Oswal Pumps Secures MSEDCL Order Worth ₹236 Crore.
Oswal Pumps Limited, one of India’s fastest-growing, vertically integrated solar pump manufacturing companies, declared that,
The Company has received an order from Maharashtra State Electricity Distribution Company Ltd (MSEDCL), a domestic entity. Source: BSE.
Order Details
According to the BSE filing, Oswal Pumps has received an additional order from MSEDCL for the supply and installation of 10,000 off-grid solar photovoltaic water pumping systems.
The Order encompasses the Design, Manufacture, Supply, Transport, Installation, Testing, and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) with capacities of 3 HP, 5 HP & 7.5 HP.
According to the company spokesperson, these systems will be installed at identified farmers’ sites in the District of Maharashtra, with a complete system warranty, repair and maintenance, and a Remote Monitoring System (RMS) for 5 years.
The Company has secured this order under the PM Kusum B Scheme “Magel Tyala Saur Krishi Pump” Yojana.
Order Value
The total value of this additional order is INR 235.92 Crore (Rupees Two Hundred Thirty-five Crore and Ninety-two Lac Only), including GST.
Time Duration
The Installation is to be completed within 60 days from the date of issuance of the Notice to Proceed (NTP)/Work Order.
Refer to oswal pumps latest news for further details.
Management View
Commenting on the order, Vivek Gupta, Chairman and Managing Director, Oswal Pumps Limited, said –
We are delighted to receive this additional order for 10,000 solar pumps, which reflects the strong and enduring partnership we have built with MSEDCL, driving Maharashtra’s solar irrigation mission.
This repeat order underscores the trust our customers place in Oswal Pumps and stands as a testament to our consistent execution, timely deliveries, and unwavering commitment to quality across every project we undertake.
With this latest award, our cumulative order book under various solar pumping schemes continues to expand, further reinforcing Oswal Pumps’ position as one of India’s leading partners for large-scale solar water pumping solutions.
Company Overview & Others
Market Cap: Oswal Pumps Ltd has a total market capitalization of ₹4,845 crore as of July 6, 2026, according to the NSE data.
Technical: The stock is currently trading above its 20-day, 50-day, and 100-day simple moving averages (SMAs).
Price Performance: On a year-to-date basis, Oswal Pumps’ share has declined by 19.20% and increased by 30% over the last three-month period. However, the company’s shares have been trading 3% higher over the last month.
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