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Oswal Pumps secures additional order worth Rs 235.92 crore from MSEDCL

30 Oct 2026 Evaluate

Oswal Pumps has secured a further order from Maharashtra State Electricity Distribution Company (MSEDCL) under the PMKUSUM B Scheme ‘Magel Tyala Saur Krishi Pump’ Yojana 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 installation is be completed within 60 days from the date of issuance of Notice to Proceed (NTP)/ work order. The repeat order reinforces the company’s association with MSEDCL, reflecting continued execution momentum in Maharashtra.

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.

Peers
Company Name CMP
Kirloskar Brothers 1698.00
Elgi Equipments 547.90
Shakti Pumps (India) 357.40
KSB 652.10
Oswal Pumps 225.15
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