Shakti Pumps Wins ₹356.77 Cr Solar Pump Order in Maharashtra

Shakti Pumps is in focus after securing a ₹356.77 crore order (including GST) for the supply of 12,883 off-grid DC solar water pumps in Maharashtra. The order has been awarded under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM-B, a key government scheme aimed at promoting solar-powered irrigation and reducing dependence on grid electricity and diesel. Order details: Quantity: 12,883 solar pumps Pump ratings: 3 HP, 5 HP & 7.5 HP Execution timeline: 60 days Scope: End-to-end — design, manufacturing, supply, installation, testing, and commissioning Why this matters for investors: Strengthens order book visibility in the renewable energy segment Fast execution cycle supports near-term revenue recognition Reinforces Shakti Pumps’ leadership in solar irrigation solutions Aligns with government push toward clean energy and sustainable agriculture With continued policy support under PM KUSUM and rising adoption of solar pumps across rural India, such orders can drive consistent growth for companies operating in this space.