Shares of Vikran Engineering surged following the company’s acquisition of a massive Rs 2,035.26 crore solar EPC contract from Onix Renewables, significantly bolstering its industrial order book. 

The project involves the turnkey execution of 600 MW AC solar power plants across multiple sites in Maharashtra, covering everything from design and engineering to the procurement of high-efficiency PV modules and final commissioning. 

With a strict 12-month execution timeline, this win provides the firm with immediate revenue visibility and cements its status as a top-tier contractor in India’s rapidly accelerating renewable energy sector.