Shakti Pumps (India) Limited has secured a significant order from the Department of Agriculture, Uttar Pradesh, receiving a Letter of Intent for a ₹558.16 crore project. This order involves the supply of 12,537 pumps across the state under Component-B of the PM-KUSUM scheme (Phase-III).
The total value of this substantial work order includes GST and highlights Shakti Pumps' pivotal role in supporting agricultural initiatives in Uttar Pradesh. This project aims to enhance irrigation efficiency and support farmers with reliable and advanced pumping solutions.
The project is set for completion by March 31, 2025, and will be executed in phases. The phased execution will be guided by the quantities specified in subsequent letters of proceed, ensuring a systematic and efficient rollout.
This major order underscores Shakti Pumps' capabilities and reputation in delivering high-quality, durable pumps tailored for agricultural needs. The company's innovative solutions are expected to significantly benefit the state's agricultural productivity and sustainability.
With this landmark order, Shakti Pumps further cements its position as a leader in the industry, continuing to drive growth and development in India's agricultural sector through advanced technology and strategic partnerships.
News by Rahul Yelligetti