StockWatch
·
Other Electrical Equipment
Deals10 Oct 2026, 06:30 pm

Saatvik Green Energy Secures ₹100 Cr Order from MSEDCL

AI Summary

Saatvik Green Energy Limited has received a significant order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the Design, Manufacture, Supply, Transport, Installation, Testing, and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The order encompasses 5,000 units of 3 HP, 5 HP, and 7.5 HP capacity pumps, including a 5-year warranty, repair, maintenance, and remote monitoring. The total value of the order is approximately ₹100 Crores (exclusive of GST). The project is part of the Magel Tyala Saur Krushi Pump Yojana/PM KUSUM B scheme, with installation and commissioning to be completed within 60 days of the work order. This award represents a substantial business development for Saatvik Green Energy.

Key Highlights

  • Received order worth ₹100 Crores from MSEDCL.
  • Order includes 5,000 Solar Photovoltaic Water Pumps.
  • Project is under Magel Tyala Saur Krushi Pump Yojana/PM KUSUM B.
  • Includes 5-year warranty, maintenance, and remote monitoring.
  • Installation to be completed within 60 days.