VIKRANNSEVikran Engineering LimitedHighPositive
Announced Tue, 5 May · 13:07 IST

Vikran Engineering Limited has informed the Exchange regarding a press release dated May 05, 2026, titled "Press Release - Vikran Engineering Commissions Second Solar Plant, Scales Distributed Renewable Push Under PM-KUSUM".

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Vikran Engineering Limited has commissioned its second 5 MW solar power plant in Ambijalgaon, Ahilyanagar district, Maharashtra, under the PM KUSUM Scheme. The plant is part of a larger 600 MW solar contract secured in December 2025. It is expected to generate 10,000 MWh of clean energy annually and avoid 8,200 tonnes of CO₂ emissions per year. The plant will provide reliable daytime power for agricultural irrigation in the region. With this commissioning, Vikran now has 2 solar plants operational, while an additional 145 MW remains under construction.

Likely market impact

The commissioning of this new solar plant represents meaningful progress in Vikran's renewable energy expansion strategy and diversification beyond its traditional transmission and distribution business, which could positively influence investor sentiment.