Latteys Industries Limited has been awarded a ₹187.39 crore contract by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and commissioning of 7,369 off-grid DC solar water pumping systems. The project, to be executed by December 2026, marks a major step in rural solar infrastructure deployment.
Latteys Industries Limited has announced a significant contract win from MSEDCL, reinforcing its position in India’s renewable energy and water management sector. The order involves the design, manufacture, supply, transport, installation, testing, and commissioning of thousands of solar-powered water pumps across Maharashtra’s rural landscape.
Key Highlights:
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Contracting Entity: Maharashtra State Electricity Distribution Company Limited (MSEDCL).
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Project Scope: Deployment of 7,369 off-grid DC solar photovoltaic water pumping systems.
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Contract Value: Approximately ₹187.39 crore (exclusive of GST).
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Execution Timeline: Completion targeted by December 2026.
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Nature of Contract: Domestic order with no related party involvement.
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Strategic Impact: Supports government’s push for sustainable irrigation and rural electrification.
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Compliance Note: No promoter or group company interest in the awarding entity; not classified as a related party transaction.
This contract aligns with India’s broader renewable energy goals and rural development initiatives, positioning Latteys Industries as a key player in decentralized solar infrastructure.
Sources: Latteys Industries Ltd Regulatory Filing, MSEDCL Contract Disclosure