Oswal Pumps Wins ₹78 Cr Rooftop Solar Project in Bihar

Oswal Pumps Ltd has secured a Letter of Award from North Bihar Power Distribution Company Limited (NBPDCL) for setting up 20 MW of Grid-Connected Rooftop Solar Projects. The project involves installing 1.1 kW capacity solar plants for 18,089 consumers in the Darbhanga Circle under the PM Surya Ghar – Muft Bijli Yojana. The total value of the order is approximately ₹78 Crore, including GST. The execution is to be completed within 9 months of PPA signing, with an additional 10-year Operation & Maintenance period. The company anticipates a long-term revenue potential of approximately ₹67 Crore from energy supply over the contract tenure, leading to a cumulative revenue opportunity of around ₹145 Crore.