Vikran Engineering Limited has informed the Exchange regarding a press release dated April 03, 2026, titled "Press Release -Order Win for Rs. 530.80 Crores from MSEDCL".
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Vikran Engineering Limited has secured two Letters of Award (LoAs) totaling Rs. 530.80 crore (excluding GST) from MSEDCL (Maharashtra State Electricity Distribution Company Limited), a government of Maharashtra undertaking. The contracts cover Power Distribution Enhancement Program work at Nashik Zone (Rs. 235.63 crore) and Kolhapur Zone (Rs. 295.17 crore), both funded by the Asian Development Bank (ADB) and awarded through National Competitive Bidding. The work is on a turnkey basis and includes construction of new substations, transmission lines, power transformer augmentation, LT/HT underground cabling, and GIS mapping across both zones. Each contract has a 21-month execution timeline. The company describes this as a significant addition to its Transmission & Distribution order book, reinforcing its position in power infrastructure.
Winning ₹530.80 crore in government T&D orders is a strong positive — it meaningfully expands Vikran's order book and demonstrates competitive strength in infrastructure execution. For a mid-sized EPC player, this scale of new orders can materially drive revenue visibility over the next 2 years.