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Shakti Pumps secures Rs 155.24 crore off-grid SPWPS pumps order

30 Apr 2026 Evaluate

Shakti Pumps (India) has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company for design, manufacture, supply, transport, installation, testing and commissioning of 6,580 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana. The total value of the 6,580 pumps is around Rs 155.24 crore (inclusive of GST) which is to be executed within 60 days from the issuance of work order/Notice to Proceed (NTP).

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

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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