StockWatch
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Compressors, Pumps & Diesel Engines
Deals23 Sept 2026, 09:01 am

Oswal Pumps Wins ₹297.5 Cr Solar Project in Telangana

AI Summary

Oswal Pumps Limited has received a Letter of Intent from Telangana Renewable Energy Development Corporation Limited (TREDCL) for a significant solar rooftop project. The contract involves the Design, Supply, Installation, and Commissioning of on-grid solar rooftop PV power plants with an aggregate capacity of 46,705 kW across 9,937 government schools in 33 districts of Telangana. The total value of the project is approximately ₹297.50 Crore, including GST. The installation is expected to be completed within 180 days of receiving the work order. This project aims to enhance renewable energy infrastructure in educational institutions and aligns with Telangana's clean energy goals. The company will also provide a five-year comprehensive maintenance service.

Key Highlights

  • Secured ₹297.50 Cr solar rooftop project from TREDCL.
  • Project covers 46,705 kW capacity across 9,937 government schools.
  • Includes supply, installation, commissioning, and 5-year maintenance.
  • Installation to be completed within 180 days of work order.
  • Marks significant expansion into Telangana market.