Shakti Pumps stock rises 7% on ₹1,037 cr Maharashtra govt order
Shakti Pumps has received a Letter of Empanelment from Maharashtra State Electricity Distribution (MSEDCL) to supply and install 34,720 off-grid solar water pumps across Maharashtra under the PM-KUSUM B scheme. The project, valued at approximately ₹1,037 crore is to be completed within one year, with installations to be done within 60 days of work order issuance.