Oswal Solar Energy secures 7.46 MWp rooftop solar EPC and O&M order from Swashakthi Energy

Oswal Solar Energy, a subsidiary of Oswal Pumps, has secured an Engineering, Procurement, and Construction (EPC) and Operations and Maintenance (O&M) order from Swashakthi Energy. This significant contract involves the design, engineering, supply, installation, testing, and commissioning of 7.46 MWp of grid-connected rooftop solar systems across 3,729 consumers in India. The agreement also includes a five-year O&M component, providing Oswal Solar Energy with a recurring revenue stream and reinforcing its position in the distributed solar energy market. This deal is notable for its focus on a large number of individual consumers (3,729), highlighting a strategic push towards decentralized rooftop solar deployment rather than a single utility-scale project. The 7.46 MWp capacity, while not disclosed in value, represents a substantial volume for rooftop installations. For Oswal Solar Energy, this expands its EPC footprint and strengthens its service offering with the integrated O&M contract. For Swashakthi Energy, it marks progress in developing and deploying distributed renewable energy solutions across a broad customer base in India. The deal's announcement date of 2026-03-02 positions it as a future commitment in the rapidly evolving Indian solar landscape.