Vikram Solar has announced Sameer Nagpal as the Group CEO, while Krishna Kumar Maskara moves from Interim CEO to COO and Chief Risk Officer
Nagpal has held senior roles at companies such as Carrier Corporation, Trane Technologies, Shalimar Paints, Dalmia Bharat Refractories, and, most recently, at Livguard
His experience aligns with Vikram Solar’s expansion strategy as it forays into battery energy storage, planning 5 GWh BESS module and 7.5 GWh battery cell manufacturing capacity
Vikram Solar Limited, the Indian solar PV manufacturer, has appointed Sameer Nagpal as the group’s new Chief Executive Officer (CEO) with effect from March 20, 2026. He has taken over from Interim CEO Krishna Kumar Maskara, who has now been announced as the company’s new Chief Operating Officer (COO) and Chief Risk Officer (CRO).
Nagpal brings his leadership experience spanning various industries to Vikram Solar. He has worked in senior roles with companies including Carrier Corporation, Trane Technologies (formerly Ingersoll Rand), Shalimar Paints, and Dalmia Bharat Refractories, among others.
Till recently, Nagpal worked as the CEO and Managing Director of Livguard, an energy storage solutions provider for inverters and batteries.
He joins Vikram Solar at a time when the solar PV manufacturer is expanding into energy storage with plans for 5 GWh battery energy storage systems (BESS) module manufacturing and 7.5 GWh battery cell manufacturing. Recently, its battery and energy storage arm, PowerHive, launched a lithium battery storage brand for residential backup and electric mobility called VION (see Global Battery Storage News Snippets).
This is a business diversification for Vikram Solar, which targets 15.5 GW of module manufacturing and 12 GW of cell manufacturing by FY2027. At the end of December 2025, its cumulative installed PV manufacturing capacity had reached 9.5 GW (see Vikram Solar Q3 FY26 Revenue Up 8% On Higher Module Sales).
Vikram Solar Chairman and Managing Director Gyanesh Chaudhary said, “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 organization.”
“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,” stated Nagpal.
Vikram Solar also announced the resignation of Anil Bhadauria from the position of Executive Vice President & Head of Manufacturing Operations with effect from May 31, 2026.
