Shakti Pumps bags Rs 71.25 Cr order from MP Urja Vikas Nigam under PM-KUSUM
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Shakti Pumps has received a work order worth around Rs 71.25 Crores (inclusive of GST) from Madhya Pradesh Urja Vikas Nigam Limited for 2,033 stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems covering Madhya Pradesh under Component-B of the central government PM-KUSUM scheme. The work involves design, manufacture, supply, transport, installation, testing and commissioning, and must be executed within 120 days.
Government-backed solar pump order adds near-term revenue visibility; full execution required within 120 days.