Major EPC contractor Vikran Engineering Limited has secured a contract to develop a large-scale solar power project in Maharashtra. The company received a Letter of Award (LOA) on November 10, 2025, from Carbonminus Maharashtra One Private Limited, for an Engineering, Procurement, and Commissioning (EPC) contract worth Rs. 1641.91 crore.
This major contract is for the development of a 505 MWAC capacity crystalline ground-mounted solar photovoltaic (PV) project. The project will be grid interactive and spread across various districts in Maharashtra under the Maharashtra State Electricity Distribution Company Limited (MSEDCL) LIS scheme.
The work includes the design, engineering, supply, erection, testing, and commissioning of the solar power plants. The contract is expected to be executed within 11 months, highlighting Vikran Engineering’s strong capability in delivering large renewable energy projects on time.
This order marks a significant milestone for Vikran Engineering, reinforcing its position as a key player in the renewable energy sector and expanding its portfolio in solar power infrastructure development in India.
The project supports Maharashtra’s clean energy goals and will contribute substantially to the state’s solar energy capacity, advancing sustainable power generation and environmentally friendly initiatives.
In summary, Vikran Engineering’s award for this Rs. 1641.91 crore solar project is a positive development both for the company and the renewable energy landscape in Maharashtra.
This information is disclosed as per SEBI regulations and reflects Vikran Engineering’s ongoing commitment to growth and innovation in solar energy solutions.
