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The solar power plants will be developed in Vidisha district of Madhya Pradesh, with Vikran Engineering acting as the renewable power generator for the projects.
The scope of work involves inland transportation, installation, testing, commissioning, insurance, and guarantee tests.
The issue includes a fresh equity issue worth ₹721 crore and an offer-for-sale (OFS) of ₹51 crore by promoter Rakesh Ashok Markhedkar.
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