Vikran Engineering Secures ₹459 Crore NTPC Solar Project in Chitrakoot

• Vikran Engineering Limited won a ₹459.20 crore contract from NTPC Renewable Energy for a 400 MW AC grid-connected solar project.
• The project is located in Chitrakoot, Uttar Pradesh, and was announced on Thursday, December 25.
• The contract covers EPC on a balance-of-system basis, including installation, testing, and commissioning, to be completed within 12 months.
• This is Vikran's second major win this week, following a ₹2,035 crore EPC order for a 600 MW solar project.
• Vikran Engineering shares surged significantly earlier in the week, with a 10.94% gain on December 24, prior to this announcement.

Why It Matters: Vikran Engineering boosts its order book with a significant ₹459 crore solar project from NTPC Renewable Energy.