Overview
- The turnkey EPC contract from an Onix Renewables SPV spans design through commissioning and includes the supply of PV modules and inverters.
- Vikran accepted the order on Dec. 23 and targets completion within 12 months across multiple sites in Maharashtra.
- The company says preparations began about 45 days earlier with supply-chain plans finalized and teams already deployed to sites.
- Shares rose as much as 15.36% on Wednesday, with trading volume about 20 times the 30‑day average, according to market data.
- Executives say the win advances Vikran’s renewables push following a mutually agreed cancellation of a prior order.