Oswal Pumps Limited has received a communication from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for an additional 10,000 off-grid DC solar photovoltaic water pumping systems (SPWPS) under the PM KUSUM B scheme’s “Magel Tyala Saur Krishi Pump” Yojana. 
The total order value is approximately Rs 235.92 crore, including GST. The systems are to be installed within 60 days from the date of issuance of the Notice to Proceed or Work Order.
Scope of work
According to a regulatory filing, the scope covers design, manufacture, supply, transport, installation, testing and commissioning of off-grid DC solar PV water pumping systems of 3 HP, 5 HP and 7.5 HP at identified farmers’ sites in districts of Maharashtra. It includes a complete system warranty, repair and maintenance, and a remote monitoring system for five years.
Order details
The company said the order was awarded by a domestic entity and does not fall within the purview of related party transactions. Neither the promoter, promoter group nor group companies have any interest in the entity that awarded the order.
Management comment
Vivek Gupta, Chairman and Managing Director, Oswal Pumps Limited, said: “The receipt of this additional order for 10,000 pumps from MSEDCL marks a significant milestone for Oswal Pumps and reaffirms the confidence our institutional partners continue to place in our capabilities. Maharashtra remains a key market for us, and this repeat order further reinforces our long-standing association with MSEDCL as we continue to support the State’s transition towards sustainable agricultural infrastructure.”
Earlier order
In September, Oswal Pumps secured an order from Telangana Renewable Energy Development Corporation Limited (TGREDCO) to develop 46,705 kW (46.7 MW) of on-grid rooftop solar photovoltaic (PV) capacity across 9,937 government schools in 33 districts of Telangana.
The featured photograph is for representation only.
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