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Oswal Pumps secures additional order worth Rs 235.92 crore from MSEDCL

06 Jul 2026 Evaluate

Oswal Pumps has received an additional order from Maharashtra State Electricity Distribution Company (MSEDCL) under the PM Kusum B Scheme ‘Magel Tyala Saur Krishi Pump’ Yojna for the supply and installation of 10,000 Off-Grid Solar Photovoltaic Water Pumping Systems, with a total order value of Rs 235.92 crore (inclusive of GST).

The order encompasses the design, manufacture, supply, installation, testing, and commissioning of solar water pumping systems in 3 HP, 5 HP and 7.5 HP capacities. These systems will be installed at identified farmers’ locations across the state of Maharashtra, supporting sustainable irrigation and promoting the adoption of renewable energy in the agricultural sector.

With this latest award, its cumulative order book under various solar pumping schemes continues to expand, further reinforcing Oswal Pumps' position as one of India's leading partners for large-scale solar water pumping solutions.

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

425.40 -0.75 (-0.18%)
07-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1854.20
KSB 924.60
Shakti Pumps (India) 595.70
Elgi Equipments 590.15
Kirloskar Pneumatic 1762.05
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