Investment14 Aug 2025, 04:42 pm
Captain Polyplast Receives Letter of Empanelment for 200 Off-Grid Solar Pumps Worth ₹5.97 Cr from Maharashtra State Electricity Distribution Company Limited
AI Summary
Captain Polyplast Limited (CPL), a leading manufacturer and exporter of micro irrigation solutions, has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM Kusum B Scheme — “Magel Tyala Saur Krushi Pump” Yojana for supply of 200 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (‘SPWPS’) collectively valued at ₹5.97 crores (including GST). The installation of these pumps is to be completed within 60 days from date of issuance of NTP/work order. This order is a significant development for the solar EPC segment of the company as it plans to expand its presence in new markets and strengthen its position in the solar pumps market.
Key Highlights
- Captain Polyplast received a Letter of Empanelment from MSEDCL for 200 off-grid solar pumps worth ₹5.97 crores.
- The installation of these pumps is to be completed within 60 days from the date of issuance of NTP/work order.
- This order is a significant development for the solar EPC segment of the company.
- The company plans to expand its presence in the solar pumps market.
- Captain Polyplast is a leading manufacturer and exporter of micro irrigation solutions.