Oswal Pumps Limited has received Letter of Intent from Telangana Renewable Energy Development Corporation Limited, TREDCL also called TGREDCO, for a large solar rooftop project. The order was disclosed under Regulation 30 on September 23, 2026.
Order Details
Rs 297.5 Crore Solar Rooftop Order
The total value for 9,937 government schools is Rs. 297.50 Crore approx including GST. As per press release, quoted value excluding GST is Rs. 273.19 Crore. The order covers aggregate capacity of 46,705 kW which is 46.7 MW.
Scope Of Work
- Work: Design, Supply, Installation and Commissioning of 2 kW, 5 kW, 10 kW on-grid solar rooftop PV power plants.
- Location: 9,937 government schools in 33 districts of Telangana.
- Technology: MONOPERC / TOPCON solar modules with normal structure with RMS.
- Maintenance: 5 years comprehensive maintenance.
- Awarded By: Telangana Renewable Energy Development Corporation Limited, domestic entity.
- Timeline: Installation to be completed within 180 days from date of Work Order.
- Related Party: No promoter interest, not a related party transaction.
Why This Order Matters
- First Major Order In Telangana: As per MD Vivek Gupta, this marks first major order from Telangana and important milestone in expanding to new markets.
- Large Scale: 9,937 schools across 33 districts shows strong execution capability.
- Renewable Push: Supports clean energy adoption in educational institutions and Telangana clean energy goals.
- Revenue Visibility: Rs 297.5 Crore order with 5 years maintenance provides medium term revenue.