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CA Barkha Kamra

4th Jul · SEBI-Registered Analyst

Shakti pumps

* ⁠Major order win: Shakti Pumps (India) has received a Letter of Empanelment from the Maharashtra State Electricity Distribution Company (MSEDCL) to supply 15,000 off-grid solar water pumping systems under the Magel Tyala Saur Krushi Pump Yojana, with the order valued at ~₹353.89 crore (including GST). * Execution & impact: The order is to be executed within 60 days from the issuance of the work order/notice to proceed, strengthening Shakti Pumps’ order book and reinforcing its leadership in the government-backed solar irrigation pump segment. $SHAKTIPUMP

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