CRI Pumps to supply 25,000 solar pumps to Maharashtra
Author: PPD Team Date: January 3, 2025
Author: PPD Team Date: January 3, 2025
CRI Pumps has been empanelled by Maharashtra State Electricity Distribution Company (MSEDCL) to supply 25,000 solar pumping systems under the Magel Tyala Saur Krushi Pump (MTSKP) scheme.Â
Valued at Rs 7.54 billion, this initiative aims to promote renewable energy in Maharashtra’s agricultural sector.
The solar pumps will help reduce farmers’ dependence on conventional electricity, enhancing sustainability and supporting green energy adoption.Â
CRI Pumps has already installed over 1,70,000 solar and IoT-enabled smart pumps, saving approximately 5,200 million kWh and preventing 4.13 million tonnes of carbon emissions.
Author: PPD Team Date: September 22, 2025 Ingka Investments, the €50 billion family office of IKEA, has acquired 241 MW of solar and wind assets in Rajasthan from ib vogt, a Germany-based company. The deal, valued between Rs 1,200–1,400 crore, marks Ingka’s first investment in India’s renewable energy sector. The acquisition is part of Ingka’s global plan to invest €7.5 billion in renewable energy by 2030, with a focus on utility-scale wind and solar projects…
Author: PPD Team Date: November 21, 2024 Tata Power Company Ltd and Druk Green Power Corporation Ltd (DGPC) have entered into a partnership to develop at least 5,000 MW of renewable energy capacity in Bhutan. This collaboration, supported by the Royal Government of Bhutan and the Government of India, marks the largest clean energy partnership between the two nations and aims to strengthen regional energy security and accelerate the clean energy transition. The agreement, signed…
Author: PPD Team Date: November 4, 2024 Rachel Reeves, the UK’s Chancellor of the Exchequer, delivered Labour’s first budget in over a decade, confirming a rise in the headline tax rate for the oil and gas industry to 78%, one of the highest globally. This tax will also extend until 31 March 2030. The UK Offshore Energies Association (OEUK) warned in September that the tax would threaten jobs and disrupt progress toward net-zero targets, stressing…
Author: PPD Team Date: April 14, 2026 ANDRITZ has secured an order from Torrent Power Limited to supply electromechanical equipment for the Saidongar-1 Karjat pumped storage project in Raigad district, Maharashtra. The project, once commissioned, is expected to be India’s largest pumped storage plant. The order, valued in the low three-digit million euro range, will be booked in ANDRITZ’s order intake for the first quarter of 2026. The scope of work includes the design, manufacture,…
Author: PPD Team Date: December 20, 2024 Jindal Saw Limited has signed a share purchase agreement (SPA) to acquire a 31.20% equity stake in ReNew Green MHH One Private Limited (RGMHH), making RGMHH an associate company. RGMHH focuses on renewable energy generation but has not yet commenced operations. The acquisition aims to secure electricity at concessional rates and is expected to be completed by May 2025.
Author: PPD Team Date: December 5, 2024 Alpha Omega Power (AOP) has acquired and secured financing for the 100 MW/400 MWh Caballero battery energy storage project located in Nipomo, California. Developed in partnership with Fengate Asset Management, the project aims to enhance energy supply in San Luis Obispo County and will serve the California ISO (CAISO) market. The battery storage system will improve grid reliability and supply clean energy to 100,000 homes during peak demand…