Vikram Solar Limited Appoints Sameer Nagpal as CEO

Vikram Solar Limited, one of India’s leading integrated solar manufacturing and energy solutions providers, has announced the appointment of Sameer Nagpal as its Chief Executive Officer (CEO), effective immediately.

Nagpal brings over three decades of leadership experience across multiple industries, with a track record of driving transformation, accelerating growth, and delivering sustained value creation. He has previously held key leadership roles at Livguard Energy Technologies, Dalmia Bharat Group, Shalimar Paints, Ingersoll Rand, Zicom and Carrier Air Conditioning.

His appointment comes at a time when Vikram Solar is advancing its strategic vision to deepen backward integration, expand manufacturing capabilities, and strengthen its position in the global renewable energy market.

The company has outlined an ambitious growth roadmap, targeting 15.5 GW of module manufacturing capacity and 12 GW of cell manufacturing capacity through backward integration. Additionally, Vikram Solar is expanding into energy storage, with plans for 5 GWh BESS module manufacturing and 7.5 GWh battery cell manufacturing, along with future scalability.

Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar Limited, said “The energy transition is at a defining moment, where scale, integration, and agility will separate the leaders from the rest. . Sameer brings a rare combination of transformation-led thinking and execution excellence, which will be critical as we evolve into a more integrated and globally competitive organisation. His leadership will help us not only strengthen our capabilities but also reimagine how we create sustainable value in an increasingly dynamic energy landscape.”

On his appointment, Nagpal said “I am excited to join Vikram Solar at a time when the global energy landscape is undergoing a fundamental shift, creating opportunities for companies that can combine scale with agility and innovation. Vikram Solar has built a strong platform to participate meaningfully in this transition. As we move forward, our focus will be on strengthening our market position, expanding our global footprint, and enhancing our integrated capabilities to better serve evolving customer and market needs. I look forward to leading the organisation in its next phase of growth and contributing to a more sustainable energy future.”

Nagpal succeeds Krishna Kumar Maskara, who served as Interim CEO and played a key role in steering the company through a critical growth phase, including its successful public listing in August 2025. Maskara will now take on the roles of Chief Operating Officer (COO) and Chief Risk Officer (CRO), where he will oversee operational excellence across manufacturing and delivery, while also leading the enterprise risk management framework.