Shakti Pumps Limited has received a domestic letter of award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the supply, installation, testing, and commissioning of 445 off grid solar photovoltaic water pumping systems under component-B of the PM-KUSUM scheme.
The total value of the contract is approximately Rs 1.24 billion. The systems will be deployed at various locations across Maharashtra, and the scope of work includes design, manufacturing, supply, transportation, installation, testing, and commissioning. The execution timeline is within 120 days from the date of the work order.