Deals23 Sept 2026, 08:56 am
Oswal Pumps Wins ₹297.5 Cr Solar Project from TREDCL
AI Summary
Oswal Pumps Limited has secured a significant Letter of Intent from Telangana Renewable Energy Development Corporation Limited (TREDCL) for the design, supply, installation, and commissioning of rooftop solar PV power plants across 9,937 government schools in Telangana. The project, with an aggregate capacity of 46,705 kW (46.7 MW), is valued at approximately ₹297.50 Crore (including GST). This order involves 5 years of comprehensive maintenance and is to be completed within 180 days of receiving the work order. The company views this as a key milestone for expanding its presence in new markets and contributing to Telangana's clean energy goals.
Key Highlights
- Oswal Pumps secures ₹297.5 Cr solar project from TREDCL.
- Project involves 46.7 MW rooftop solar capacity across 9,937 schools.
- Includes 5 years of comprehensive maintenance.
- Installation to be completed within 180 days of work order.
- Marks significant market expansion for Oswal Pumps.
Price Impact
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