Business Update30 Apr 2026, 11:28 am
Shakti Pumps Bags ₹155.24 Cr Order from MSEDCL
AI Summary
Shakti Pumps India Ltd. has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 6,580 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) of 3 HP, 5 HP, and 7.5 HP. The order, valued at ₹155.24 Crores (inclusive of GST), is for the entire state of Maharashtra under the Magel Tyala Saur Krushi Pump Yojana and is to be executed within 60 days from the issuance of the work order.
Key Highlights
- Shakti Pumps receives order from MSEDCL for 6,580 solar water pumps.
- The order is valued at ₹155.24 Crores, inclusive of GST.
- Project to be completed within 60 days of work order issuance.
- The pumps are for the Magel Tyala Saur Krushi Pump Yojana in Maharashtra.