New Delhi, Oct. 13 -- Vikran Engineering share price surged more than 13% on Tuesday, 13 October, after the company announced that its wholly owned subsidiary, NOPL Solar Projects Pvt Ltd, had signed a Rs.2,941.19 crore loan agreement with the Indian Renewable Energy Development Agency (IREDA) to partly finance a large-scale solar power project in Maharashtra.

According to a regulatory filing, the loan agreement was dated 9 October 2026, and disclosed to the stock exchanges on 12 October.

The project involves developing a 969 MWac/1,163 MWp solar photovoltaic power project across 152 locations in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY) scheme. The total estimated project cost stands at Rs.4,201.70 crore....