PV module manufacturer Vikram Solar has entered into a strategic domestic cell procurement agreement with Jupiter International Ltd to source 2 GW of crystalline solar cells.
Under the agreement, Vikram Solar will procure high-efficiency TOPCon and mono PERC solar cells from Jupiter International. The cells, aggregating 2 GW of capacity, comply with the requirements of the Approved List of Models and Manufacturers (ALMM) issued by the Ministry of New and Renewable Energy (MNRE).
The order is valued at around INR 2,000 crore.
Vikram Solar currently has an annual module manufacturing capacity of 9.5 GW across its production facilities in West Bengal and Tamil Nadu.
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