Business Standard

Saturday, December 21, 2024 | 04:00 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Shakti Pumps (India) receives advance worth USD 6 mn from EXIM Bank

Image

Capital Market

On behalf of Govt. of Uganda for supply of powered water pumping systems

Shakti Pumps (India) has received advance worth USD 6 million from Export]Import Bank of India (EXIM bank) on behalf of the Government of Uganda represented by the Ministry of Water and Environment for supplying solar]powered water pumping system. The company will begin the project execution from October 2022.

The company was awarded a contract in the month of March 2021 from the Government of Uganda for supply of solar powered water pumping systems at a contract price of USD 35.30 million exclusive of VAT.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 26 2022 | 5:12 PM IST

Explore News