Jain Irrigation Secures ₹117.96 Crore Empanelment from MSEDCL for 5,000 Solar Pumps
Jain Irrigation secured an empanelment worth ₹117.96 crore from MSEDCL for 5,000 solar pumps under the Magel Tyala Saur Krushi Pump Yojana. The project involves supply and installation and is to be completed within 60 days. This builds on their prior success with MSEDCL.
The order value of ₹117.96 crore is substantial and will contribute to the company's revenue, indicating a medium impact.
The company has secured a significant order, which is positive for its business and revenue prospects.
Jain Irrigation Systems Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply and installation of 5,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across Maharashtra. The total value of this empanelment is ₹117.96 crore, including GST.
This project is part of the Magel Tyala Saur Krushi Pump Yojana, a Maharashtra Government initiative focused on promoting solar-powered irrigation for farmers. Jain Irrigation will be responsible for the entire scope of work, including the design, manufacturing, supply, transportation, installation, testing, and commissioning of agricultural solar pumping systems with capacities of 3 HP, 5 HP, and 7.5 HP. The project is slated for completion within 60 days from its commencement.
This latest empanelment reinforces Jain Irrigation's long-standing relationship with MSEDCL in Maharashtra's solar irrigation sector. The company has a history of successful project execution with MSEDCL, including the Atal Solar Pump Project (5,039 pumps), Mukhyamantri Saur Krushi Pump Yojana (1,539 pumps), and the Magel Tyala Saur Krushi Pump Yojana (12,457 pumps valued at ₹307.62 crore). The addition of these 5,000 solar pumps further expands Jain Irrigation's footprint in the state's solar-powered agricultural infrastructure.
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Jain Irrigation Systems Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Jain Irrigation Systems Limited. Read the original for the full detail.