NSE:CROMPTON 15 December 2025

MSEDCL Solar Pump Contracts Put Shakti Pumps, Oswal Pumps, GK Energy and Ganesh Green Bharat in Spotlight as PM-KUSUM Momentum Builds

Maharashtra’s state utility awarded contracts for 46,280 off-grid solar water pumps worth about ₹1,276 crore to five companies, including Shakti Pumps, Oswal Pumps, GK Energy, Ganesh Green Bharat, and Crompton Greaves. The orders fall under the Magel Tyala Saur Krushi Pump Yojana. Shakti Pumps received the largest share, with 16,025 units. Crompton Greaves reported a smaller EPC award across multiple locations.

15 December 2025

NSE:CROMPTON·Renewable Energy·Solar Power

Asia Markets Fall as Iran Conflict Drives Global Risk-Off; Energy Prices Surge
March 19, 2026, 9:39 PM EDT. Asian markets edged lower following Wall Street losses amid escalating tensions in the Middle East sparked by Iran's attacks on key energy infrastructure. Tehran's strike on Qatar's largest gas plant slashed LNG export capacity by 17% for years, pushing energy prices higher. U.S. natural gas and Brent crude rose over 1%, with gasoline nearing a four-year peak, underscoring supply concerns. Metals saw volatile moves, gold and silver dropping before recovering. Despite market jitters, U.S. President Trump and Israeli Prime Minister Netanyahu signaled restraint, dampening fears of prolonged conflict. A coalition of U.S.-aligned nations pledged to protect key shipping routes, including the Strait of Hormuz. Asian markets showed mixed reactions, with South Korea's Kospi rising, while Australia's S&P/ASX 200 and Hong Kong futures declined. Wall Street indexes closed down modestly after the Federal Reserve held interest rates steady.