Shakti pumps (India) Limited has secured its third order from the state of Jharkhand, strengthening its position in the renewable energy sector. The Jharkhand Renewable Energy Development Agency has awarded a work order for 1,000 stand-alone off-grid solar photovoltaic water pumping systems (SPWPS) to be installed at various locations across the state under Component-B of the PM-KUSUM scheme.

Order Details and Specifications

The comprehensive order encompasses the complete project lifecycle from design to commissioning. The following table outlines the key parameters of this significant contract:

Scope of Work

The order requires Shakti Pumps to handle multiple aspects of the project implementation:

• Design and manufacture of solar photovoltaic water pumping systems
• Supply and transport of equipment to various locations
• Installation and testing of all systems
• Commissioning of the complete setup

The systems will be deployed as stand-alone off-grid solutions, making them suitable for remote areas where grid connectivity may be limited or unavailable.

Project Timeline and Implementation

The company has committed to complete the entire project within 120 days from the date of Notice to Proceed (NTP). This timeline covers all phases from manufacturing to final commissioning of the 1,000 solar water pumping systems across various locations in Jharkhand.

Regulatory Compliance

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this order does not involve any related party transactions, and there is no interest from promoters or group companies in the awarding entity.

This third order from Jharkhand demonstrates the continued trust of state agencies in Shakti Pumps' capabilities in the solar water pumping segment and reinforces the company's growing presence in India's renewable energy infrastructure development.

Shakti Pumps India has announced a major order win worth ₹21 crore from the Jharkhand Renewable Energy Development Agency. The order involves the supply of 1,000 solar water pumps, marking a significant business development for the company in the renewable energy sector.

Order Details and Timeline

The contract specifications highlight the scale and urgency of this renewable energy initiative:

Strategic Significance

This order represents a substantial business opportunity for Shakti Pumps India in the growing solar water pump market. The 120-day completion timeline indicates the Jharkhand Renewable Energy Development Agency's commitment to rapidly expanding renewable energy infrastructure across the state.

Market Impact

The order reinforces Shakti Pumps India's position as a key player in the solar water pump segment. With the increasing focus on renewable energy solutions and sustainable agriculture practices, such orders demonstrate the company's ability to secure significant contracts from government agencies and contribute to India's renewable energy goals.