Announced Mon, 13 Jul · 19:20 IST

Captain Polyplast wins Rs 23.6 Cr solar pump order from MSEDCL

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF

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₹72.21

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AI summary

Captain Polyplast Ltd got an order worth Rs 23.6 Crore (incl GST) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) for 1,000 solar water pumping systems (3HP, 5HP and 7.5HP) under the PM KUSUM B Scheme. Work covers design, manufacture, supply, installation, testing, commissioning at farmer sites in Maharashtra, with 5-year warranty and remote monitoring. Installation to be done within 60 days. The order is about 5.6 percent of FY26 total income of Rs 419.75 Crore, strengthening its solar EPC order book and near-term revenue visibility.

Likely market impact

Boosts solar EPC order book and near-term revenue visibility. Order is about 5.6 percent of FY26 revenue. Positive for the solar EPC growth outlook.