Oswal Pumps Limited, one of India’s fastest-growing, vertically integrated solar pump manufacturer companies, on Monday, 02 March 2026, announces that,

Oswal Solar Energy Private Limited, a wholly owned subsidiary of Oswal Pumps, has secured a major business order from M/s Swashakthi Energy, a domestic entity, for the supply of rooftop solar (RTS) systems. Source: BSE

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Order Details

This newly received order includes the Design, Engineering, Supply, Installation, Testing, and Commissioning of a total capacity of 7.46 MWp of Grid-Connected Rooftop Solar Plants, along with operation and maintenance (O&M).

These systems will be installed for 3,729 SC & ST consumers through Utility Led Aggregation Mode under “Pradhan Mantri Surya Ghar Muft Bijli Yojana” across the Puttaparthy and Pulivendula divisions under APSPDCL in Andhra Pradesh, India.

With this new project, Oswal Pumps takes an important step forward in expanding its presence into solar energy solutions and supporting the nation’s sustainable growth ambitions, the company spokesperson added.

Oswal Pumps Limited Secures Solar Order from Swashakthi Energy

Order Value

The total contract value of the newly received order is ₹39.40 Crores (Rupees Thirty-nine Crore Forty Lakh Only), including GST.

Duration

The contract period is up to 5 years from the date of installation & commissioning of rooftop systems.

Check oswal pumps news for further information.

Management Speech –

Commenting on the order, Mr. Vivek Gupta, Chairman and MD of the company, said

This order paves the way for the Company to participate in the Government of India’s PM Surya Ghar: Muft Bijli Yojana, marking an important milestone in our commitment to advancing India’s renewable energy transition.

We are confident that the successful execution of this project will strengthen our presence in the rooftop solar segment, enable deeper market penetration, diversifies our product and market segment, and opens the door to larger opportunities in the future.

Oswal Pumps Limited’s consistent track record of timely execution and high-quality delivery across public sector renewable energy programs continues to reinforce our credibility.

The company’s market capitalization is ₹3,500 Cr.

The stock is currently trading below its 20-day, 50-day, and 100-day SMA.

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