Shakti Pumps (India) Ltd has received a Letter of Award from the Maharashtra Energy Development Agency (MEDA) for the supply and installation of 4,500 off-grid solar photovoltaic water pumping systems across various locations in Maharashtra.

The project falls under Component-B of the MNRE's PM-KUSUM scheme and is valued at approximately Rs 114.58 crore, inclusive of GST.

The scope of the contract includes the design, manufacture, supply, transportation, installation, testing, and commissioning of the systems, to be completed within 90 days from the issuance of the work order.

The awarding entity is a domestic agency, and the company has confirmed that the transaction does not involve any related party interests.