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Vikram Solar

Solar manufacturer wants customs duty waiver to domestic sales by SEZ units

Domestic sales by manufacturing units located within special economic zones (SEZs) are treated as exports, attracting customs duty levy. This puts the SEZ manufacturers at a disadvantage compared to those in the domestic tariff area.

Union budget: Customs duty rise for solar inverters but modules spared

Imported solar inverters and lanterns will get costlier, as the union budget for the next fiscal year has proposed customs duty increases from 5%, for both items, to 20% and 15%, respectively. The budget, which also incentivizes Indian manufacturing of solar project components whilst giving a helping hand to raw materials, makes no mention of solar cells or panels.

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Vikram Solar commissions 140 MW PV project for NTPC 

The EPC contractor said it is the largest solar plant by capacity commissioned so far in the state of Uttar Pradesh. The plant is estimated to generate 319 million units of electricity per year, which is enough to power 1,45,662 houses annually. 

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Budget expectations for solar manufacturing

The government should consider offering a 50% capital subsidy for setting up R&D and quality testing infrastructure within the manufacturing units and a 200% super-deduction for the R&D expenditure on new and clean solar technology development. Simultaneously, it should look at implementing tariff barriers on imports for at least four-five years.

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Vikram Solar launches 505W modules with M6 wafer

The Indian manufacturer has unveiled Series 6 mono-PERC modules in 120, 144, and 156 half-cell versions with claimed efficiency between 18.34% and 21.02%.

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Vikram Solar module factory gets a rooftop PV plant

The 919.73 kWp captive solar plant at the module manufacturer’s Falta unit in West Bengal uses multiple PV technology advancements, including its own SOMERA monocrystalline, half-cut and full-cut cell panels. 

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Vikram Solar plans 3 GW solar factory in Tamil Nadu

The engineering, procurement and construction services contractor – which has a 1.2 GW module production facility near Kolkata – will establish a wafer, cell and module manufacturing site in Tamil Nadu under a five-year timescale.

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Legal loophole protecting imported panels from subsequent duties discriminates against Indian products, say manufacturers

Indian solar manufacturers have cried foul over a system which exempts imported panels from yet-to-be-announced tax regimes but offers no such protection to domestic products.

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Solar manufacturers in SEZs say customs duty will be counterproductive

Module manufacturers in special economic zones would be at a disadvantage when selling in the domestic market as they would be required to pay basic customs duty on the value of solar modules.

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Vikram Solar ranked ‘Top Performer’ module manufacturer again

The Kolkata-based manufacturer’s Somera monocrystalline silicon and Eldora polycrystalline silicon PV modules met and exceeded international quality and performance benchmarks in assessments by PV Evolution Labs.

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