Oswal Pumps Wins Rs 4.42 Billion Solar Pump Order in Maharashtra
POWER & RENEWABLE ENERGY

Oswal Pumps Wins Rs 4.42 Billion Solar Pump Order in Maharashtra

Oswal Pumps has secured an order worth Rs 4.42 billion from Maharashtra State Electricity Distribution Company (MSEDCL) for the supply, installation, testing, and commissioning of 14,787 solar water pumping systems across the state.

The order, awarded under the PM-KUSUM B Scheme/Magel Tyala Saur Krushi Pump Yojana, includes off-grid direct current pumping systems at identified farmers’ sites. The letter of award is valid for one year, with installations to be completed within 60 days of the issuance of work orders or necessary approvals.

Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme aims to promote renewable energy in agriculture. The programme includes three components—Component A for 10,000 MW of small solar power plants, Component B for 14 lakh standalone solar-powered agriculture pumps, and Component C for 35 lakh grid-connected solarised agriculture pumps. Initially targeted for completion by 2022, the scheme has been extended until March 2026 due to pandemic-related delays.

News source: Business Standard

Oswal Pumps has secured an order worth Rs 4.42 billion from Maharashtra State Electricity Distribution Company (MSEDCL) for the supply, installation, testing, and commissioning of 14,787 solar water pumping systems across the state.The order, awarded under the PM-KUSUM B Scheme/Magel Tyala Saur Krushi Pump Yojana, includes off-grid direct current pumping systems at identified farmers’ sites. The letter of award is valid for one year, with installations to be completed within 60 days of the issuance of work orders or necessary approvals.Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme aims to promote renewable energy in agriculture. The programme includes three components—Component A for 10,000 MW of small solar power plants, Component B for 14 lakh standalone solar-powered agriculture pumps, and Component C for 35 lakh grid-connected solarised agriculture pumps. Initially targeted for completion by 2022, the scheme has been extended until March 2026 due to pandemic-related delays.News source: Business Standard

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->