Vikram Solar Share Price in Focus; 9 GW Solar Cell Plant Targets December 2026 Start

Vikram Solar’s new solar cell plant in Gangaikondan, Tamil Nadu, remains on schedule to start production in December 2026. The facility is designed for 9 GW of N-type TOPCon solar cells.
The company plans to bring the full capacity online in phases after production begins. The project is a key step in its plan to manufacture more of the components used in its solar modules.
From Solar Modules to Cells
Solar cells are a major part of a panel, and Vikram Solar says the new plant will help reduce its reliance on imported cells. Once operating at full capacity, it is expected to supply cells for most of the company’s module production.
The site already has a 6 GW module plant, inaugurated in August 2026. Vikram Solar also plans to expand the cell facility’s capacity to 12 GW.
More Manufacturing Planned at the Site
The company’s longer-term plan includes a 9 GW ingot and wafer facility, which has board approval and is targeted for FY29. If completed, the integrated campus will bring ingots, wafers, cells and modules together at one location.
The nearly 200-acre site is expected to support more than 2,000 direct and indirect jobs, according to the company.
About Vikram Solar
Vikram Solar is an Indian solar photovoltaic module manufacturer headquartered in Kolkata, West Bengal. It serves customers in India and international markets.
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Vikram Solar Share Price Performance
As of October 23, 2026, at 12:18 PM, Vikram Solar share price was trading at ₹127.50 per share, reflecting a 3.07% decline from the previous closing price.
Conclusion
The December production target marks the next stage of Vikram Solar’s manufacturing expansion. The company plans to build out the facility in phases, with further integration planned at Gangaikondan.
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Published on: Oct 23, 2026, 2:10 PM IST

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