Shakti Pumps (India) Limited has informed the Exchange about our earlier communication dated 12th August, 2025 and and 28th August, 2025, regarding the Letter of Empanelment from MSEDCL for supply and installation of 34720 SPWPS,the portal was opened for a second tranche of 12,451 SPWPS, which were again fully selected by farmers. This tranche is valued at approximately Rs. 347.41 Crores (inclusive of GST).
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Awaiting price reaction for this filing.
Shakti Pumps has received a second tranche order of 12,451 Solar Photovoltaic Water Pumping Systems (SPWPS) from Maharashtra's state power distribution company MSEDCL. All units in this tranche were fully selected by farmers. The order is valued at approximately Rs. 347.41 Crores (inclusive of GST). This is part of a larger empanelment of 34,720 SPWPS announced earlier in August 2025, where farmers select the vendor through a portal. The order strengthens the company's order book in the solar pump segment under government-backed schemes.
Positive for the company — a Rs. 347 Crore order from a state government utility significantly boosts revenue visibility and indicates strong demand for its solar pumps. Should support stock sentiment in the short term given the order size relative to its overall business.