Shares of Vikran Engineering zoomed over 8% on Monday after the civil construction firm said it won an order worth Rs 354 crore. Vikran Engineering stock rose 8.11% to Rs 106.94 against the previous close of Rs 98.91. Market cap of the firm rose to Rs 2,654.94 crore.

The turnkey EPC contract has been given by Ellume Energy MH SolarOne Private Limited (SPV) for the 100 MW AC / 120 MW DC Solar Power Project in Maharashtra. Advertisement

Under the terms of the Letter of Award (LOA), Vikran Engineering will execute the project on a lump-sum turnkey basis, encompassing comprehensive design, engineering, procurement, construction, installation, testing, and commissioning of the solar power plant, ensuring it becomes fully operational for its intended purpose.

The scope also includes adherenc

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