Vikran Engineering Limited was originally incorporated as ‘Ratangiri Financial Advisory Private Limited’, as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated June 04, 2008 issued by the Deputy Registrar of Companies, West Bengal at Kolkata. Pursuant to a special resolution passed by the Shareholders of the company at the extra-ordinary general meeting held on July 31, 2015, the name of the company was changed to ‘Vikran Engineering & Exim Private Limited’ due to change in the nature of business and a fresh certificate of incorporation pursuant to change of name dated August 07, 2015 was issued by the Registrar of Companies, Kolkata. Thereafter, the company was converted to a public limited company, pursuant to a special resolution passed by the Shareholders of the company at the extra-ordinary general meeting held on August 12, 2024, the name of the company was changed to ‘Vikran Engineering Limited’ and a fresh certificate of incorporation consequent upon conversion to public limited company dated September 20, 2024, was issued to the company by the RoC.

The company is one of the fast-growing Indian Engineering, Procurement and Construction (EPC) companies. It has a diversified project portfolio, with majority revenue from energy and water infrastructure verticals. It provides end-to-end services from conceptualisation, design, supply, installation, testing and commissioning on a turnkey basis and has presence across multiple sectors including power, water, and railway infrastructure. Within the power sector, it has presence in both- power transmission and power distribution. In the water sector, its projects include underground water distribution and surface water extraction, overhead tanks, and distribution networks. The company also has experience in Solar EPC of ground mounted solar projects and smart metering. 

Its key competencies encompass in-house design and engineering and timely project execution. It has successfully executed projects for government entities, public sector undertakings and private companies. Its focus on operational excellence, and efficient cost structure, has enabled it to deliver high-value projects that meet stringent and quality standards.

Business area of the company 

The company is an EPC Company offering a wide range of integrated end to end services including infrastructures project, power transmission and distribution, Extra High Voltage (EHV) substation and water infrastructure including design, supply, civil works, construction, testing and commissioning.

Awards, accreditations, and recognitions

• 2015: Excellence Award by Power Focus, received from Piyush Goel, Central Power and Renewable Energy Minister.
• 2016: Company was recognized at an international level for the first time by getting awarded the ‘Fastest Growing Indian Company Excellence Award – 2016’ by International Achievers Conference.
• 2018:  Awarded for the outstanding contribution in completion of Har Ghar Bijli/Saubhagya scheme by South Bihar State Power Distribution Company Limited.
• 2018:  Awarded 3 Excellence Awards by then the Chief Minister of Bihar.
• 2021: Letter of appreciation from Power Grid Corporation of India Limited, in connection with bay extension of 220 Kv at Rewa S/s for compliance towards occupational health and safety, and for achieving the goal of zero accidents during the period 2020-2021.
• 2022: Letter of appreciation from Railway Electrification, Kolkata (Ministry of Railways) for successful and efficient completion of project on time.
• 2023: World Best Performing Business Leaders Awards, 2023 London” by International Achievers Conference in 2023.
• 2024: Certificate of appreciation from Public Health Engineering Division, Baloda Bazaar, Chhattisgarh for meeting all the codal requirements and the efficient, practical and cost-effective design carried out for ‘Bitkuli - Rampur Multi Village Scheme Project’ under Jal Jeevan Mission, Chhattisgarh.
• 2024: Faster Completion Project Award by Power Grid Corporation of India Limited.

History and milestones

• 2008: Company was incorporated as a Private Limited Company under the name of Ratangiri Financial Advisory Private Limited.
• 2014: Change in ownership of the Company, due to acquisition of Equity Shares by the Markhedkar family from the erstwhile promoters of the Company.
• 2014: First extra-high voltage (EHV) substation awarded by Madhya Pradesh Transmission Co. Ltd.
• 2019: Completion of electrification project in Bhagalpur - 3,000 tollas, 3,50,000 Energy Meters, 8,170 kms HT lines.
• 2019: First 500 MVA, 400 kV power transformer substation order awarded by Power Grid Corporation of India Limited at Muzaffarpur.
• 2020: 132 kV gas-insulated substation awarded by Maharashtra State Electricity Transmission Company Limited for bullet train project for MMRDA and National High Speed Rail Corporation Limited.
• 2020: Order worth Rs 7238.69 million awarded by Andhra Pradesh Central Power Distribution Corporation Limited for Guntur, Krishna and Prakasam districts under YSR Uchitha Vyavasaaya Vidyut Pathakam.
• 2021: Awarded its first project in water segment at Betul district, Madhya Pradesh for Rs 2,460.24 million as a part of Prime Minister Har Ghar Jal Yojana.
• 2022: Completion of its first railway electrification project awarded by Railway Electrification, Kolkata unit.
• 2022: Order worth Rs 2,340 million awarded by National Thermal Power Corporation Limited.
• 2023: Company raised $22 million in a private placement round from various investors.