MoneyWorks4Me

KSB bags LoA worth Rs 14 crore under PM-Kusum Scheme

05 Apr 2025 Evaluate

KSB has received letter of award (LoA) under PM-Kusum Scheme under Component B of around Rs 14 crore from Tripura Renewable Energy Development Agency. The LoA is for design, manufacture, supply, transport, installation, testing & commissioning of 962 nos of off-grid solar photovoltaic water pumping system (SPWPS). The sales/ supply of products/ services for these orders is expected from Q2 2025.

KSB is one of the world’s leading manufacturers of pumps and industrial valves.

Peers
Company Name CMP
Kirloskar Brothers 1685.70
Elgi Equipments 577.00
Shakti Pumps (India) 423.90
KSB 779.40
Oswal Pumps 249.50
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