Shakti Pumps has secured a major order from Maharashtra State Electricity Distribution Company Limited (MSEDCL), marking a significant milestone in the company's solar pump business segment. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting its accelerated order momentum in December 2025.

Order Details and Specifications

The comprehensive order encompasses 12,883 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana/PM Kusum B Scheme. The following table summarizes the key parameters of this major contract:

Exceptional Order Momentum

This latest order represents part of an extraordinary winning streak for Shakti Pumps, with the company securing approximately ₹900.00 crores in new orders over the past 15 days. The consecutive order inflows include multiple wins from MSEDCL, Madhya Pradesh, Jharkhand, and other states, demonstrating strong demand visibility and a healthy pipeline of opportunities across various regions.

Guinness World Record Achievement

Shakti Pumps' execution capabilities were further validated through its role as the leading contributor in Maharashtra's Guinness World Record attempt. The company installed 8,846 SPWPS in a single month as part of the state's achievement of 45,911 solar water pump installations, representing one of the fastest and largest renewable irrigation rollouts globally.

Strategic Market Position

This order significantly strengthens Shakti Pumps' order book, reinforcing the company's leadership position in the solar pump market. The contract under the PM Kusum B Scheme highlights the growing adoption of solar-powered pumping solutions in Maharashtra's agricultural sector. The off-grid DC solar pump systems are particularly suited for rural and remote areas where conventional electricity supply may be limited or unreliable.

Management Commentary

Mr. Dinesh Patidar, Chairman of Shakti Pumps, commented on this achievement: "The recent series of large orders, including today's ₹356.77 crores order reflects strong demand momentum and validates our execution capabilities. These wins significantly strengthen our order book and provide clear revenue visibility. Our leadership in Maharashtra and active participation in tenders across multiple states provide a clear runway for growth."

The successful acquisition of this significant order underscores Shakti Pumps' competitive edge in the solar pump industry and its ability to secure large-scale government projects consistently. With a robust order book and healthy pipeline, the company remains well-positioned for sustained growth in the renewable energy sector.

Shakti Pumps (India) Limited has announced a major order win worth ₹71.25 crores from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for the supply of solar water pumping systems. This significant contract, awarded under Component-B of the PM-KUSUM scheme, underscores the company's strong position in India's renewable energy infrastructure sector.

Order Details and Specifications

The comprehensive order encompasses the supply of 2,033 stand-alone off-grid DC solar photovoltaic water pumping systems to be deployed across the entire state of Madhya Pradesh. The project details are outlined below:

Project Scope and Execution

The work order includes design, manufacture, supply, transport, installation, testing and commissioning of the solar photovoltaic water pumping systems. Shakti Pumps has committed to completing the entire project within 120 days, indicating an aggressive timeline for manufacturing, supply, and installation across the state.

Regulatory Compliance and Disclosure

The company has made this announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The order represents an arm's length transaction with no promoter or group company interest in the awarding entity, ensuring complete transparency in the business relationship.

Strategic Significance

This order represents a substantial addition to the company's order book and demonstrates its competitive strength in the solar water pumping segment under the government's PM-KUSUM initiative. The project will contribute to Madhya Pradesh's renewable energy initiatives and sustainable water management infrastructure, particularly benefiting the agricultural sector across the state.

The order from MPUVNL validates Shakti Pumps' technical capabilities and reliability in delivering large-scale solar pumping solutions under prestigious government schemes, positioning the company for future opportunities in the expanding solar water pumping market.