StockWatch
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Other Electrical Equipment
Award8 Sept 2026, 10:06 am

RMC Switchgears Secures ₹14.98 Cr Order from MAHAVITRAN

AI Summary

RMC Switchgears Limited has received Letters of Award (LOA) from MAHAVITRAN - Maharashtra State Electricity Distribution Co. Ltd. for an aggregate value of ₹14,98,65,900. The order encompasses the Design, Manufacture, Supply, Transport, Installation, Testing, and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of various capacities. This includes a 5-year warranty, repair, maintenance, and a Remote Monitoring System (RMS) under the "Magel Tyala Saur Krushi Pump" Yojana / PM KUSUM B Scheme. The company expects this significant order to positively impact its revenue and growth prospects, further strengthening its order book.

Key Highlights

  • RMC Switchgears awarded LOA worth ₹14.98 Cr from MAHAVITRAN.
  • Order is for solar water pumping systems under PM KUSUM B Scheme.
  • Includes 5-year warranty, maintenance, and remote monitoring.
  • Expected to boost company's revenue and growth prospects.
  • Strengthens RMC Switchgears' existing order book.