Vikran Engineering Bags 45.75 MW Solar Projects In MP

31 Dec 2025 CW Team

Vikran Engineering Ltd has accepted Letters of Award from Madhya Pradesh Urja Vikas Nigam Ltd for the development of grid-connected solar power projects with a combined capacity of 45.75 MW AC in Madhya Pradesh.

The company said the Letters of Award were accepted on December 26 and relate to the implementation of solar photovoltaic plants under the Surya Mitra Krishi Feeders Scheme. The projects are part of the feeder solarisation initiative under the PM KUSUM programme, aimed at ensuring a sustainable and reliable power supply for agricultural consumers.

According to an exchange filing, the electricity generated from these solar projects will be sold to Madhya Pradesh Power Management Company Ltd. The plants will be developed in Vidisha district, with Vikran Engineering acting as the renewable power generator.

Vikran Engineering will be responsible for the implementation, operation and maintenance of the solar power plants over the contract period. The contracts have been awarded by a domestic entity and are structured for a long-term duration of 25 years from the date of commissioning.

The applicable tariffs for the projects range between Rs 2.75 and Rs 2.80 per unit, the company said. Vikran Engineering added that the projects align with state and central efforts to promote feeder-level solarisation for agricultural power supply, reduce dependence on conventional energy sources and support cleaner power generation in Madhya Pradesh.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..