MoneyWorks4Me

Shakti Pumps India bags contract worth Rs 2.83 crore for solar project

08 Aug 2013 Evaluate

Shakti Pumps India has received a rate contract with Rajasthan Electronics & Instruments, a ‘Mini Ratna’ PSU for 900 pumps with order value Rs 2.83 crore for the solar project.

Shakti Pumps was incorporated to manufacture submersible pumps and electric control panels. The company is engaged in the business of manufacturing of submersible pumps along with submersible motors and associated controls panels under the name ‘Shakti’.

Peers
Company Name CMP
Kirloskar Brothers 1785.00
Elgi Equipments 618.50
Shakti Pumps (India) 493.65
KSB 802.95
WPIL 435.00
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