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Vikran Engineering bags LoA worth Rs 1,641.91 crore

11 Nov 2025 Evaluate

Vikran Engineering has received Letter of Award (LoA) worth Rs 1,641.91 crore (plus applicable GST) from Carbonminus Maharashtra One (SPV). The LoA is for the engineering, procurement and commissioning (EPC) contract with the scope of design, engineering, supply, erection, testing and commissioning of 505 MW (AC) Capacity Crystalline Ground Mounted Solar PV Technology Grid Interactive Solar PV Power Plants under Maharashtra State Electricity Distribution Company (MSEDCL) LIS scheme at various districts in Maharashtra. The contract is to be executed within 11 months.

Vikran Engineering is an EPC Company offering a wide range of integrated end to end services including infrastructures project, power transmission and distribution, Extra High Voltage (EHV) substation and water infrastructure including design, supply, civil works, construction, testing and commissioning.

Peers
Company Name CMP
Larsen & Toubro 3915.00
Kalpataru Projects 1435.05
NCC 141.00
Rail Vikas Nigam 205.00
KEC International 406.45
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