StockWatch
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Compressors, Pumps & Diesel Engines
Deals30 Oct 2026, 12:04 pm

Oswal Pumps Secures ₹235.92 Cr Solar Pump Order from MSEDCL

AI Summary

Oswal Pumps Limited has received a significant order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The total value of this order is approximately ₹235.92 Crore, including GST. These systems are to be executed within 60 days under the PM Kusum B Scheme "Magel Tyala Saur Krishi Pump" Yojana. This repeat order reinforces Oswal Pumps' partnership with MSEDCL and highlights the company's continued momentum in supplying solar-powered irrigation solutions. The order covers design, manufacture, supply, installation, testing, and commissioning of SPWPS of various capacities, along with a 5-year warranty and maintenance.

Key Highlights

  • Oswal Pumps awarded ₹235.92 Cr order for 10,000 solar pumps.
  • Order is for MSEDCL under PM Kusum B Scheme.
  • Execution to be completed within 60 days.
  • Includes supply, installation, testing, commissioning, and maintenance.
  • Reinforces company's position in solar irrigation solutions.