Oswal Pumps Limited has officially informed the stock exchanges regarding a significant new contract win under Regulation 30 of the SEBI Listing Regulations. The company has received a Letter of Empanelment for the execution of solar water pumping projects in the state of Maharashtra.

The order was awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and involves the supply of 6,896 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). Valued at approximately Rs. 162.06 Crore inclusive of GST, the project falls under the PM Kusum B Scheme “Magel Tyala Saur Krishi Pump” Yojna. The scope of work includes the design, manufacture, installation, and commissioning of pumps with capacities of 3HP, 5HP, and 7.5HP, along with a 5-year remote monitoring and maintenance guarantee. The installation for specific sites must be completed within 60 days of the notice to proceed.

Oswal Pumps Limited is a Haryana-based, ISO-certified manufacturer specializing in a wide range of solar, submersible, and centrifugal pumps, as well as electric motors and cables. Operating from its registered office in Karnal, the company has evolved into a vertically integrated player in the solar energy space. In recent 2025 updates, the company has focused on expanding its footprint in the agricultural sector by participating in large-scale government empanelment schemes aimed at reducing carbon footprints and diesel dependency for Indian farmers.

The company continues to demonstrate robust growth within the industrial and agricultural machinery sectors. While specific quarterly financial figures for the very latest period were not detailed in this specific award notice, the company’s ability to secure a Rs. 162.06 Crore order reflects its strong market positioning and operational scale. The company is led by Chairman and Managing Director Mr. Vivek Gupta, who emphasizes the firm’s commitment to energy self-sufficiency in India.