| Solar PV Module Manufacturing | Manufacture and sale of high-efficiency solar photovoltaic modules with advanced cell technologies. | Strong brand, Tier 1 bankability, large manufacturing scale, technology leadership, and strategic factory locations. | Primarily B2B and B2G segments including IPPs, government bodies, EPC partners. | Advanced N-Type and bifacial modules with higher efficiency and premium pricing. | 3200 | 93 | Direct sales to utilities, commercial & industrial clients, EPC contractors, and export markets. | Sales based on contract pricing, competitive bids, and volume agreements. | Rising solar installations, government policies, ALMM standards, and technology innovation. | Vikram Solar Monocrystalline and Polycrystalline Modules, Hypersol Pro N-Type Modules |
| Engineering, Procurement and Construction (EPC) Services | Turnkey solar project design, engineering, procurement, construction, and commissioning services. | Integrated offering complementing manufacturing; dedicated project execution teams. | Government agencies, private utilities, commercial & industrial customers. | Large government contracts for utility-scale solar plants. | 150 | 4 | Project-based revenue recognized on contract completion milestones. | Fixed-price contracts negotiated per project scope and scale. | Government solar missions, demand for integrated solutions and turnkey project delivery. | Vikram Solar EPC Solutions |
| Operations and Maintenance (O&M) Services | Operation and maintenance contracts for solar power plants ensuring performance and uptime. | Strong relationships from EPC and manufacturing businesses enable bundled service offerings. | Solar power plant owners, utilities, and EPC clients. | Long-term O&M contracts with established customers. | 73 | 3 | Recurring service contracts and fee-based income over project lifespan. | Annual or multi-year recurring contracts with service level agreements. | Growing installed solar capacity and need for optimal plant performance. | Vikram Solar O&M Services |
