Friday, 3 July 2026

Indian corporate news, decoded into deal flow

DEAL FLOW
GE Power India Limited Charts Robust… ▲ MERGERS & ACQUISITIONS Fortis Healthcare Charts New Growth with… ▲ CAPEX & FUTURE PLAN NTPC Green Energy’s Subsidiary Fuels India’s… ▲ ORDER BOOK DCX Systems Secures INR 47.53 Crore… ▲ ORDER BOOK Tata Capital Unveils FY2025-26 Business Overview… ▲ RESULTS Gurunanak Agriculture India Plows Ahead with… ▲ RESULTS Enviro Infra Engineers Bags Landmark ₹130.14… ▲ ORDER BOOK
Home / Order Book / Latteys Industries Powers Up with Rs. 22 Crore Solar Pumping Contract from MSEDCL
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Latteys Industries Powers Up with Rs. 22 Crore Solar Pumping Contract from MSEDCL

The future is looking brighter for Latteys Industries Limited, as the Ahmedabad-based company recently announced a significant win in the renewable energy sector. On July 1, 2026, Latteys Industries secured a substantial new order valued at Rs. 22 crores (exclusive of GST) from the Reputed Maharashtra State Electricity Distribution Company Limited (MSEDCL). This strategic contract marks a robust step forward for the company, solidifying its position in India’s burgeoning green energy landscape.The order entails the comprehensive Design, Manufacture, Supply, Transport, Installation, Testing, and Commissioning of 994 Off-Grid DC Solar Photovoltaic Water Pumping Systems. This crucial project will play a vital role in enhancing energy access and sustainable agricultural practices across Maharashtra, underscoring Latteys Industries’ commitment to empowering communities through clean technology.

This domestic contract, set to be executed within 180 days from the issuance of the Work Order or Notice to Proceed, represents a significant revenue stream and an opportunity for Latteys Industries to showcase its expertise in large-scale renewable infrastructure projects. For investors, this announcement signals strong operational performance and a strategic alignment with national priorities towards sustainable development and energy independence.

By bagging this substantial order from a prominent state electricity distributor, Latteys Industries not only bolsters its order book but also reinforces its reputation as a reliable partner in India’s ambitious transition to renewable energy. This development is expected to contribute positively to the company’s financial outlook and market confidence in the coming quarters.