Crompton Greaves Consumer Electricals Ltd
Intimation of receipt of award
REGULATORY
▲ Positive Development
LOW RISK
📅 Filed on BSE: 02 Jul 2026, 01:07 PM IST · BSE ID: bef2bb33-bd75-4623-ad31-c1362e548daa
View Original BSE Filing (PDF)
💡
In Simple Terms
Crompton Greaves will supply and install solar water pumps worth Rs. 29.77 Crore for the Maharashtra state electricity company.
🤖 AI Summary
- Crompton Greaves secured an order worth ₹29.77 Crores from MSEDCL for solar water pumping systems.
- The order includes design, supply, installation, and 5-year maintenance of 1397 systems.
- Project is under the MTSKPY/ PM-KUSUM-B scheme across Maharashtra.
- Execution is to be completed within 60 days from the Notice to Proceed.
- The order value excludes Goods and Services Tax (GST).
🔢 Key Numbers — exact figures from BSE filing, not rounded
Order Value
₹ 29.77 Crores approximately (excluding GST)
Execution Timeline
Within 60 days from the date of issue of Notice to Proceed (NTP)
🏢 How This Affects the Company
This award adds to the company's order book and strengthens its position in the renewable energy solutions segment, particularly in Maharashtra.
The order value of ₹29.77 Crores contributes to revenue generation upon successful execution. The order value excludes GST, impacting the final billing.
The company will need to manage the design, manufacturing, supply, and installation of 1397 systems within a 60-day timeframe.
Execution within the stipulated timeframe and ensuring successful installation and commissioning of the systems are key operational risks.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required from shareholders based on this disclosure.
👤
Who Is Affected
All shareholders are informed of this new business award, which contributes to the company's revenue pipeline.
🔍
Management Signal
This order highlights management's continued focus on expanding its renewable energy portfolio and securing large government contracts.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Notice to Proceed issuance date
Project completion and commissioning reports
Subsequent quarter results for revenue recognition
LOW RISK
Standard execution risk for a government supply and installation contract; no unusual financial or regulatory red flags.
💡 Investor Takeaway
Crompton Greaves secured a domestic order worth approximately Rs. 29.77 Crores (excluding GST) for solar pumping systems from MSEDCL, to be executed within 60 days of NTP.
⚖️ Strengths & Concerns
✅ Positives
- Secured a significant order of approximately Rs. 29.77 Crores for solar pumping systems from a state electricity distribution company.
- Order includes a 5-year warranty and maintenance, ensuring recurring engagement and potential for future service revenue.
⚠️ Concerns
- Order value is stated as approximate and excludes GST, which may affect final revenue recognition.
- Execution timeline is tight at 60 days from Notice to Proceed, demanding efficient project management.
📅 Company Track Record
The company previously received an order to pay Rs. 15,000 by a consumer commission and an order to replace a fan with Rs. 11,000 compensation, both deemed immaterial.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total value of the order Crompton Greaves received from MSEDCL?
Crompton Greaves received an order valued at approximately Rs. 29.77 Crores (excluding GST) for solar photovoltaic water pumping systems.
What is the nature of the order awarded to Crompton Greaves by MSEDCL?
The order involves the design, manufacture, supply, installation, testing, and commissioning of 1397 Off-grid DC Solar Photovoltaic Water Pumping Systems.
Under which scheme is this order being executed by Crompton Greaves?
The order is being executed under the MTSKPY/ PM-KUSUM-B scheme at various locations across the State of Maharashtra.
What is the timeframe for executing the order awarded to Crompton Greaves?
The order is to be executed within 60 days from the date of issue of the Notice to Proceed (NTP) or work order.
Questions based on this BSE filing only. For information purposes.