Deals16 Jul 2024, 08:47 pm
Shakti Pumps (India) Ltd. Receives Order Worth Rs. 33.47 Crores from Maharashtra Energy Department
AI Summary
Shakti Pumps (India) Ltd. has announced that it has received a Letter of Award from the Maharashtra Energy Department Agency (MEDA) for 1,200 nos of Off-grid Solar Photovoltaic Water Pumping System (SPWPS) at various locations across Maharashtra under Component-B of PM-KUSUM scheme. The total order value is around Rs. 33.47 Crores (inclusive of GST). The company is required to complete the work within 120 days from the date of the order issuance.
Key Highlights
- Shakti Pumps (India) Ltd. has received an order from the Maharashtra Energy Department Agency (MEDA) for 1,200 off-grid solar photovoltaic water pumping systems.
- The total order value is around Rs. 33.47 Crores (inclusive of GST).
- The order is part of the PM-KUSUM scheme, Component-B.
- The company is required to complete the work within 120 days from the date of the order issuance.
- The order is not a related party transaction.