Oswal Pumps: Secures ₹235.92 Crore Order for Solar Water Pumps

Oswal Pumps Limited has announced the securing of an additional order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The total value of this order is approximately ₹235.92 crore, including GST. This significant award under the PM-KUSUM B Scheme highlights the company’s growing role in sustainable agricultural infrastructure.

Major Order Boost for Oswal Pumps

Oswal Pumps Limited has announced a significant expansion of its business with an additional order for 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The order was received from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) as part of the PM-KUSUM B Scheme, also known as the “Magel Tyala Saur Krishi Pump” Yojana.

Substantial Contract Value

The total value of this newly secured contract is approximately ₹235.92 crore, inclusive of Goods and Services Tax (GST). This substantial order is to be executed within a timeframe of 60 days from the issuance of the Notice to Proceed (NTP) or Work Order. The systems to be supplied include capacities of 3HP, 5 HP, and 7.5 HP, and the scope encompasses design, manufacture, supply, transport, installation, testing, and commissioning. Furthermore, the contract includes a complete system warranty and maintenance services for 5 years, along with a Remote Monitoring System (RMS).

Reinforced Partnership and Market Position

This repeat order from MSEDCL signifies a strengthened partnership and reflects continued execution momentum for Oswal Pumps in Maharashtra. The company views this as a milestone that reaffirms the confidence institutional partners place in its capabilities. Oswal Pumps is committed to timely execution and product reliability, aiming to enable the large-scale adoption of solar-powered irrigation solutions across India. Maharashtra is identified as a key market, and this order further solidifies the company’s association with MSEDCL in supporting the state’s transition towards sustainable agricultural infrastructure.

About Oswal Pumps Limited

Oswal Pumps is a prominent vertically integrated solar pump manufacturer with over two decades of experience in pump engineering and manufacturing. The company offers turnkey solar pumping systems and has established a strong presence in solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules under the ‘Oswal’ brand. It holds certifications including ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015, and is listed on the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM). With a robust pan-India distribution network and an expanding international footprint, Oswal Pumps caters to diverse needs in the agricultural, residential, and industrial sectors.

Source: BSE

Previous Article

Aether Industries: Q2 FY27 Revenue Growth Driven by CEM and CRAMS Verticals