Shakti Pumps (India) Limited reports a new order or contract
In short
Shakti Pumps (India) Limited said it has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 4,755 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps. The total value of the 4,755 pumps is around Rs. 112.18 crores, inclusive of GST. In simple terms, the company has been approved to supply thousands of solar water pumps in Maharashtra, giving it a new order worth about Rs. 112.18 crores. No closing date or validity period was stated for the empanelment.
Why it matters
A new contract or order has been announced — the filing's stated order value (if any) is the number to check against the company's run-rate. This brief was written from the filing itself: at the time of writing, no publisher in our feed had covered it.