Deals2 Aug 2024, 04:56 pm
Shakti Pumps (India) Ltd. Receives Letter of Intent for Rs. 558.16 Crores Order from Uttar Pradesh Department of Agriculture
AI Summary
Shakti Pumps (India) Ltd. has announced the receipt of a Letter of Intent from the Department of Agriculture, Uttar Pradesh for 12,537 pumps under Component-B of PM-KUSUM scheme (Phase-III). The total value of the work order is approximately Rs. 558.16 Crores (inclusive of GST) and is to be executed within 31st March 2025. The order is to be executed in a phased manner based on quantities defined under the letters of proceed.
Key Highlights
- Shakti Pumps (India) Ltd. has received a Letter of Intent from the Department of Agriculture, Uttar Pradesh for 12,537 pumps.
- The total value of the work order is approximately Rs. 558.16 Crores (inclusive of GST).
- The order is to be executed within 31st March 2025 in a phased manner.
- The pumps are for the entire state of Uttar Pradesh under Component-B of PM-KUSUM scheme (Phase-III).
- The order is to be executed based on quantities defined under the letters of proceed.