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Shakti Pumps (India) gets advance worth $6 million from EXIM bank

27 Sep 2022 Evaluate

Shakti Pumps (India) has received advance worth $6 million from Export?Import Bank of India (EXIM bank) on behalf of the Government of Uganda represented by the Ministry of Water and Environment for supplying solar?powered water pumping system. The company will begin the project execution from October 2022. The company was awarded a contract in the month of March 2021 from the Government of Uganda for supply of solar powered water pumping systems at a contract price of $35.30 million exclusive of VAT. 

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.

Shakti Pumps (India) Share Price

589.70 9.00 (1.55%)
29-Jun-2026 16:01 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1956.95
KSB 948.95
Shakti Pumps (India) 589.70
Elgi Equipments 618.00
Kirloskar Pneumatic 1910.55
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