Deals12 Jan 2026, 11:37 am
Shakti Pumps Wins Maiden Order from Karnataka for Rs. 654.03 Crores
AI Summary
Shakti Pumps India Ltd. has received a maiden order from Karnataka Renewable Energy Development Limited for installation of 16,780 Solar Photovoltaic Water Pumping Systems with an aggregate order value of Rs. 654.03 Crores. This marks the Company’s entry in the Southern region and is the latest in a series of wins during the last one month in various states, cumulatively amounting to Rs. 1,900 Crores. The order has been awarded under the Karnataka Government’s solar agriculture initiative.
Key Highlights
- Shakti Pumps wins maiden order from Karnataka Renewable Energy Development Limited for Rs. 654.03 Crores.
- Order includes installation of 16,780 Solar Photovoltaic Water Pumping Systems.
- Latest in a series of wins during the last one month in various states, cumulatively amounting to Rs. 1,900 Crores.
- Order marks the Company’s entry in the Southern region.
- Order awarded under the Karnataka Government’s solar agriculture initiative.