Oswal Pumps Wins ₹180 Cr Solar Pump Order Under PM KUSUM Scheme

Oswal Pumps has secured a ₹180 crore order (including GST) for supplying 6,500 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the PM KUSUM-B scheme, specifically the ‘Magel Tyala Saur Krishi Pump’ Yojana. Order details: Quantity: 6,500 solar pumping systems Capacities: 3 HP, 5 HP, and 7.5 HP Execution period: 1 year Installation timeline: Within 60 days of NTP / Work Order Warranty: 5 years Technology: Includes Remote Monitoring System (RMS) Why this matters for investors: Strengthens order book visibility in the solar irrigation segment Faster installation cycle supports timely revenue recognition RMS and warranty enhance product value and after-sales stickiness Aligns with the government’s push for solar-powered agriculture and rural electrification With continued policy support under PM KUSUM and rising adoption of solar pumps across states, Oswal Pumps remains well-positioned to benefit from sustained demand in the clean energy–agriculture intersection.