Vikram Solar Limited, a solar energy solutions provider, announced the appointment of Narayan Lodha as its Chief Financial Officer (CFO), effective April 8, 2024. This appointment strengthens Vikram Solars leadership team as the company focuses on expanding its operations and developing innovative solutions in the renewable energy sector. Lodha is a veteran financial expert with over 20 years of experience in various reputed organizations, including True North, Indian Energy Exchange, Ravindra Energy Limited, and Bhilwara Energy Limited. His expertise as a Chartered Accountant and Company Secretary will be valuable in achieving Vikram Solars long-term financial goals and maintaining a competitive edge. Lodhas responsibilities will include overseeing financial planning and analysis, budgeting, treasury management, risk assessment, and corporate finance. The company expects his leadership to contribute to improved financial efficiency and the identification of new growth opportunities.

Narayan Lodha Takes Helm as Chief Financial Officer at Vikram Solar

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- Narayan is currently the Chief Financial Officer at Vikram Solar since April 2024.
- Previously, he held the same position at Inox Wind Ltd from January 2019 to March 2024.
- Before that, he was a Proprietor at N Lodha & Associates from December 2016 to January 2019.
- He also served as the Chief Financial Officer at Ravindra Energy Limited from November 2015 to November 2016.
- Prior to that, he was the Chief Financial Officer at Bhilwara Energy Ltd for 2 years and 11 months, from January 2013 to November 2015.
- Earlier, he worked as a GM Finance & Company Secretary at AD Hydro Power Company Ltd, Malana Power Company Limited, JV of BEL and Statkraft from January 2013 to October 2015.
- He was an Assistant Vice President at Akshayini Oorja Pvt. Ltd from March 2010 to December 2012.
- Before that, he served as a General Manager at ACME Telepower Ltd from February 2009 to February 2010.
- He held the position of Asst. Vice President (Fin & Acct.) at Indian Energy Exchange Ltd from February 2008 to January 2009.
- Narayan was the Finance Head and CFO at Him Urja Private Limited from March 2002 to January 2008.
- From November 2000 to February 2002, he worked as an Audit Manager at Sanjay Bhuwania and Associates.
- He obtained his Chartered Accountant qualification from The Institute of Chartered Accountants of India between 1997 and 2001.
- He also completed his Company Secretary qualification from The Institute of Company Secretaries of India between 2008 and 2011.

Vikram Solar, a player in the solar energy sector has appointed Sabyasachi Biswas as Senior Vice-President for Digital Transformation. In his role, he will do the strategic implementation of digital initiatives within the organisation. With over two decades of experience, Biswas has demonstrated remarkable leadership in key markets worldwide, including the USA, Europe, China, Australia, and India. He has excelled in cultivating expertise in leading software solutions such as SAP, Oracle, Microsoft, as well as cutting-edge technologies in Data, Artificial Intelligence, and Automation. Prior to joining Vikram Solar, Biswas held a distinguished position at IBM, where he served as the Global Leader of the Automation Center of Excellence (CoE), overseeing solutions and delivery for IBM Consulting. His extensive professional background also encompasses valuable contributions at well-established organisations like PwC and HPCL. Sabyasachi holds a bachelors degree in electrical engineering from Jadavpur University and has completed the Executive Leadership Programme at Cornell University. Gyanesh Chaudhary, CMD at Vikram Solar Ltd., "We are pleased to welcome Sabyasachi Biswas (Sabby) in our team. His extensive experience in the global arena and his deep understanding of digital transformation will undoubtedly accelerate our progress in delivering sustainable solar solutions to the world." Biswas appointment marks a significant milestone in Vikram Solars journey towards embracing the digital age. With his leadership, the company is poised to leverage the power of technology to drive innovation, enhance operational efficiency, and create a more sustainable future. Commenting on his appointment, Biswas said, "I am thrilled to be a part of Vikram Solar, a company at the forefront of renewable energy innovation. Vikram Solars commitment to sustainability aligns perfectly with my passion for leveraging technology to drive positive change. I look forward to working with the talented team here to lead our digital transformation efforts and contribute to the companys growth, enabling us to make a significant impact on the global renewable energy landscape."

Vikram Solar Appoints New Senior Vice President of Digital Transformation

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<h1>Vikram Solar Appoints Ivan Saha As New CEO.</h1><div> Vikram Solar appointed Ivan Saha as the new Chief Executive Officer (CEO) of the company. Sahas appointment is aligned to the companys strategic expansion plans and sustainable business development. He holds a Bachelors degree in Science (ceramic technology) from the University of Calcutta, and a Masters degree in Technology (materials science) from the Indian Institute of Technology (IIT), Kanpur. Prior to joining our Company, he was associated with ReNew Power Private Limited as Chief Technology Officer (CTO). He has experience in technology and operations roles across organisations such as the IIT Kanpur, Indian Space Research Organisation (ISRO) and Moser Baer Photo Voltaic Limited. He had also previously worked at Vikram Solar between 2013 - 2020 as the President and Chief Technical Officer (CTO). Speaking about the CEOs appointment, Gyanesh Chaudhary, Vice Chairman and Managing Director, Vikram Solar said, "I am extremely happy to welcome him back. Ivans extensive hands-on experience has earned him a unique perspective in the solar sector. We believe the Indian solar industry is at an inflection point with favourable government policies to boost domestic manufacturing. We look forward to a period of immense opportunities and growth both in the domestic and international solar energy markets. With Ivans strong track record, business and technical knowledge, and in-depth experience in renewable energy sector, Vikram Solar will immensely benefit under his leadership in our next phase of expansion." Ivan Saha, Chief Executive Officer, Vikram Solar, shared "I am excited to re-join and build on Vikram Solars rich legacy of innovation and technology to set new benchmarks. It will be my special endeavour to maintain market leadership through strategic expansion in solar PV manufacturing, and further expand in international markets. While doing so, we will continue to focus on developing new and innovative products and services, and aim to achieve cost leadership. It goes without saying that Vikram Solar will enhance its commitment to society and build a sustainable business along the way."</div>

Vikram Solar | Ivan Saha | Chief Executive Officer | ASIAPAC

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Vikram Solar, one of India’s largest module manufacturers, in terms of operational capacity, producing solar photo-voltaic modules, and are also an integrated solar energy solutions provider offering EPC services, and O&M services to our customers. We strive to deliver reliable solar solutions through innovative products, and we achieve this through our specialized high efficiency PV module manufacturing, comprehensive EPC solutions and O&M services. We have been operating in the business of solar PV module technologies for the last 12 years, during which time we have developed strong engineering capabilities in producing high efficiency PV modules. We have also expanded our global footprint through sales offices in the United States of America, Germany and a procurement office in China and have supplied solar PV modules to customers in 32 countries. We have a cumulative annual rated production capacity of 2.5 GW across our factories located at Falta SEZ, Kolkata, West Bengal and at Oragadam in Chennai, Tamil Nadu. The company is India’s 1st entrant in the PVEL Module Reliability Scorecard in 2017 and is a 5 times Top Performer being the only Indian solar company having listed products with half-cut cell, multi busbar modules reaching 500W. www.vikramsolar.com\

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Narayan Lodha Takes Helm as Chief Financial Officer at Vikram Solar