Karnal, January 14, 2026 – Oswal Pumps Limited (BSE: 544418 | NSE: OSWALPUMPS) has received a major order for the supply and installation of solar-powered agricultural pump sets in Karnataka, marking a significant expansion of its renewable energy footprint in the state.
The company has been awarded a Letter of Award for 3,263 solar agriculture pump sets, comprising 214 surface solar pump sets and 3,049 submersible solar pump sets, to be deployed across Karnataka. The total order value stands at approximately ₹119.92 crore, inclusive of taxes.
Order Details and Scope
The project involves the design, manufacture, supply, transportation, installation, testing, and commissioning of solar water pumping systems with capacities ranging from 3 HP to 10 HP. These systems will be installed at identified farmers’ sites statewide and will include a five-year warranty, along with repair, maintenance, and remote monitoring system support.The installation and commissioning activities, along with system integration and documentation, are scheduled to be completed by March 31, 2026, while the overall contract period extends up to five years from the commissioning of the final pump.
Management Commentary
Commenting on the development, Vivek Gupta, Chairman and Managing Director of Oswal Pumps Limited, said the project marks an important milestone for the company’s expansion in southern India. He noted that successful execution would enhance the company’s presence in Karnataka and open avenues for deeper market penetration and larger opportunities in the future. He also highlighted the company’s integrated manufacturing capabilities, strong supply chain, and established installation and after-sales service network as key strengths supporting timely execution.About the Company
Oswal Pumps Limited is a vertically integrated manufacturer of solar pumping systems with over two decades of experience in pump engineering and manufacturing. The company offers a wide range of solar-powered and grid-connected submersible and monoblock pumps, electric motors, and solar modules under the “Oswal” brand. Listed on Indian stock exchanges, Oswal Pumps caters to agricultural, residential, and industrial segments across India, with a growing international presence.Source:
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