Shakti Pumps shares jump 12% on ₹444 crore MSEDCL solar pump order

• Shakti Pumps shares gained over 12% after securing a ₹443.78 crore solar pump order.
• The order is from MSEDCL for the supply and installation of 16,025 off-grid DC solar water pumping systems.
• The project falls under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B Scheme.
• Scope includes design, manufacture, supply, installation, testing, and commissioning of 3 HP, 5 HP, and 7.5 HP pumps.
• The order is to be executed within 60 days from the issuance of the formal work order.

Why It Matters: This large solar pump order signals significant growth for Shakti Pumps.