Shakti Pumps India Ltd receives empanelment letter from MSEDCL

Shakti Pumps (India) Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited for 16,025 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana /PM Kusum B Scheme. The total value of the 16025 pumps is around Rs. 443.78Crores (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.

Shares of Shakti Pumps (India) Limited was last trading in BSE at Rs. 550.95 as compared to the previous close of Rs. 572.35. The total number of shares traded during the day was 94226 in over 5530 trades.

The stock hit an intraday high of Rs. 580.95 and intraday low of 549.00. The net turnover during the day was Rs. 53003463.00.

Source : Equity Bulls

Keywords

ShaktiPumpsIndia INE908D01010 Empanelment MSEDCL OrderWin