Shakti Pumps (India) Ltd announced it has received a Letter of Intent (LoI) from the Department of Agriculture, Uttar Pradesh, for the supply, installation, and commissioning of 12,537 solar water pumps across the state. The contract, valued at approximately Rs 5.58 billion, was awarded under Component-B of the PM-KUSUM scheme (Phase-III). The project is to be completed within 120 days from the issuance of the letters of proceed.
Under Component-B of the PM-KUSUM Scheme, individual farmers are supported to install standalone solar agriculture pumps with a capacity of up to 7.5 HP. This initiative aims to replace existing diesel agriculture pumps/irrigation systems in off-grid areas where grid supply is unavailable. While higher capacity pumps can be installed, financial support is capped at the 7.5 HP capacity.