StockWatch
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Compressors, Pumps & Diesel Engines
Business Update4 Jul 2026, 07:10 pm

Oswal Pumps Wins ₹235.92 Cr Solar Pump Order from MSEDCL

AI Summary

Oswal Pumps Ltd has secured an additional order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the PM Kusum B Scheme. The total value of this order is approximately ₹235.92 Crore, including GST. The scope of work involves the design, manufacture, supply, transport, installation, testing, and commissioning of SPWPS of 3HP, 5HP, and 7.5HP capacities, along with a 5-year warranty and remote monitoring system. The installation is to be completed within 60 days from the Notice to Proceed. This significant order reinforces Oswal Pumps' position in the solar pumping solutions market and its partnership with MSEDCL.

Key Highlights

  • Oswal Pumps receives ₹235.92 Cr order for 10,000 solar pumps from MSEDCL.
  • Order is for Off-Grid DC Solar Photovoltaic Water Pumping Systems under PM Kusum B Scheme.
  • Installation to be completed within 60 days.
  • Order includes design, manufacture, supply, and installation.
  • Reinforces company's position in solar pumping solutions.