Shakti Pumps and KLK Ventures secure new solar pump contracts under PM-KUSUM
Author: PPD Team Date: January 6, 2026
Author: PPD Team Date: January 6, 2026
The central government’s Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyaan (PM-KUSUM) scheme continues to generate orders for solar water pumping systems in multiple states.
On 02 January 2026, Shakti Pumps (India) Limited informed the stock exchanges that it had received a work order from the Haryana Renewable Energy Department (HAREDA). The contract value is about Rs. 23.54 Crore including GST. The scope covers the supply, installation and commissioning of 792 Solar Water Pumping Systems (SWPS) under Component B of PM-KUSUM. The execution period is 90 days.
In a separate development, KLK Ventures Private Limited received a contract in Maharashtra under PM-KUSUM for 1,000 solar water pumping systems. The project includes design, supply and installation of pumps rated at 3 HP, 5 HP and 7.5 HP. The stated objective is to support irrigation, lower fuel and electricity costs for farmers and expand clean energy use in rural areas.
The new orders indicate steady progress under PM-KUSUM. The scheme promotes solar-based agricultural pumping and supports farm sector energy transition.
The featured photograph is for representation only.
Author: PPD Team Date: October 28, 2025 Inox Solar Limited has signed a supply agreement with China’s LONGi Green Energy Technology Corporation Limited for 5 GW of solar modules, valued at about Rs 70 billion, to be delivered over the next three years. Under the agreement, LONGi will source solar modules from Inox Solar for use in the Indian market. The partnership also includes technical support from LONGi, covering quality assurance and production expertise to…
Author: PPD Team Date: June 5, 2025 Epigral Limited has signed a Share Subscription and Shareholder’s Agreement (SSSHA) with Prozeal Green Energy Private Limited and its special purpose vehicle (SPV), Pro-Zeal Green Power Ten Private Limited. The agreement is for the procurement of power from a 19.8 MW wind-solar hybrid project located in Gujarat. Epigral will invest around Rs 213.8 million to acquire a 26 per cent equity stake in the SPV. The investment will…
Author: PPD Team Date: September 16, 2024 India’s leading electric vehicle (EV) manufacturer, Tata Motors, is offering free charging and discounts to attract consumers, while rival MG Motor has launched a pioneering battery rental plan. These efforts aim to address slowing sales growth in the EV market, which currently accounts for 2% of India’s 4.2 million annual car sales. Sales growth has stalled, with analysts pointing to high vehicle prices and insufficient charging infrastructure as…
Author: PPD Team Date: April 28, 2025 Talwandi Sabo Power Limited (TSPL), a Vedanta Power company, has set up a torrefied biomass manufacturing facility near its 1,980 MW thermal plant in Mansa, Punjab. The plant can process 500 tonnes of agricultural stubble each day. It uses a thermochemical process to convert stubble into torrefied bio-pellets. These pellets have a higher energy density than raw biomass, making them more suitable for TSPL’s supercritical thermal power operations…
Author: PPD Team Date: July 22, 2025 The Hydro Power Development Corporation of Arunachal Pradesh Limited (HPDCAPL) has secured carbon credits for its 3 MW small hydro project in Zemithang, Tawang district. As reported by The Economic Times, the project has earned 16,326 tonnes of carbon credits as of mid-2023, with a cumulative target of 97,783 tonnes by 2028. This marks HPDCAPL’s first carbon monetisation effort. The milestone follows a memorandum of understanding signed on…
Author: PPD Team Date: July 1, 2025 Hitachi Energy India Limited, on 26 June 2025, won a contract from Power Grid Corporation of India Limited (PGCIL) to supply 30 units of 765 kV, 500 MVA single-phase transformers. The 765 kV transformers will be manufactured at Hitachi Energy’s facility in Maneja, Gujarat. These units are key to managing high-capacity power flows and are being deployed to support renewable energy integration and electrification across key sectors. This…