Branch² Intelligence
Shakti Pumps receives MSEDC empanelment for 15,000 solar pumps worth ₹353.89 crore
Key takeaway
Shakti Pumps wins ₹353.89 crore MSEDCL empanelment for 15,000 solar pumps in Maharashtra.
- Step 1Shakti Pumps wins ₹353.89 crore empanelment from MSEDCL for 15,000 solar pumps.
- Step 2Order book growth drives higher revenue and capacity utilization for Shakti Pumps.
- Step 3Competitors lose market share; suppliers of solar panels and motors see increased demand.
Source: CNBC TV18 (Markets)
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