Vikran Engineering Secures ₹ 120.69 Crore Order from POWERGRID for GIS Substation Extension Package SS-147
Thane, July 31, 2026: Vikran Engineering Limited, a leading engineering, procurement and construction (EPC) company in the power transmission sector, has secured a contract valued at approximately ₹ 120.69 Crore exclusive of GST from Power Grid Corporation of India Limited (POWERGRID). The order is for the 400 kV GIS Substation Package SS-147, awarded through Domestic Competitive Bidding.The project involves comprehensive works at three strategically important POWERGRID substations: the 400/220 kV Magarwada GIS Substation in Dadra & Nagar Haveli, the 765/400/220 kV Vadodara GIS Substation in Gujarat, and the 400/220 kV Rajgarh Substation in Madhya Pradesh. The scope of work covers the design, engineering, manufacture, testing, supply, erection, and commissioning of Gas Insulated Switchgear (GIS) equipment for augmenting transformation capacity at these sites. This undertaking entails the construction of 400/220kV GIS bays and allied works under two integrated contracts covering goods and services.
The augmentation of transformation capacity at these critical nodes is set to strengthen the interregional power transmission network. The project aims to enhance grid reliability and improve power evacuation capability across Gujarat, Madhya Pradesh, and the Union Territory of Dadra & Nagar Haveli and Daman & Diu, supporting industrial and commercial growth in the region.
Commenting on securing the deal, Mr. Rakesh Markhedkar, Chairman & Managing Director of Vikran Engineering Limited, stated that winning the order is a testament to the confidence clients place in the company's engineering capabilities and execution track record. He added that the project reinforces their long-standing relationship with POWERGRID and strengthens their foothold in the high-voltage GIS substation segment.
Vikran Engineering Limited is described as a diversified EPC player, specializing in Power Transmission & Distribution, Water Infrastructure, and Railway Electrification. The company delivers end-to-end turnkey solutions, including conceptualization, design, supply, installation, testing, and commissioning. Over the years, Vikran has successfully completed 45 projects across 14 states for clients including NTPC and Power Grid Corporation of India.
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