Vikran Engineering Ltd (VEL) today announced that it has received a major work order worth INR 2,035.26 crore from Onix Renewables Ltd, a special purpose vehicle (SPV), for the development of 600 MW AC solar power projects across multiple locations in the state of Maharashtra.
The work order, dated December 22, 2025, entails execution of the project on a turnkey EPC basis, covering end-to-end activities including design, engineering, procurement, supply, erection, testing, and commissioning. The scope of work also includes the supply of key components such as solar PV modules and inverters. The project is expected to be completed within a 12-month timeline.
This order win significantly enhances Vikran Engineering’s renewable energy portfolio and complements its established presence across power transmission and distribution, water infrastructure, and railway electrification.
Vikran Engineering is a diversified EPC player with expertise across power transmission & distribution, water infrastructure, and railway electrification, supported by emerging capabilities in solar EPC and smart metering. The company provides end-to-end turnkey solutions spanning conceptualization, design, supply, installation, testing, and commissioning.
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