Oswal Pumps Share Price Gains Over 2% on Securing Order Worth ₹180 Crore for Solar Water Pumping Systems from MSEDCL

Oswal Pumps Limited has announced a significant development in its business operations, having secured a ₹180 crore order from the Maharashtra State Electricity Distribution Company Limited (MSEDCL).  

This order involves the supply and installation of 6,500 Off-Grid DC Solar Photovoltaic Water Pumping Systems under the PM Kusum B Scheme. 

Details of the Order 

The order from Maharashtra State Electricity Distribution Company Limited is a substantial one, involving 6,500 solar water pumping systems.  

These systems are to be designed, manufactured, supplied, transported, installed, tested, and commissioned at various farmer sites across Maharashtra.  

The systems will include capacities of 3HP, 5HP, and 7.5HP, ensuring a wide range of utility for different agricultural needs. 

Contract Terms and Execution Timeline 

The contract stipulates a comprehensive service package, including a complete system warranty and repair and maintenance services for 5 years.  

Additionally, a Remote Monitoring System (RMS) will be implemented to ensure efficient operation and maintenance. The Letter of Empanelment is valid for 1 year, with installation to be completed within 60 days from the issuance of the necessary approvals. 

Financial Implications and Commercial Considerations 

The total value of the order is approximately ₹180 crore, inclusive of GST. This order is a significant addition to Oswal Pumps' portfolio, reflecting the company's growing presence in the renewable energy sector. The transaction does not involve any related party interests, ensuring transparency and adherence to regulatory norms. 

Read More: Saatvik Green Energy Share Price in Focus as its Unit Bags ₹486 Crore Order for Solar PV Modules! 

Regulatory Compliance and Disclosure 

Oswal Pumps has adhered to the necessary regulatory requirements by disclosing this order under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure ensures that stakeholders are informed of significant developments that may impact the company's operations and financial performance. 

Oswal Pumps Share Price Performance  

As of December 24, 2025, at 9:45 AM, Oswal Pumps share price on NSE was trading at ₹541.25 up by 2.08% from the previous closing price. 

Conclusion 

The awarding of this order to Oswal Pumps marks a notable achievement in the company's operations, highlighting its capabilities in the solar energy sector. The successful execution of this contract will further solidify Oswal Pumps' position as a key player in the market for solar water pumping solutions. 

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