PM-KUSUM

Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24

Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […]

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Shakti Pumps Empaneled For 50,000 Solar Pumps In Maharashtra

Pithampur, Madhya Pradesh-based Shakti Pumps, a leader in solar pumping solutions, announced that it has received Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL), for 50,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Component-B of PM-KUSUM scheme (Phase-III). The total value of the 50,000 […]

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Shakti Pumps Bags First Solar Pump Order Under PM-KUSUM’s Component C

Shakti Pumps, one of the largest Indian solar pumping companies and a prominent player in the renewable energy sector, has announced the receipt of its inaugural commercial order under the PM-KUSUM scheme Component-C from Ajmer Vidyut Vitran Nigam Limited for the total worth of INR 149.71 Crs. The win is a significant milestone as the […]

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KSB Ltd Pockets Order for 800 Solar Water Pumping Systems from UP Govt

Pune-headquartered firm, KSB Limited, which delves into the commissioning, inspection, servicing and maintenance of pumps, has received a letter of award for 800 solar water pumping systems under PM-Kusum III Scheme under Component B. The value of the order is pegged at INR 27.78 crores and been awarded by the Department of Agriculture, Uttar Pradesh. […]

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Odisha Issues Tender For Solar Pumps Under PM-KUSUM Scheme 

The Odisha Renewable Energy Development Agency (OREDA) has now issued a tender seeking suppliers for off-grid solar pumps under the PM-KUSUM scheme. The state agency has sought vendors to install and commission off-grid solar pumps of 1 Horsepower (HP) to 7.5 HP. The agency has asked vendors to submit hard copies of their bids by […]

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Shakti Pumps Secures Order for 10,000 Pumps from UP Govt

Shakti Pumps Ltd has secured a letter of award to the tune of INR 293 crore from the Department of Agriculture, Uttar Pradesh. The order is for 10,000 pumps. “Shakti Pumps (India) Limited has received Letter of Award under PM- KUSUM III scheme under component-B from Department of Agriculture, Uttar Pradesh for 10,000 pumps,” Shakti […]

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PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells

In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme.  Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […]

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Haryana Renewable Energy Department Awards Order for 7,781 Pumps to Shakti Pumps

Shakti Pumps has announced receiving its first work order under the KUSUM-3 Scheme from Haryana Renewable Energy Department (HAREDA). The contract is for 7,781 pumps. The work order for the pumps is valued at close to INR 358 crores. This is inclusive of GST. Recently,  Shakti Pumps reported a net sale at INR 101.01 crore […]

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JREDA Calls Bids for 8,000 Off-Grid Solar Pumping Systems

Jharkhand Renewable Energy Development Agency (JREDA) has issued a tender and invited bids towards the deployment of 8,000 off-grid solar pumping systems across various capacities. This announcement comes as part of Component B under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Program. The last date for submission of bids is September 4, […]

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