StockWatch
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Civil Construction
Business Update24 Sept 2026, 09:53 pm

Vikran Engineering Secures ₹153.76 Cr Order from POWERGRID

AI Summary

Vikran Engineering Limited has secured a significant order worth ₹153.76 Crore (exclusive of GST) from Power Grid Corporation of India Limited (POWERGRID). The order is for the 400 kV AIS Extension Substation Package SS-136T, involving the extension of the 400/220 kV Tumkur-II (AIS) Pooling Substation and civil works for a STATCOM. This project is crucial for strengthening transmission systems and integrating renewable energy. The execution schedule is set at 21 months. This win reinforces Vikran's position in high-voltage transmission infrastructure and adds to its order book.

Key Highlights

  • Secured ₹153.76 Cr order from POWERGRID for substation package.
  • Project involves substation extension and STATCOM works.
  • Execution timeline is 21 months from award.
  • Strengthens company's presence in high-voltage transmission.
  • Supports renewable energy integration into the grid.