Vikram Solar to Invest INR 15,037 Crore in Tamil Nadu BESS Manufacturing Facility

Vikram Solar has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to set up a Battery Energy Storage System (BESS) manufacturing facility at the SIPCOT Industrial Park in Gangaikondan, Tirunelveli district, with a proposed investment of INR 15,037 crore.

The project is expected to generate 2,670 employment opportunities and marks one of the state’s largest investments in advanced energy storage manufacturing. The MoU was signed in the presence of Tamil Nadu Chief Minister S. Joseph Vijay during an event organised by the state’s Department of Industries, Investment Promotion and Commerce.

According to the state government, the proposed facility will manufacture Battery Energy Storage Systems (BESS), strengthening Tamil Nadu’s position as a key manufacturing hub for clean energy technologies while supporting India’s growing energy storage ecosystem.

The announcement builds on Vikram Solar’s existing manufacturing footprint in Tamil Nadu. The company already operates solar PV module manufacturing facilities at Oragadam and Vallam and has also established an integrated manufacturing complex for solar cells and modules at Gangaikondan in Tirunelveli district. The new BESS facility is expected to expand the company’s clean energy manufacturing portfolio in the state.