
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.
Price Impact
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