Solar Pumps: Junna Solar Bags R 114.58cr Order From MEDA

Solar Pumps: Junna Solar Bags R 114.58cr Order From MEDA

Junna Solar has bagged a work order worth ₹114.58 crore from MEDA (Maharashtra Energy Development Agency) for the installation of off-grid solar pumps. This latest order is set to bolster the company’s order book, pushing it towards the ₹200 crore mark for Q1 of FY 2025–26. Securing a ₹200 crore order book in Q1 is expected to set a new benchmark for the firm and position it among the fastest-growing companies in India’s solar pump sector.

Junna Solar Systems Limited has secured this major order for the supply and installation of 4,500 off-grid solar photovoltaic water pumping systems under the PM-KUSUM scheme. With this win, Junna Solar’s total order book now stands at ₹900 crore for FY 2025–26, reinforcing its leadership in the renewable energy sector.

The comprehensive project includes the design, manufacturing, supply, transportation, installation, and commissioning of solar-powered water pumps across various locations in Maharashtra. The company stated that its aim is to enhance farmer livelihoods by providing clean and reliable energy for the agriculture sector, backed by a strong service mechanism.

Junna Solar, a prominent player in the renewable energy industry and a pioneer in solar-powered water pump systems, has similarly secured substantial orders from multiple government agencies across India. These include TSREDCO (Telangana), AEDA (Assam), SCCL (Singareni Collieries Company Limited), TNAED (Tamil Nadu), and MPUVNL (Madhya Pradesh), in addition to MEDA. The project is expected to benefit over 4,500 farmers by enabling reliable irrigation, reducing diesel consumption, lowering operational costs, and conserving groundwater.

Established in 2012, Junna Solar is recognized for its innovative solar solutions and strong commitment to sustainability. The company has consistently delivered high-quality projects to government agencies across the country. “Our penetration in the rooftop segment under PM Surya Ghar is significant, supplying clean energy to the residential sector, while also catering to the industrial and commercial segments,” the firm said.

In FY 2024–25, Junna Solar achieved a 154% increase in revenue, reaching ₹220.05 crore, along with a 249% rise in profit after tax to ₹20.52 crore. The company attributes its robust financial performance to efficient execution, strong order inflows, and disciplined management. Junna Solar is poised for continued growth and impact, the company added.

“Our progress reflects Junna Solar’s unwavering mission to deliver clean, dependable energy across India. We are proud to lead the way in powering a greener, more resilient future,” said Junna Shekar Reddy, Founder & Managing Director of Junna Solar Systems Limited.