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India | News | Renewable Energy

Shakti Pumps and KLK Ventures secure new solar pump contracts under PM-KUSUM
By January 6, 2026January 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…

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News | India | Renewable Energy

Crompton Greaves wins solar water pumping order in Madhya Pradesh
By September 9, 2025October 28, 2025

Crompton Greaves Consumer Electricals Limited has received a letter of empanelment from Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) for off-grid solar photovoltaic water pumping systems. The scope covers design, manufacture, supply, installation, and commissioning of direct and alternate current systems with capacities of 2 HP, 3 HP, 5 HP, and 7.5 HP. These will be deployed under the PM Krishak Mitra Surya Yojana. The order is valued at about Rs 42.4 million and must…

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India | News

Maharashtra launches portal to fast-track 7,000 MW solar project for farmers
By April 28, 2025April 28, 2025

The Maharashtra government has launched the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 project management portal to speed up work under its MSKVY 2.0 scheme. The scheme targets achieving 7,000 MW of decentralised solar capacity. It aims to supply daytime electricity to farmers through solar feeders. It follows a self-paying model where savings from reduced grid power costs are expected to recover project expenses within 6–8 years. Under MSKVY 2.0, Mahavitaran will receive electricity at…

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India | News

Avaana Capital raises $135-mn climate-tech VC fund
By October 28, 2024October 28, 2024

Avaana Capital, India’s climate-focused venture capital firm, has infused its Avaana Climate and Sustainability Fund with USD 135 million, supported by prominent institutional investors, including the Green Climate Fund (GCF). Anjali Bansal, partner at Avaana Capital, highlighted the significance of this support, emphasizing the role of innovation in driving climate action and creating long-term impact. The fund aims to build the next generation of climate-first companies across three core sectors—Energy and Resource Management, Mobility and…

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