VIKAS ELECTRIC CORPORATION - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

61 including cancelled tenders

Awarded

42 lost · 0 still pending

Awarded value

₹4.6 Cr

of ₹30.6 Cr bid — 14.9% conversion

Win rate

13.1%

of 61 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count61 bids

13.1%

18.0%

68.9%

Awarded813.1%

Pending00.0%

Tech rejected1118.0%

Lost4268.9%

By value₹30.6 Cr

14.9%

14.5%

70.6%

Awarded₹4.6 Cr14.9%

Pending₹00.0%

Tech rejected₹4.4 Cr14.5%

Lost₹21.6 Cr70.6%

Where they win

1 authority · 1 state

Top buyer organisations

Public Works Department₹4.6 Cr100.0%

Operating states

LowHigh

Delhi₹4.6 Cr

Top competitors

In tenders they both bid · bar shows how the awards split

PARASAR ELECTRICALS & REFRIGERATION12 wins · 40 shared tenders

₹4.1 Cr

won head-to-head

Shaka Electrical (India)5 wins · 27 shared tenders

₹1.7 Cr

won head-to-head

Krishna Electreical Works5 wins · 26 shared tenders

₹1.5 Cr

won head-to-head

Ele Mec Engineering Co.4 wins · 22 shared tenders

₹2.0 Cr

won head-to-head

SHASHANK ELECTRICALS4 wins · 20 shared tenders

₹2.0 Cr

won head-to-head

Anand Electricals2 wins · 17 shared tenders

₹22.0 L

won head-to-head

Rival awardedVIKAS ELECTRIC awardedOthers

Recent tenders awarded to VIKAS ELECTRIC

RMO of Electrical and Mechanical installations at Delhi Secretariat, New Delhi during 2020 21Public Works Department · Delhi · 24 Mar 2021₹72.4 L
RMO of Electrical and Mechanical installations at Gomukh Tower, Kaushambi, Ghaziabad during 2020 21. (SH Day to day maintenance and operation of E and M installations.)Public Works Department · Delhi · 4 Mar 2021₹42.4 L
RMO of E and M Installations at various AAMC under Sub Division M2535 during 2020 21.Public Works Department · Delhi · 17 Feb 2021₹52.3 L
SH Providing outsourced staff in Circle office M 23 Division office M 231 and sub division offices of M 2311 M 2312 M 2313 and M 2314 i.e. Computer Operator LDC Messenger and MTSPublic Works Department · Delhi · 27 Jan 2021₹44.9 L
RMO of various electrical and mechanical services (Internal and external) at Prison Complex, Mandoli, Delhi.Public Works Department · Delhi · 11 Mar 2020₹50.4 L

About VIKAS ELECTRIC CORPORATION

VIKAS ELECTRIC CORPORATION appears as a bidder on 61 government tenders on record, from 1 buyer authority in 1 state. Of its 61 decided bids, it was awarded 8 — a 13.1% win rate — worth ₹4.6 Cr in total. Its most recent award on record is from 11 Sept 2025.

Its largest buyer by awarded value is Public Works Department, at 100.0% of what it has won. Most of its awards come from Delhi. On priced bids, its median quote is 50.9% above the lowest bid (L1).

It most often bids against PARASAR ELECTRICALS & REFRIGERATION, Shaka Electrical (India) and Krishna Electreical Works. PARASAR ELECTRICALS & REFRIGERATION bid on 40 of the same tenders and won 12 of them; VIKAS ELECTRIC CORPORATION won 4.