Vikran Engineering Secures Rs 2,035 Crore EPC Order for 600 MW Solar Power Projects in Maharashtra
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TL;DR
Vikran Engineering's stock surged 15% after winning a Rs 2,035 crore EPC contract from Onix Renewables for a 600 MW solar project in Maharashtra, to be completed in 12 months, enhancing its renewable energy portfolio.
Vikran Engineering shares rallied 15% to hit a high of Rs 99.80 on the BSE after securing a Rs 2,035 crore EPC order from Onix Renewables Limited for a 600 MW AC solar power project in Maharashtra. The project is scheduled to be completed within 12 months. The order win boosts the company's renewable energy portfolio and aligns with its strategy of scaling participation in complex infrastructure projects.
