StockWatch
·
Compressors, Pumps & Diesel Engines
Business Update4 Jul 2026, 08:00 pm

Oswal Pumps Wins ₹235.92 Cr Solar Pump Order from MSEDCL

AI Summary

Oswal Pumps Ltd has received 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 includes design, manufacture, supply, installation, testing, and commissioning of SPWPS of various capacities, along with a 5-year warranty and remote monitoring. The execution is to be completed within 60 days. This order reinforces Oswal Pumps' position in the solar pumping solutions market.

Key Highlights

  • Secured a significant order for 10,000 solar water pumping systems.
  • Order value stands at approximately ₹235.92 Crore, including GST.
  • Execution to be completed within 60 days.
  • Order received from Maharashtra State Electricity Distribution Company Limited.
  • Reinforces company's leading position in solar pumping solutions.