Oswal Pumps Limited has secured a major order worth ₹119.92 crores from Karnataka Renewable Energy Development Limited (KREDL) for solar agriculture pump sets under the PM-KUSUM B scheme. This significant contract marks the company's first comprehensive project in Karnataka state and represents a substantial expansion of its geographic presence in India's renewable energy sector.

Order Details and Scope

The comprehensive order encompasses the complete lifecycle management of solar pumping systems across Karnataka state. The project specifications demonstrate the scale and technical complexity of this renewable energy initiative.

Technical Specifications and Services

The order requires Oswal Pumps Limited to provide end-to-end solutions covering the entire project lifecycle. The company will handle design, manufacture, supply, transport, installation, testing, and commissioning of both surface and submersible solar agriculture pump sets at identified farmer locations throughout Karnataka state.

The project includes a comprehensive 5-year warranty covering complete system maintenance and repair services. Additionally, the company will implement a Remote Monitoring System (RMS) to ensure optimal performance and maintenance tracking across all installed units. This technological integration aligns with modern agricultural practices and supports efficient resource management for farmers.

Strategic Significance

According to Vivek Gupta, Chairman and Managing Director of Oswal Pumps Limited, this order represents the company's first major comprehensive project in Karnataka, marking an important milestone in expanding its geographic footprint. The successful execution of this project is expected to strengthen the company's presence in the state and enable deeper market penetration.

The order reinforces Oswal Pumps Limited's proven capabilities in executing large-scale solar pumping projects, supported by robust in-house manufacturing, established supply chain networks, and comprehensive installation and after-sales service infrastructure. The company's consistent track record of timely and high-quality project execution continues to strengthen its position in public sector renewable energy programs.

Regulatory Compliance

The order falls under the PM-KUSUM B scheme, which promotes sustainable irrigation and renewable energy adoption in the agricultural sector. Karnataka Renewable Energy Development Limited, being a domestic entity, has awarded this contract without any related party transactions or promoter group interests, ensuring transparent and arm's length dealings.

The project timeline requires completion of solar pump set installation and commissioning along with RMS integration by March 31, 2026, following Ministry of New and Renewable Energy (MNRE) stipulated guidelines. This aggressive timeline demonstrates Oswal Pumps Limited's confidence in its execution capabilities and project management expertise.

Oswal Pumps Limited has secured a major order worth ₹119.92 crore from Karnataka Renewable Energy Development Limited (KREDL) for solar agriculture pump sets under the PM-KUSUM B scheme. This significant contract marks the company's first comprehensive project in Karnataka and represents a substantial expansion of its geographic footprint in India's renewable energy sector.

Order Details and Specifications

The comprehensive order encompasses 3,263 solar agriculture pump sets distributed across different categories and capacities:

Project Scope and Timeline

The project involves comprehensive services including design, manufacture, supply, transport, installation, testing, and commissioning of solar water pumping systems at identified farmer locations across Karnataka. The contract includes complete system warranty, repair and maintenance services, and Remote Monitoring System (RMS) integration for five years.

Strategic Significance

According to Mr. Vivek Gupta, Chairman and Managing Director of Oswal Pumps Limited, this order represents the company's first major and comprehensive project in Karnataka, marking an important milestone in expanding its geographic footprint. The successful execution of this project is expected to strengthen the company's presence in the state and enable deeper market penetration.

The order underscores Oswal Pumps Limited's proven capabilities in executing large-scale solar pumping projects, supported by robust in-house manufacturing, established supply chain, and comprehensive installation and after-sales service network.

Company Background

Oswal Pumps Limited is positioned as one of India's fastest-growing, vertically integrated solar pump manufacturers with over two decades of experience in pump engineering and manufacturing. The company operates as a fully integrated provider of turnkey solar pumping systems and maintains a strong presence across solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules.

The company holds ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certifications and is listed under the Ministry of New and Renewable Energy's Approved List of Models and Manufacturers (ALMM). With a pan-India distribution network and growing international footprint, Oswal Pumps continues to serve diverse requirements across agricultural, residential, and industrial sectors.