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Shakti Pumps (India) receives LoE worth Rs 112.18 crore from MSEDCL

06 Oct 2026 Evaluate

Shakti Pumps (India) has received a Letter of Empanelment (LoE) worth around Rs 112.18 crore (inclusive of GST) from Maharashtra State Electricity Distribution Company (MSEDCL). The LoE is for 4,755 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 order 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 1732.35
Elgi Equipments 595.90
Shakti Pumps (India) 448.45
KSB 805.35
Oswal Pumps 266.80
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