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Extended Wait Ahead For Any Price Drops In Solar, Wind

If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […]

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PM-KUSUM: Shakti Pumps Bags JREDA Order For 400 Solar Pumps

Indian solar pump manufacturer Shakti Pumps (India) Limited has received its first order from Jharkhand. The Jharkhand Renewable Energy Development Agency (JREDA) has given a Letter of Award (LOA) for 400 solar pumps at various locations across the state of Jharkhand. This contract was given under the Component-B of PM-KUSUM scheme. The total amount of […]

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Which State Has Benefited Most From PMKUSUM’s Solar Pumps?

The Government launched the PM-KUSUM scheme in March 2019, which was scaled up in January 2024 to include standalone solar agricultural pumps. This scheme aims to provide energy and water security to farmers, enhance their income, reduce diesel usage in the farm sector, and decrease environmental pollution. Union Minister of State (MoS) for New and […]

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Shakti Pumps Secures Order To Supply 12,537 Solar Pumps To UP

To boost the availability of solar water pumps throughout Uttar Pradesh (UP), the State Department of Agriculture has awarded a Letter of Intent (LoI) to Shakti Pumps. The Madhya Pradesh-based solar pump company received an order for 12,537 pumps to be supplied across the state under the Component B of the PM-KUSUM scheme (Phase-III). The […]

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Shakti Pumps Plans To Go Bullish On PM-Kusum (Comp. C)

Buoyed by the benefits of grid-connected solar pumps, Indian solar pump company Shakti Pumps is now planning to go bullish towards Component C of PM-KUSUM scheme. Last year, the Ajmer discom awarded a project to Shakti Pumps to replace grid-connected pumps with grid-connected solar pumps to ensure supply of surplus solar power to the grid […]

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India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond

India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […]

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PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C

Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […]

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GUVNL Issues List of Tenderable PHP Sites With 14 GW Capacity

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now issued the list of 16 reserved Pumped Hydro Storage Project (PHP) Sites. The state power utility said that these 16 PHP sites could be allocated under the competitive bidding process for the benefit of state public discoms.  The total potential of PHPs from all the 16 […]

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Bihar Seeks Bids For 564 MW Solar Projects Under PM KUSUM

Component C of the PMKUSUM scheme, which seeks grid connected solar pumps as part of the same (Component B is off grid pumps and Component A is ground mounted  solar ), is in the limelight in Bihar. Bihar State Power Generation Company (BSPGCL) has invited bids for 564 MW of projects under the scheme, in […]

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