Vikran Engineering Bags 45.75 MW MP Solar Projects; Stock May Surge

• Vikran Engineering secured contracts for 45.75 MW (AC) grid-connected solar projects in Madhya Pradesh from MP Urja Vikas Nigam Limited.
• Projects are under the Surya Mitra Krishi Feeders Scheme (PM-KUSUM) in Vidisha district, with power sold to MPPMCL for 25 years.
• Tariffs range from ₹2.75-2.80 per unit, aiming to solarize agricultural feeders and reduce traditional energy dependence.
• Company shares surged 13% in one week; stock may see further rise on Monday.
• Recently listed, Vikran Engineering also secured a ₹459.2 crore NTPC Renewable Energy contract for a 400 MW solar project.

Why It Matters: Vikran Engineering's new solar projects in MP could boost its stock after a recent 13% surge.