STOCKWATCH
·
Compressors- Pumps & Diesel Engines
Deals11 Dec 2024, 08:50 pm

Shakti Pumps (India) Ltd. Receives Empanelment from Maharashtra State Electricity Distribution Company Limited for 25000 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems

AI Summary

Shakti Pumps (India) Ltd. has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 25000 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Scheme. The total value of the 25000 pumps is around Rs. 754.30 Crores (inclusive of GST) which is to be executed within 60 days from the issuance of NTP/work order.

Key Highlights

  • Shakti Pumps (India) Ltd. received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited.
  • The empanelment is for 25000 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Scheme.
  • The total value of the 25000 pumps is around Rs. 754.30 Crores (inclusive of GST).
  • The pumps are to be executed within 60 days from the issuance of NTP/work order.
  • This is a significant step towards promoting renewable energy in the agriculture sector.
SHAKTIPUMP
Compressors- Pumps & Diesel Engines
SHAKTI PUMPS (INDIA) LTD.-$

Price Impact