Servotech has won the order for supply, installation and commissioning of 1,094 grid-connected agriculture pumps along with solar power plants.
Madhya Pradesh chief minister Mohan Yadav also dedicated 880 MW Agar and Neemuch solar projects built at a cost of INR 3,520 crore in Agar-Malwa district.
RMC Switchgears has secured the order to supply, install and commission 5,000 solar pumps in Maharashtra.
The solar pump contract follows the company’s recent win of solar panel supply orders worth INR 525.15 crore.
KLK Ventures has installed more than 1,300 solar pumps in Jammu & Kashmir under the PM Kusum Yojana. As it targets 5,500 solar pump installations in the union territory, the company has floated an online platform to make the entire process seamless, from initial application to post-installation services.
The solar pump manufacturer’s annual turnover jumped to INR 181 crore in FY 2024, from INR 87 crore in FY 2023.
The integration of renewable energy in agriculture plays a significant role in combating climate change. It aligns with global efforts to transition towards sustainable practices and reduce environmental impact.
Ishan Chaturvedi, director and co-founder at Vareyn Solar , talks about harnessing solar power with solar cooperatives in India.
A new report says that while the national-level transition towards clean electricity is progressing well in India, it is far more uneven at the state level. It highlights the need for states to strengthen regulatory frameworks and develop transition plans.
The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.
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