Shakti Pumps (India) receives advance worth USD 6 mn from EXIM Bank
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.
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First Published: Sep 26 2022 | 5:12 PM IST