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Oswal Pumps secures LoI worth Rs 297.50 crore from TGREDCO
Sep-23-2026

Oswal Pumps has secured a Letter of Intent (LoI) worth around Rs 297.50 crore (including GST) from the Telangana Renewable Energy Development Corporation (TGREDCO). The LoI is for the design, supply, installation and commissioning of 2 kW, 5 kW and 10 kW on-grid solar rooftop PV power plants across 9,937 government schools in 33 districts of Telangana.

The project covers an aggregate capacity of 46,705 kW (46.7 MW) and includes the deployment of Mono PERC/TOPCON solar modules, along with normal structures, RMS and comprehensive maintenance for a period of five years. The Installation is to be completed within 180 days from the date of receiving of work order.

Oswal Pumps manufactures solar-powered and grid-connected submersible and monoblock pumps, electric motors comprising induction and submersible motors as well as solar modules, which it sells under the ‘Oswal’ brand.

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