Vikran Engineering Bags ₹459.20 Crore EPC Contract from NTPC Renewable Energy
Vikran Engineering Limited has announced the receipt of a Notification of Award of Contract from NTPC Renewable Energy Limited for an Engineering, Procurement, and Construction (EPC) project. The cont...
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Why is Vikran Engineering Limited in the news today?
Vikran Engineering Limited (VIKRAN) is in the news due to the company has secured a significant new order, which is a positive development for its business.
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Vikran Engineering Bags ₹459.20 Crore EPC Contract from NTPC Renewable Energy
December 25, 2025, 07:11 AM
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Vikran Engineering Limited has announced the receipt of a Notification of Award of Contract from NTPC Renewable Energy Limited for an Engineering, Procurement, and Construction (EPC) project. The contract, valued at ₹459.20 Crores (excluding GST), pertains to the balance of system for a 400 MW AC solar project located in Chitrakoot-1, Uttar Pradesh.
The award signifies a significant new order for Vikran Engineering. The scope of work includes inland transportation, insurance, installation, testing, commissioning, and guarantee tests for the solar project. This contract is to be executed within a period of 12 months from the award date.
The entity awarding the contract, NTPC Renewable Energy Limited, is a domestic entity. Vikran Engineering Limited has confirmed that neither the promoter nor any promoter group or group companies have any interest in NTPC Renewable Energy Limited, and the contract does not fall within related party transactions.
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