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Oswal Pumps Limited Secures ₹119.92 Cr Solar Pump Order under PM-KUSUM B Scheme

(Image Courtesy: Oswal Pumps Ltd.)
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Karnal: Oswal Pumps Limited is pleased to announce that it has received an Order from Karnataka Renewable Energy Development Limited (KREDL) under the PM-KUSUM B Scheme for the supply and installation of 3,263 Off-Grid DC Solar Photovoltaic Water Pumping Systems, with a total order value of ₹119.92 crore (inclusive of GST).

The Order encompasses the design, manufacture, supply, installation, testing, and commissioning of solar water pumping systems in 3 HP, 5 HP, 7.5 HP, and 10 HP capacities. These systems will be installed at identified farmers’ locations across the state of Karnataka, supporting sustainable irrigation and promoting the adoption of renewable energy in the agricultural sector.

This Order further strengthens Oswal Pumps Limited’s position as a leading player in the solar pumping solutions segment and reflects the Company’s strong execution capabilities, manufacturing expertise, and commitment to India’s renewable energy and rural development initiatives.

Vivek Gupta, Chairman and Managing Director, Oswal Pumps Limited, said “This Order represents the Company’s first major and comprehensive project in Karnataka, marking an important milestone in expanding its geographic footprint. Oswal Pumps Limited is confident that successful execution of this project will further strengthen its presence in the state and enable deeper market penetration, paving the way for larger opportunities going forward.

The Order further underscores the Company’s proven capabilities in executing large-scale solar pumping projects, supported by robust in-house manufacturing, an established supply chain, and a comprehensive installation and after-sales service network. Oswal Pumps Limited’s consistent track record of timely and high-quality project execution continues to reinforce its standing in public sector renewable energy programs.”

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