New Launch19 Nov 2025, 02:37 pm
Captain Polyplast Receives $8.17 Cr Solar Pump Order from MSEDCL
AI Summary
Captain Polyplast Limited (CPL) has received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 300 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the PM Kusum B Scheme. The order, valued at $8.17 Cr (including GST), is a significant step for the company and is expected to support its growth momentum and contribute positively to its long-term business outlook.
Key Highlights
- Captain Polyplast received an order from MSEDCL for 300 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the PM Kusum B Scheme.
- The order is valued at $8.17 Cr (including GST).
- The order is expected to support the company's growth momentum and contribute positively to its long-term business outlook.
- The company has a strong distribution network spanning 16 states across India and exports its products to markets in Africa, Latin America, and the Middle East.
- CPL recently diversified into the solar EPC market and established a partnership with IOCL for polymer product marketing in Gujarat.