Shakti Pumps Bags ₹71.25 Cr Solar Pump Order from MP Urja Vikas Nigam

Shakti Pumps India Ltd, a frontrunner in solar pump manufacturing, has clinched a substantial order under the government's PM-KUSUM scheme, highlighting its leadership in sustainable irrigation solutions amid India's green energy push.​

Key Highlights

Order Scope: Supply, installation, testing, and commissioning of 2,033 SPWPS pumps across Madhya Pradesh.​

Financials and Timeline: Valued at ₹71.25 crore (incl. GST); completion within 120 days; no related party ties.​

Client and Scheme: Awarded by Madhya Pradesh Urja Vikas Nigam Ltd under PM-KUSUM Component-B for off-grid solar systems.​

Strategic Value: Enhances order book visibility and aligns with national solar agriculture initiatives.​

This development reinforces Shakti Pumps' growth trajectory in renewables.​

Source: Corporate filing by Shakti Pumps India Ltd to BSE and NSE.​