Vikram Solar Signs 130 MW Solar Cell Supply Agreement with Evervolt Technology
Vikram Solar Limited has entered into a significant Solar Cell Supply Agreement, securing the procurement of Mono-PERC 10BB DCR compliant solar cells. The deal was finalized on July 8, 2026, with Evervolt Solar Technology India Private Limited (formerly CETC Renewable Energy Technology India Pvt. Ltd.).The agreement is designed to meet Vikram Solar’s domestic module manufacturing requirements by sourcing the specified high-quality components. This strategic partnership provides a reliable supply stream of solar cells needed for the company's production operations over the coming months.
As per the terms of the contract, the total size of the procurement stands at 130 MW. The supply period outlined in the agreement will run from July 2026 through March 2027.
The Solar Cell Supply Agreement details confirmed that no special rights, such as those relating to director appointments or restrictions on capital structure changes, are involved for either party. Furthermore, the transaction has been classified as an arm’s length deal and does not constitute a related party transaction between the parties.
Key commercial terms of the agreement are summarized in the table below:
| Particular | Detail |
|---|---|
| Partner | Evervolt Solar Technology India Private Limited (formerly CETC Renewable Energy Technology India Pvt. Ltd.) |
| Purpose | To procure Mono-PERC 10BB DCR compliant crystalline solar cells. |
| Agreement Size | 130 MW |
| Supply Period | July 2026 to March 2027 |
| Special Rights Involved | None (No rights regarding director appointment or share subscription are involved). |
VIKRAMSOLR Stock Price Movement
Today, Vikram Solar Limited saw its stock climb, settling at ₹193.26 after posting a 5.64% gain in pre-market activity. The equity traded within an intraday range of ₹184.69 to ₹194.49, as approximately 5.92 million shares were exchanged today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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