Shares Bazaar

Crompton Greaves gets letter of empanelment, rate contract from MSEDCL

Broad consideration or size of the order is around Rs 71.75 crore

Crompton Greaves Consumer Electricals has received an letter of empanelment and rate contract from Maharashtra State Electricity Distribution Company (MSEDCL) for design, manufacture, supply, installation, testing & commissioning of 3540 number of Off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) including complete system warranty and its repair & maintenance and remote system (RMS) under MTSKPY/ PM-KUSUM-B scheme at various location across the State of Maharashtra.

Broad consideration or size of the order is around Rs 71.75 crore (excluding GST) and is to be executed within 60 days from the date of issue of Notice to Proceed (NTP) /work order.

Crompton Greaves Consumer Electricals is India’s market leader in fans, number one player in residential pumps and has leading market positions in its other product categories.