MoneyWorks4Me

KSB bags LoA worth Rs 49 crore under Magel Tyala Saur Krushi Pump Scheme

05 Apr 2025 Evaluate

KSB has received letter of award (LoA) under Magel Tyala Saur Krushi Pump Scheme of approximately Rs 49 crore from Maharashtra State Electricity Distribution Co.. The LoA is for Design, Manufacture, Supply, Transport, Installation, Testing & Commissioning of 2000 units of off-grid Solar Photovoltaic Water Pumping System (SPWPS). The sales/ supply of products/ services for these orders is expected from Q2 of  FY2025.

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


Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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