The Maharashtra State Electricity Distribution Company (MSEDCL) has awarded Shakti Pumps (India) a contract worth Rs 443.78 crore to supply and construct 16,025 off-grid DC solar photovoltaic water pumping systems throughout the state.
The pumps, which have 3 HP, 5 HP, and 7.5 HP capacities, will be used under the Magel Tyala Saur Krushi Pump Yojana and the PM Kusum B Scheme, according to the company’s regulatory filing on Thursday.
The project’s overall cost, including GST, is Rs 443.78 crore. The amount of the work order, minus GST, is Rs 407.51 crore. The design, production, supply, transportation, installation, testing, and commissioning of the solar-powered pumping systems are all included in the scope of work.
After the work order or Notice to Proceed (NTP) is issued, Shakti Pumps has sixty days to complete the entire order. The business made it clear that the awarding organization has no promoter or related-party interest.
