Saatvik Green Energy Ltd has received Letter of Award (LoA) from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for installation of 1,500 solar water pumping systems under the Magel Tyala Saur Krishi Pump Yojana (component B of PM Kusum Scheme).
The first tranche of 10,000 solar pump units fully booked by farmers within 1.5 hours.
Crompton Greaves Consumer Electricals has received a Letter of Award (LoA) for the design, manufacture, supply, installation, testing, and commissioning of 4,500 off-grid solar photovoltaic water pumping systems across Maharashtra under Component-B of the PM-KUSUM scheme. The turnkey project also includes a comprehensive five-year maintenance contract.
Koraam New Energie, a business vertical of Kosol Energie, has secured an order for supply of solar pumps worth INR 186 crore for projects to be implemented under Component B of the PM-KUSUM Scheme.
Alpex Solar, in consortium with NVNR Power & Infra, has secured an INR 350 crore EPC order from Central Mine Planning and Design Institute Ltd, a Coal India subsidiary. It has a 70% share in the project. The company has bagged three more orders worth INR 823.85 crore for the supply of PV modules and solar pumps.
Ashish Khanna, Director General of International Solar Alliance, highlighted the need to enable private-sector investments in driving technology and innovation for distributed renewable energy, while the government focuses on developing the policy and regulatory framework and results-based financing to make these solutions affordable for the poor.
Alpex Solar will supply 2,000 solar-powered water pumps under Magel Tyal Saur Krushi Scheme in Maharashtra.
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Servotech has won the order for supply, installation and commissioning of 1,094 grid-connected agriculture pumps along with solar power plants.
RMC Switchgears has secured the order to supply, install and commission 5,000 solar pumps in Maharashtra.
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