Vikran Engineering Secures 600 MW Solar Project In Maharashtra

 Vikran Engineering Limited (VEL), one of India’s emerging multi-sector EPC  (Engineering, Procurement, and Construction) companies, today announced that it has received a major work  order worth ₹2,035.26 crore from Onix Renewables Limited, a special purpose vehicle (SPV), for the  development of 600 MW AC solar power projects across multiple locations in the state of Maharashtra. 

The work order, accepted on December 23, 2025, entails execution of the project on a turnkey EPC basis,  covering end-to-end activities including design, engineering, procurement, supply, erection, testing, and  commissioning. The scope of work also includes the supply of key components such as solar PV modules and  inverters. The project is expected to be completed within a 12-month timeline. 

Commenting on the development, Rakesh Markhedkar, Chairman and Managing Director, Vikran  Engineering Limited, said: 

“This order marks an important milestone for Vikran Engineering and reflects the strong momentum we are  witnessing in our renewable energy EPC business. It is a clear vote of confidence in our engineering depth,  project management capabilities, and ability to deliver large-scale solar projects with speed and quality. This  win meaningfully strengthens our order book and positions us well for sustained growth, as we continue to  support India’s clean energy ambitions through reliable, timely, and sustainable infrastructure development.” 

This order win significantly enhances Vikran Engineering’s renewable energy portfolio and complements its  established presence across power transmission and distribution, water infrastructure, and railway  electrification. It also reinforces the company’s strategic focus on scaling participation in large, complex  infrastructure projects while maintaining high standards of execution and delivery.