Shakti Pumps Secures ₹235.92 Crore Order For 10,000 Solar Pumps
Mumbai: Shakti Pumps (India) Limited on Tuesday announced it has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000 off-grid solar photovoltaic water pumping systems. Order Details The order, valued at ₹235.92 crore including GST, is for 3 HP, 5 HP, and 7.5 HP pumps under the Magel Tyala Saur Krushi Pump Yojana across Maharashtra.…
Mumbai - Shakti Pumps (India) Limited has successfully secured a substantial order for 10,000 off-grid solar photovoltaic water pumping systems, valued at ₹235.92 crore including GST. The order, awarded by Maharashtra State Electricity Distribution Company Limited (MSEDCL), pertains to various pump sizes including 3 HP, 5 HP, and 7.5 HP systems under the Magel Tyala Saur Krushi Pump Yojana across Maharashtra. The total contract value, excluding GST, amounts to ₹216.64 crore.
The agreement encompasses a comprehensive package of services, including design, manufacture, supply, transportation, installation, testing, and commissioning of the solar water pumping systems. Shakti Pumps is obligated to complete the project within a timeframe of 60 days from the issuance of the work order or Notice to Proceed (NTP).
The company has emphasized that this order was awarded through a domestic entity, further underscoring its commitment to supporting local initiatives. The announcement was made by Company Secretary Ravi Patidar on behalf of Shakti Pumps (India) Limited.
This significant contract not only highlights Shakti Pumps' capabilities but also underscores the growing importance of energy-efficient water solutions in the region.
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