Vikran Engineering bags ₹2,035 crore EPC order for 600 MW solar project
Published on 23/12/2025 06:53 PM
Vikran Engineering bags ₹2,035 crore EPC order for 600 MW solar projectVikran Engineering has secured a ₹2,035 crore EPC contract from Onix Renewables for a 600 MW solar power project across multiple locations in Maharashtra.By Sheersh Kapoor December 23, 2025, 6:53:54 PM IST (Published)1 Min ReadVikran Engineering Limited on Tuesday announced that it has received a major work order worth ₹2,035.26 crore from Onix Renewables Limited for the development of a 600 MW AC solar power project.
The contract involves turnkey EPC works, including design, engineering, procurement, supply, erection, testing and commissioning of the solar plants across multiple locations in Maharashtra. The order also includes the supply of solar PV modules and inverters.
According to the company’s regulatory filing, the project is to be executed within a period of 12 months. The order value stands at ₹2,035.26 crore excluding GST, and approximately ₹2,216.4 crore including applicable taxes.
Vikran Engineering clarified that the contract does not fall under related-party transactions, and neither the promoter nor promoter group has any interest in the awarding entity.
Ahead of the announcement, shares of Vikran Engineering closed at ₹86.65 on the NSE, down 3.42%.Continue ReadingTagsorder winshare market todaySolar Powersolar power projectsVikran Engineering