Alpex Solar Wins Contract Worth Rs 40.92 Crores for Solar Water Pumps in Maharashtra
Alpex Solar Limited has secured a significant contract, being awarded an order valued at approximately Rs. 40.92 Crores. The order originates from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) and falls under the 'Magel Tyala Saur Krushi Pump' Yojana / PM KUSUM B Scheme.The contract involves the supply of sophisticated Solar Water Pumps to various locations within Maharashtra. The scope of work is comprehensive, encompassing the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS).
The awarded system specifications cover multiple capacities, including 3 HP, 5 HP, and 7.5 HP. Beyond the initial setup, the contract also includes provisions for a complete system warranty, ongoing repair and maintenance, and a Remote Monitoring System (RMS) for a period of five years.
According to the details of the order, the company is scheduled to complete the entire project within 60 days from the date of issue of the work order.
The key details of the contract awarded to Alpex Solar Limited are summarized below:
| Metric | Detail |
|---|---|
| Awarding Entity | Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) |
| Scheme/Yojana | 'Magel Tyala Saur Krushi Pump' Yojana / PM KUSUM B Scheme |
| Contract Value | Approximately Rs. 40.92 Crores (Excluding GST) |
| Product Scope | Solar Water Pumps / Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) |
| Capacities | 3 HP, 5 HP, and 7.5 HP |
| Scope Inclusions | Complete system warranty, repair and maintenance, and 5-year Remote Monitoring System (RMS) |
| Completion Timeline | Within 60 days from the date of issue of work order |
ALPEXSOLAR Stock Price Movement
Shares of Alpex Solar Limited are edging higher to ₹1029 as of 12:33 PM today, having gained 1.95% or ₹19.70 in live trading. The stock sees active buying interest, supported by 58,100 shares traded so far into the day.Source:
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