Deals25 Apr 2025, 07:54 pm
Shakti Pumps India Ltd Receives Work Order Worth Rs 122.14 Crores Under PM-KUSUM Scheme
AI Summary
Shakti Pumps India Ltd has received a work order under Component-B of PM-KUSUM scheme from Haryana Renewable Energy Department (HAREDA) for 3,511 pumps. The total amount of the work order is Rs. 107.33 Crores exclusive of GST and Rs. 122.14 Crores inclusive of GST. The company is required to design, manufacture, supply, install, test, and commission the solar water pumping systems within 120 days from the date of the order issue.
Key Highlights
- Work order worth Rs. 122.14 Crores received under PM-KUSUM scheme
- Order for 3,511 solar water pumping systems from Haryana Renewable Energy Department
- Total amount of the work order exclusive of GST is Rs. 107.33 Crores
- Company required to complete the order within 120 days from the date of the order issue
- This initiative is expected to contribute to the renewable energy goals of the government