Shakti Pumps Secures ₹356.77 Crore Order from MSEDCL for Solar Pumps

Shakti Pumps (India) Limited has announced receiving a significant Letter of Empanelment/Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL). This award is for the supply o...

Shakti Pumps (India) Limited has announced receiving a significant Letter of Empanelment/Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL). This award is for the supply of 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across the entire state of Maharashtra. These pumps are of 3 HP, 5 HP, and 7.5 HP capacities and are part of the Magel Tyala Saur Krushi Pump Yojana / PM Kusum B Scheme. The total commercial value of this order is approximately ₹356.77 Crores, inclusive of Goods and Services Tax (GST). The company is expected to execute this order within 60 days from the issuance of the work order or Notice to Proceed (NTP). The order involves the design, manufacture, supply, transport, installation, testing, and commissioning of these solar pumping systems. The promoter or promoter group of Shakti Pumps does not have any interest in MSEDCL, and the contract is not considered a related party transaction.

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Why is Shakti Pumps (India) Limited in the news today?

Shakti Pumps (India) Limited (SHAKTIPUMP) is in the news due to the company has received a significant order, which is expected to boost revenue and market presence.

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Shakti Pumps Secures ₹356.77 Crore Order from MSEDCL for Solar Pumps

December 23, 2025, 05:52 AM

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Shakti Pumps (India) Limited has announced receiving a significant Letter of Empanelment/Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL).

This award is for the supply of 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across the entire state of Maharashtra. These pumps are of 3 HP, 5 HP, and 7.5 HP capacities and are part of the Magel Tyala Saur Krushi Pump Yojana / PM Kusum B Scheme.

The total commercial value of this order is approximately ₹356.77 Crores, inclusive of Goods and Services Tax (GST). The company is expected to execute this order within 60 days from the issuance of the work order or Notice to Proceed (NTP). The order involves the design, manufacture, supply, transport, installation, testing, and commissioning of these solar pumping systems. The promoter or promoter group of Shakti Pumps does not have any interest in MSEDCL, and the contract is not considered a related party transaction.

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