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Shakti Pumps (India) secures LoA worth Rs 114.58 crore

12 Jun 2025 Evaluate

Shakti Pumps (India) has received Letter of Award (LoA) from Maharashtra Energy Department Agency (MEDA) for 4500 Off-grid Solar Photovoltaic Water Pumping System (SPWPS) at various locations across the State of Maharashtra under MNRE Component-B of PM-KUSUM scheme. The total amount of the work order is for around Rs 114.58 crore (inclusive of GST). The order is to be executed within 90 days from the date of issuance of work order.

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


Shakti Pumps (I) Share Price

559.25 4.05 (0.73%)
21-Apr-2026 10:34 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1771.90
KSB 987.45
Shakti Pumps (I) 559.25
Elgi Equipments 550.70
Kirloskar Pneumatic 1359.65
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