Oswal Pumps has received Letter of Empanelment from Maharashtra State Electricity Distribution Company for additional 6,500 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) which is to be executed within 1 year under the PM Kusum B Scheme ‘Magel Tyala Saur Krishi Pump’ Yojna. The total value of 6,500 SPWPS is around Rs 180 crore (including GST).
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.