Shakti Pumps India Ltd receives LoA from MEDA for 4500 off-grid solar photovoltaic water pumping system

Shakti Pumps (India) Limited has received Letter of Award from Maharashtra Energy Department Agency (MEDA) for 4500 Off-grid Solar Photovoltaic Water Pumping System (SPWPS) at various locations across the State of Maharashtra under MNRE Component-B of PM-KUSUM scheme. The total amount of the work order is for around Rs. 114.58 Crores (inclusive of GST).

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 965.45 as compared to the previous close of Rs. 975.85. The total number of shares traded during the day was 82953 in over 2967 trades.

The stock hit an intraday high of Rs. 994.45 and intraday low of 957.55. The net turnover during the day was Rs. 80391538.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 LOA OrderWin PMKusumScheme MEDA OffGrid SolarPhotovoltaicWaterPumpingSystem