Vikran Engineering Limited has announced the acceptance of Letters of Awards (LOAs) from M.P. Urja Vikas Nigam Limited for the implementation of grid-connected Solar PV based Power Plants (SPP). The projects collectively have a total capacity of 45.75 MW AC and are part of the Surya Mitra Krishi Feeders Scheme, a component of the PM KUSUM-C scheme. The power generated will be sold to Madhya Pradesh Power Management Company Limited (MPPMCL) in the Vidisha District of Madhya Pradesh. The contract has a duration of 25 years, with a consideration rate between ₹2.75 and ₹2.80 per kWh. The company confirmed that its promoters or group companies have no interest in M.P. Urja Vikas Nigam Limited and that these orders do not fall under related party transactions. This announcement was made on December 26, 2025.