Vikran Engineering Secures Rs 5308 mn Distribution Orders
ECONOMY & POLICY

Vikran Engineering Secures Rs 5308 mn Distribution Orders

Vikran Engineering Limited has secured two Letters of Award aggregating to Rs 5308 million (mn) excluding GST from Maharashtra State Electricity Distribution Co. Limited under the Asian Development Bank funded Power Distribution Enhancement Program. The awards, won through national competitive bidding, cover projects in the Nashik and Kolhapur zones of Maharashtra and add materially to the company’s transmission and distribution order book.

The Nashik Zone package is valued at Rs 2356.3 mn excluding GST and the Kolhapur Zone package at Rs 2951.7 mn excluding GST. Both contracts are structured on a turnkey basis and encompass end to end activities including site survey, planning, design, engineering, manufacturing, testing, supply, transportation, installation, commissioning and documentation, together with associated civil works. The scope intends to deliver comprehensive system strengthening across distribution networks.

Key deliverables comprise new 33/11 kV, 22/11 kV and 33/22 kV substations, new 33 kV, 22 kV and 11 kV transmission lines, augmentation of power transformers and substations, renovation works, distribution transformers, low tension lines, HT/LT underground cabling, and GIS mapping and asset tagging. Each contract carries a scheduled completion timeline of 21 months from the date of the respective Letter of Award. The works are expected to enhance reliability and capacity of distribution infrastructure in the covered zones.

Vikran’s chairman and managing director indicated that the awards validate the company’s technical depth and consistent project execution, strengthen its order book and position the company for sustained growth while contributing to Maharashtra’s power infrastructure development and India’s broader energy access objectives. The company is a diversified engineering, procurement and construction player with expertise in power transmission and distribution, water infrastructure and railway electrification, supported by emerging capabilities in solar EPC and smart metering. Its asset light model, in house design and engineering and a supply chain of over 3,500 vendors underpin its ability to mobilise resources and deliver projects on schedule.

Vikran Engineering Limited has secured two Letters of Award aggregating to Rs 5308 million (mn) excluding GST from Maharashtra State Electricity Distribution Co. Limited under the Asian Development Bank funded Power Distribution Enhancement Program. The awards, won through national competitive bidding, cover projects in the Nashik and Kolhapur zones of Maharashtra and add materially to the company’s transmission and distribution order book. The Nashik Zone package is valued at Rs 2356.3 mn excluding GST and the Kolhapur Zone package at Rs 2951.7 mn excluding GST. Both contracts are structured on a turnkey basis and encompass end to end activities including site survey, planning, design, engineering, manufacturing, testing, supply, transportation, installation, commissioning and documentation, together with associated civil works. The scope intends to deliver comprehensive system strengthening across distribution networks. Key deliverables comprise new 33/11 kV, 22/11 kV and 33/22 kV substations, new 33 kV, 22 kV and 11 kV transmission lines, augmentation of power transformers and substations, renovation works, distribution transformers, low tension lines, HT/LT underground cabling, and GIS mapping and asset tagging. Each contract carries a scheduled completion timeline of 21 months from the date of the respective Letter of Award. The works are expected to enhance reliability and capacity of distribution infrastructure in the covered zones. Vikran’s chairman and managing director indicated that the awards validate the company’s technical depth and consistent project execution, strengthen its order book and position the company for sustained growth while contributing to Maharashtra’s power infrastructure development and India’s broader energy access objectives. The company is a diversified engineering, procurement and construction player with expertise in power transmission and distribution, water infrastructure and railway electrification, supported by emerging capabilities in solar EPC and smart metering. Its asset light model, in house design and engineering and a supply chain of over 3,500 vendors underpin its ability to mobilise resources and deliver projects on schedule.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->