Vikran Engineering receives ₹354.21 Crore LOA for 100 MW Solar Project in Maharashtra
Vikran Engineering received a Letter of Award (LOA) worth ₹354.21 crore from Ellume Energy MH SolarOne Private Limited for a 100 MW solar project in Maharashtra, to be completed within 12 months.
The order value of ₹354.21 crore is substantial and represents a major contract for the company, likely to have a high impact on its revenue and order book. The project's nature in the renewable energy sector also indicates strategic growth.
The company has received a significant new order worth ₹354.21 crore for a 100 MW solar project, which is a positive business development.
* Vikran Engineering Limited announced the receipt of a Letter of Award (LOA) dated 24th October 2025 from Ellume Energy MH SolarOne Private Limited (SPV). * The LOA is for a value of ₹354.21 crore. * The project involves the development of a 100 MW AC Cumulative Capacity Grid Interactive Solar PV Power Project in Maharashtra. * The nature of the order is a Turnkey Engineering, Procurement, and Construction (EPC) Contract. * The project is to be executed within 12 months. * The entity awarding the order, Ellume Energy MH SolarOne Private Limited (SPV), is a domestic entity, and there is no promoter/promoter group interest in it, nor does it fall under related party transactions.
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Vikran Engineering Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Vikran Engineering Limited. Read the original for the full detail.