Vikram Solar share price jumps 8% on bagging order from L&T for Khavda Renewable Energy Park
Vikram Solar share price jumped by 8% during Monday’s trading session following the announcement that the solar photovoltaic (PV) module manufacturer has received a significant contract from L&T Construction to provide 336 MW of high-efficiency solar modules for use at the Khavda Renewable Energy Park in Gujarat. Under this agreement, Vikram Solar will deliver its cutting-edge Hypersol G12R modules, which utilize N-type technology.
The company stated in its exchange filing that the latest module from Vikram Solar demonstrates enhanced bifaciality (up to 80%), improved performance in high temperatures, and minimal degradation year-on-year. The adoption of G12R Modules will improve the efficiency of the Balance-of-System (BOS) and contribute to reducing the Levelized Cost of Energy (LCOE), thus making it more affordable and widely available.
