Vikram Solar Ltd has appointed Sameer Nagpal as its chief executive officer (CEO), effective immediately.
Sameer Nagpal brings over three decades of leadership experience across diverse industries, having held key roles at Livguard Energy Technologies, Dalmia Bharat Group, Shalimar Paints, Ingersoll Rand, Zicom and Carrier Air Conditioning. He will lead Vikram Solar through its next phase of growth as it pursues its strategic roadmap to deepen backward integration, scale manufacturing capacity, and strengthen its position in the global renewable energy market.
Vikram Solar has outlined an ambitious growth roadmap to become a fully integrated energy solutions provider, targeting 15.5 GW of module manufacturing capacity, along with 12 GW of cell manufacturing capacity through backward integration. In parallel, it is expanding into energy storage with plans for 5 GWh BESS module manufacturing and 7.5 GWh battery cell manufacturing, with further scalability in the future.
“The energy transition is at a defining moment, where scale, integration, and agility will separate the leaders from the rest,” said Gyanesh Chaudhary, chairman & managing director, Vikram Solar Ltd. “Sameer brings a rare combination of transformation-led thinking and execution excellence, which will be critical as we evolve into a more integrated and globally competitive organisation. His leadership will help us not only strengthen our capabilities but also reimagine how we create sustainable value in an increasingly dynamic energy landscape.”
On his appointment, Sameer Nagpal, CEO, Vikram Solar, said: “I am excited to join Vikram Solar at a time when the global energy landscape is undergoing a fundamental shift, creating opportunities for companies that can combine scale with agility and innovation. Vikram Solar has built a strong platform to participate meaningfully in this transition. As we move forward, our focus will be on strengthening our market position, expanding our global footprint, and enhancing our integrated capabilities to better serve evolving customer and market needs.”
Sameer succeeds Krishna Kumar Maskara, who served as Interim CEO and played an instrumental role in steering the company through a critical phase of growth, including the successful public listing in August 2025. Maskara will now serve as chief operating officer (COO) and chief risk officer (CRO), leading operational excellence across manufacturing and delivery while providing independent oversight of the enterprise risk management framework.
Headquartered in Kolkata, West Bengal, Vikram Solar is one of the largest PV module manufacturers in India with cumulative production capacity of 9.5 GW. It is a ‘Top Performer’ in PVEL’s PV Module Reliability scorecard and has been included in the Tier 1 solar PV modules manufacturer list of Bloomberg NEF for eight consecutive quarters.
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