Deals19 Sept 2025, 05:32 pm
Shakti Pumps Completes Three Tranches of Farmers' Bookings Valued at Rs. 702.69 Crores
AI Summary
Shakti Pumps (India) Limited has successfully completed three tranches of farmer bookings for the supply and installation of 34,720 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM B. The first tranche of 10,000 SPWPS was fully booked within 1.5 hours, the second tranche of 12,451 SPWPS was also fully booked, and the third tranche of 3,127 SPWPS was recently opened and fully booked by farmers. This totals to 25,578 SPWPS already selected by farmers across three tranches, valuing the total order to Rs. 702.69 Crores (inclusive of GST).
Key Highlights
- Shakti Pumps has completed three tranches of farmer bookings for 34,720 SPWPS under the MSEDCL's scheme.
- The first tranche of 10,000 SPWPS was fully booked within 1.5 hours, the second tranche of 12,451 SPWPS was also fully booked, and the third tranche of 3,127 SPWPS was fully booked by farmers.
- 25,578 SPWPS have been selected by farmers across three tranches, valuing the total order to Rs. 702.69 Crores (inclusive of GST).
- Shakti Pumps is well on track to fulfill its empanelled commitment of 34,720 SPWPS.
- Shakti Pumps is a leading manufacturer of energy-efficient pumps and motors, and is committed to helping India meet its energy goals.