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Oswal Pumps has received Letter of Empanelment/ Letter of Award from Maharashtra State Electricity Distribution Company (MSEDCL) for design, manufacture, supply, transport, installation, testing and commissioning of 13,738 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 3HP, 5 HP & 7.5 HP capacity at identified farmer’s site in District of Maharashtra, including complete system warranty and its repair and maintenance and Remote Monitoring System (RMS) for 5 years under PM Kusum B Scheme ‘Magel Tyala Saur Krushi Pump’ Yojana.

The total value of 13,738 SPWPS is around Rs 380 crore (including GST). The Letter of Empanelment/ Letter of Award is valid up to 1 year. The Installation is be completed within 60 days from the issuance of NTP/ Work Order/ JSR approval.

Oswal Pumps manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the ‘Oswal’ brand.

Oswal Pumps Share Price

423.00 3.30 (0.79%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1938.45
KSB 902.50
Shakti Pumps (I) 550.80
Elgi Equipments 612.55
Kirloskar Pneumatic 1951.10
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