Oswal Pumps Secures ₹180 Crore Solar Pump Order from Maharashtra Board
Oswal Pumps Limited has received a substantial ₹180 crore order from Maharashtra State Electricity Distribution Company Limited for 6,500 off-grid DC solar photovoltaic water pumping systems. The project includes systems of 3 HP, 5 HP and 7.5 HP capacities to be installed at identified farmer sites across Maharashtra districts under the PM KUSUM B Scheme, with comprehensive 5-year warranty and remote monitoring support.
*this image is generated using AI for illustrative purposes only.
Oswal Pumps Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for an additional 6,500 off-grid DC solar photovoltaic water pumping systems worth approximately ₹180.00 crores. The company disclosed this significant order award on December 24, 2025, under Regulation 30 of SEBI listing obligations.
Project Specifications and Scope
The comprehensive project involves the design, manufacture, supply, transport, installation, testing and commissioning of off-grid DC solar photovoltaic water pumping systems across Maharashtra districts. The systems include multiple capacity variants to meet diverse agricultural requirements.
| Parameter | Details |
|---|---|
| Order Value | ₹180.00 crores (including GST) |
| Number of Systems | 6,500 units |
| System Capacities | 3 HP, 5 HP & 7.5 HP |
| Installation Locations | Identified farmer sites across Maharashtra districts |
| Warranty Period | 5 years complete system warranty |
| Remote Monitoring | Included for all systems |
Implementation Timeline and Framework
The project operates under the PM KUSUM B Scheme - Magel Tyala Saur Krishi Pump Yojana, a government initiative promoting solar-powered agricultural equipment. The Letter of Empanelment remains valid for one year, with specific installation timelines for individual systems.
| Timeline Aspect | Duration |
|---|---|
| Empanelment Validity | 1 year |
| Installation Period | 60 days from NTP/Work Order/JSR approval |
| Overall Project Completion | Within one year |
| Maintenance Support | 5 years post-installation |
Technical Features and Services
The solar water pumping systems are designed for off-grid operation, providing sustainable irrigation solutions for farmers without dependence on conventional electricity. The project includes comprehensive after-sales support with repair and maintenance services along with remote monitoring systems for optimal performance tracking.
Strategic Business Impact
This order represents a significant business development for Oswal Pumps Limited, reinforcing its position in Maharashtra's renewable energy infrastructure. The project aligns with the state's commitment to sustainable agricultural practices and demonstrates the company's capability to execute large-scale solar pump installations efficiently.
Historical Stock Returns for Oswal Pumps
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.02% | +1.08% | -5.29% | -14.08% | -13.17% | -13.17% |
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