Captain Polyplast Secures Empanelment for 1000 Solar Pumps Worth INR 27.69 Cr from MSEDCL

Rajkot (Gujarat) [India], December 24: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into the burgeoning solar EPC segment, announced today of receiving an additional empanelment for 1000 solar pumps under the PM KUSUM B scheme from MSEDCL, with an aggregate order value of ₹27.69 Cr (inclusive of GST).

This empanelment, in addition to the earlier orders for 500 solar pumps from MSEDCL, further strengthens the company’s order book in the renewable energy and agri-infrastructure segment. It reinforces Captain Polyplast’s strong presence in government-supported solar irrigation programs under PM KUSUM B and reflects sustained demand for solar pumping solutions driven by the policy thrust on clean energy adoption in agriculture. The incremental order enhances revenue visibility and supports steady growth in the solar pump segment, contributing to a more diversified business mix. The cumulative empanelment highlights the company’s execution capabilities, robust manufacturing infrastructure, and multi-regional experience, positioning Captain Polyplast to benefit from expanding solar irrigation initiatives and future empanelment.