Sahaj Solar Limited Secures Rs. 63.50 Crore Contract from MSEDCL for Solar Pumping Systems

Sahaj Solar Limited Secures Rs. 63.50 Crore Contract from MSEDCL for Solar Pumping Systems

Sahaj Solar Limited Secures Rs. 63.50 Crore Contract from MSEDCL for Solar Pumping Systems​

Sahaj Solar Limited announced on April 29, 2026, that it has successfully received a Letter of Empanelment (LoE) and executed an agreement with Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). This major contract covers the design, manufacture, supply, and installation of Off-Grid DC Solar Photovoltaic water pumping systems across various districts in Maharashtra.

The total value of the contract stands at Rs. 63.50 Crores, excluding GST. The contract is specifically tied to the 'Magel Tyala Saur Krushi Pump' Yojana / PM KUSUM B Scheme.

Under the agreement, Sahaj Solar Limited will be responsible for the complete system lifecycle, encompassing the testing, commissioning, and providing a five-year warranty for the installed systems. The pumping units to be deployed range in capacity from 3 HP, 5 HP, and 7.5 HP.

The project involves implementing the solar water pumping systems at identified farmer's sites throughout Maharashtra. The scope of work is comprehensive, including the provision of a Remote Monitoring System (RMS) for five years following installation.

Key Contract Details​

The agreement establishes a Rate Contract and allocation of quantity for the solar pumping units. The details regarding the awarded contract are summarized below:

DetailDescription
Client EntityMaharashtra State Electricity Distribution Co. Ltd. (MSEDCL)
Scheme Name'Magel Tyala Saur Krushi Pump' Yojana / PM KUSUM B Scheme
Total Contract ValueRs. 63.50 Crores (Excluding GST)
System Capacity3 HP, 5 HP, and 7.5 HP Off-Grid DC Solar Photovoltaic water pumping systems
System WarrantyIncludes complete system warranty, repair, and maintenance
Monitoring SystemRemote Monitoring System (RMS) for 5 Years
Completion DeadlineInstallation and commissioning must be completed within 60 days from the Notice to Proceed (NTP), or before September 30, 2026.

The contract is classified as a domestic transaction and falls under the nature of a Letter of Empanelment (LoE) and an execution contract.

SAHAJSOLAR Stock Price Movement​

Shares of Sahaj Solar Limited are gaining momentum in live trading, reaching ₹158.8 as of 10:09 AM after rallying 3.55%. The stock sees brisk activity, supported by a traded volume of 13,200 shares during the session.
 

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