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Shakti Pumps commences operations in Uganda to supply solar-powered water pumping system

12 Apr 2023 Evaluate

Shakti Pumps (India) has expanded its presence in another export market with the commencement of operations in Uganda and opened a branch office in the country to Supply Solar-powered Water Pumping System.

The company was awarded this order from the Government of Uganda represented by the Ministry of Water and Environment for supplying a solar-powered water pumping system in March 2021 at a total contract price of $35.30 million (exclusive of VAT) funded by India Exim Bank in Uganda.

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

Peers
Company Name CMP
Kirloskar Brothers 1745.00
Elgi Equipments 586.75
Shakti Pumps (India) 455.65
KSB 816.05
Oswal Pumps 262.85
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