Oswal Pumps Secures ₹235.92 Cr Order for 10,000 Solar Pumps from MSEDCL
Oswal Pumps Limited received an additional order worth ₹235.92 crore from MSEDCL for 10,000 solar water pumping systems. The order is to be executed within 60 days under the PM Kusum B Scheme. This contract reinforces Oswal Pumps' position in the solar pumping solutions market.
The order value of ₹235.92 crore is substantial and directly contributes to the company's revenue and order book, indicating a high impact on its financial performance.
The company has secured a significant new order, which is a positive development for its business growth and market position.
Oswal Pumps Limited announced on July 4, 2026, that it has received an additional order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The total value of this order is approximately ₹235.92 crore, including GST, and is to be executed within 60 days under the PM Kusum B Scheme “Magel Tyala Saur Krishi Pump” Yojna.
The scope of work involves the design, manufacture, supply, transport, installation, testing, and commissioning of SPWPS with 3HP, 5HP, and 7.5HP capacities at identified farmer sites in Maharashtra. The contract also includes a 5-year warranty, repair, maintenance, and a Remote Monitoring System (RMS).
Vivek Gupta, Chairman and Managing Director of Oswal Pumps Limited, expressed delight at receiving this repeat order, highlighting the strong partnership with MSEDCL and the company's consistent execution and quality. He noted that this award further expands the company's order book under various solar pumping schemes, reinforcing its position as a leading provider of solar water pumping solutions in India.
What to do with a filing like this
Oswal Pumps 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 high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Oswal Pumps Limited. Read the original for the full detail.