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

26 Sep 2022 , 05:12 PM

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 representedby the Ministry of Water and Environmentfor supplyingsolar?]powered water pumping system. The companywill 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

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