Crompton Greaves Secures ₹287.18 Crore Solar Water Pumping Systems Contract from MSEDCL
Crompton Greaves Consumer Electricals Limited has secured a ₹287.18 crore contract from MSEDCL for 1,214 solar water pumping systems under the PM-KUSUM scheme across Maharashtra. The EPC project involves complete design, manufacture, supply, installation, testing and commissioning of solar water pumping systems with PV modules, to be executed within 60 days of receiving the Notice to Proceed.

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Crompton Greaves Consumer Electricals Limited has announced securing a major contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) worth ₹287.18 crores for solar water pumping systems. The order was disclosed on December 11, 2025, in compliance with SEBI listing regulations.
Contract Details and Scope
The comprehensive EPC (Engineering, Procurement, and Construction) contract encompasses the design, manufacture, supply, installation, testing, and commissioning of Solar Water Pumping Systems (SWPS) with photovoltaic modules. The project falls under the MTSKPY/PM-KUSUM scheme and will be implemented across various locations throughout Maharashtra state.
| Parameter: | Details |
|---|---|
| Order Value: | ₹287.18 crores (excluding GST) |
| Number of Systems: | 1,214 Solar Water Pumping Systems |
| Client: | Maharashtra State Electricity Distribution Company Limited |
| Scheme: | MTSKPY/PM-KUSUM |
| Coverage Area: | Various locations across Maharashtra |
Project Timeline and Execution
The contract stipulates completion within 60 days from the date of issue of Notice to Proceed (NTP) or work order. This tight timeline reflects the urgency of the renewable energy initiative and demonstrates the company's capability to handle large-scale solar infrastructure projects efficiently.
Regulatory Compliance and Transparency
The order disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this is a domestic contract with no promoter or group company interests involved, and it does not constitute a related party transaction.
| Compliance Aspect: | Status |
|---|---|
| Entity Type: | Domestic |
| Promoter Interest: | No |
| Related Party Transaction: | No |
| Execution Timeline: | Within 60 days from NTP |
Strategic Significance
This substantial order reinforces Crompton Greaves' position in the renewable energy sector, particularly in solar water pumping solutions. The PM-KUSUM scheme is a central government initiative aimed at providing energy security to farmers while contributing to India's renewable energy targets. The contract demonstrates the company's technical capabilities in solar technology integration and its ability to secure significant government contracts in the clean energy space.
Historical Stock Returns for Crompton Greaves
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.03% | -2.31% | -9.67% | -26.08% | -37.43% | -21.72% |















































