Vikran Engineering Bags ₹459 Cr NTPC Solar Project; Stock Surged 11% Earlier

• Vikran Engineering secured a ₹459.20 crore contract from NTPC Renewable Energy Limited for a 400 MW AC grid-connected solar project in Chitrakoot, Uttar Pradesh.
• The EPC (Balance-of-System) project includes installation, testing, and commissioning, with a 12-month completion timeline.
• This new order follows a recent ₹2,035 crore EPC contract for a 600 MW solar project, significantly boosting the company's order book.
• The company's shares jumped 11% in the previous session, closing above ₹96, after announcing an earlier large order.
• The continuous flow of major renewable energy contracts strengthens Vikran Engineering's market position and investor confidence.

Why It Matters: Vikran Engineering secures another major solar project, reinforcing its market presence and boosting investor sentiment.