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Vikran Engineering's shares rose by 9.5% to Rs 110.35 following the acceptance of Letters of Award for a 45.75 MW solar project in Madhya Pradesh, part of the PM KUSUM-C scheme. The projects, aimed at supplying power to MPPMCL, will be developed in Vidisha district with a 25-year tenure for power purchase agreements at tariffs of Rs 2.75 to Rs 2.80 per kilowatt-hour. The stock has increased by 17.93% in the past week, reflecting strong market interest.