Crompton Greaves Wins Contract for Supply of Solar Water Pumping Systems worth ₹ 64.99 Crores from MSEDCL
Crompton Greaves Consumer Electricals Limited has secured a major contract with the Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order involves the design, manufacture, supply, transport, installation, testing and commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems ('SPWPS') across various locations in Maharashtra.The business award amounts to approximately ₹ 64.99 Crores (Rupees Sixty Four Crores and Ninety Nine Lakhs), excluding GST, under the MTSKPY/ PM-KUSUM-B scheme. The contract mandates the delivery of 3000 Solar Photovoltaic Water Pumping Systems.
The order details indicate that MSEDCL is the entity awarding the contract. The scope of work includes complete system warranty and a remote monitoring system (RMS) for five years.
Key details regarding the domestic order include:
| Aspect | Details |
|---|---|
| Awarding Entity | Maharashtra State Electricity Distribution Company Limited (MSEDCL) |
| Total Order Value | ₹ 64.99 Crores approximately (excluding GST) |
| Quantity of Systems | 3000 Solar Photovoltaic Water Pumping Systems |
| Nature of Work | Design, manufacture, supply, transport, installation, testing and commissioning of Off-grid DC Solar PV Water Pumping Systems ('SPWPS') |
| Market Type | Domestic Entity / Domestic Order |
The contract stipulates that the work must be executed within 60 days from the date of issue of the Notice to Proceed (NTP) or the work order. Crompton Greaves Consumer Electricals Limited confirmed that there is no interest held by its promoter group in MSEDCL, and the transaction does not fall under related party transactions.
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