Oswal Pumps Marks Entry into Rooftop Solar with Rs 39.40 Cr Order Under PM Surya Ghar

Haryana-based Oswal Pumps Limited’s subsidiary, Oswal Solar Energy Private Limited, has secured an order from Swashakthi Energy for the supply, installation, and commissioning of 7.46 MWp rooftop solar systems.

In a press release, Oswal Pumps said that the order, valued at ₹39.40 crore (inclusive of GST), marks the company’s entry into the rooftop solar segment, creating a strategic pathway for participation under the Government of India’s flagship initiative, PM Surya Ghar: Muft Bijli Yojana.

Scope of Work

Swashakthi Energy has been awarded 7.46 MWp of Grid-Connected Rooftop Solar (RTS) projects by the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. (NREDCAP) under the Surya Ghar scheme. As part of this allocation, M/s Swashakthi Energy has assigned Oswal Solar Energy Private Limited for fulfilment of the order.

The scope of this order includes complete Design, Engineering, Supply, Installation and Commissioning of 7.46 MWp grid-connected rooftop solar systems, along with a five-year Comprehensive Maintenance Contract (CMC). These systems will be installed for 3,729 SC & ST consumers across the Pulivendula and Puttaparthy divisions under APSPDCL in Andhra Pradesh.

With this project, Oswal Pumps takes an important step forward in expanding its presence in solar energy solutions and supporting the nation’s sustainable growth ambitions.

Leadership View

Commenting on the order, Vivek Gupta, Chairman and Managing Director, Oswal Pumps Limited, said,  “This order paves the way for the Company to participate in the Government of India’s PM Surya Ghar: Muft Bijli Yojana and marks an important milestone in our commitment to advancing India’s renewable energy transition. We are confident that the successful execution of this project will strengthen our presence in the rooftop solar segment, enable deeper market penetration, diversifies our product and market segment, and opens the door to larger opportunities in the future."

Vivek Gupta added, "Our entry into this segment comes at an opportune time, coinciding with the Union Budget’s enhanced allocation for the PM Surya Ghar: Muft Bijli Yojana, which has been increased from ₹17,000 crore to ₹22,000 crore. This initiative enables us to leverage enabling policy support, rising electricity tariffs, and increasing demand for sustainable energy solutions." 
 
Gupta further explained, "Oswal Pumps Limited’s consistent track record of timely execution and high-quality delivery across public sector renewable energy programs continues to reinforce our credibility. This positions us strongly to capitalise on the rapidly expanding rooftop solar opportunity, and we look forward to contributing meaningfully to India’s clean energy and rural electrification goals.”