Shakti Pumps has secured a landmark contract valued at ₹754.30 crore, including GST, from the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The project encompasses the design, manufacture, supply, transport, installation, testing, and commissioning of 25,000 standalone off-grid DC solar photovoltaic water pumping systems under the ambitious Magel Tyala Saur Krushi Pump Scheme.
This large-scale initiative aims to promote sustainable agriculture by providing solar-powered water pumps to farmers in Maharashtra, reducing dependency on conventional energy sources. The project highlights the government’s commitment to renewable energy adoption and supporting the agricultural sector.
Shakti Pumps is expected to complete the project within a stringent timeline of 60 days from the issuance of the Notice to Proceed (NTP) or the Joint Site Report (JSR) approval by the respective circle offices. The rapid execution timeline underscores the company’s expertise in delivering complex renewable energy projects on schedule.