Deals19 Oct 2023, 03:03 pm
Shakti Pumps (India) Ltd. Secures Rs. 1603 Crore Order for 50000 Solar Water Pumps
AI Summary
Shakti Pumps (India) Ltd. has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 50,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Component-B of PM-KUSUM scheme (Phase-III). The total value of the 50,000 pumps is around Rs.1603 crores (inclusive of GST) which is to be executed over 24 months.,
Key Highlights
- Secures Rs. 1,603 Crore Order for 50,000 Solar Water Pumps
- Letter of Empanelment from MSEDCL for PM-KUSUM scheme
- Total value of 50,000 pumps is Rs.1603 crores (inclusive of GST)
- To be executed over 24 months