The solar plants that will be built by the three parties will form part of the Bhadla solar park. NTPC will develop and finance all projects.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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