MoneyWorks4Me

KSB secures letter of award worth RS 25.34 crore

17 May 2025 Evaluate

KSB has received letter of award (LoA) under PM-Kusum Scheme under Component B of around Rs 25.34 crore for 1161 solar water pumping systems from New & Renewable Energy Department Haryana & HAREDA. The sales/ supply of products/ services for these orders is expected from Q2FY2025.

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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