Deals14 Aug 2025, 04:30 pm
Captain Polyplast Receives Order for 200 Off-Grid Solar Photovoltaic Water Pumping Systems Worth Rs. 5.97 Crores from Maharashtra State Electricity Distribution Company Limited
AI Summary
Captain Polyplast Limited, a leading manufacturer and exporter of micro irrigation solutions and solar EPC, has received an order for 200 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) from Maharashtra State Electricity Distribution Company Limited. The total value of the order is approximately Rs. 5.97 crores (including GST). 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 company's solar EPC segment as it expands its presence in new markets, particularly in Maharashtra and Gujarat, which are two of the largest markets for solar pumps.
Key Highlights
- Captain Polyplast received an order for 200 Standalone Off-Grid DC Solar Photovoltaic Water Pumping Systems from Maharashtra State Electricity Distribution Company Limited.
- The total value of the order is approximately Rs. 5.97 crores (including GST).
- 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 company's solar EPC segment as it expands its presence in new markets.
- Maharashtra and Gujarat are two of the largest markets for solar pumps.