India's Oswal Pumps jumps on 2.73 bln rupee Telangana solar order
23/09/2026 05:08
BUZZ-India's Oswal Pumps jumps on 2.73 bln rupee Telangana solar order ** Shares of Oswal Pumps OSWP.NS rise 7.09% to 293 rupees
** Solar pumps maker wins 2.73 billion rupee ($28.56 million) order from Telangana Renewable Energy Development Corporation for a 46.7 MW rooftop solar project
** Project covers 9,937 government schools across 33 districts in Telangana, involving 2 kW, 5 kW and 10 kW on-grid solar plants
** Order includes design, supply, installation and commissioning, along with remote monitoring and five years of maintenance
** YTD, OSWP down ~44%
($1 = 95.5725 Indian rupees)
(Reporting by Urvi Dugar in Bengaluru)
((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))
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