Oswal Pumps Secures ₹ 119.92 Crore Solar Pump Order under PM-KUSUM B Scheme
Oswal Pumps Ltd has received a Letter of Award from Karnataka Renewable Energy Development Limited for 214 Surface Solar Agriculture Pumps Set and 3049 Submersible Solar Agriculture Pump Sets for the entire state of Karnataka under Component-B of PM-KUSUM scheme. The total value of the pumps is approximately ₹ 119.92 Crore (inclusive of GST). The order includes design, manufacture, supply, transport, installation, testing, and commissioning of Surface Solar Agriculture Pumps Set and Submersible Solar Agriculture Pump Sets of 3HP, 5 HP, 7.5 HP & 10 HP at identified farmers' site in the state of Karnataka, including complete system warranty and its repair and maintenance and Remote Monitoring System (‘RMS’) for 5 years. The installation and commissioning along with RMS integration and submission of Invoices and documents, shall be carried out as per the MNRE stipulated time i.e. on or before March 31, 2026. The contract period is up to five years from the date of installation & commissioning of last pump under this DWA.
Key Highlights
- Oswal Pumps has secured an order worth ₹ 119.92 Crore from Karnataka Renewable Energy Development Limited under PM-KUSUM B Scheme.
- The order includes the supply and installation of 3,263 Off-Grid DC Solar Photovoltaic Water Pumping Systems.
- The systems will be installed at identified farmers’ locations across the state of Karnataka, supporting sustainable irrigation and promoting the adoption of renewable energy in the agricultural sector.
- This Order further strengthens Oswal Pumps Limited’s position as a leading player in the solar pumping solutions segment.
- The project is expected to be completed by March 31, 2026.