Shakti Pumps Wins ₹1.7 Billion Order from Madhya Pradesh Urja Vikas Nigam

Shakti Pumps (India) Limited has secured a new work order worth ₹1.70 billion from Madhya Pradesh Urja Vikas Nigam Limited, the company said in a regulatory filing.  The domestic order entails the supply of 4,840 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) for the entire state of Madhya Pradesh.

The company stated that the project falls under Component-B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme. Shakti Pumps must execute the order within a timeline of 120 days.