PM-KUSUM

India | News | Renewable Energy

PM-KUSUM 2.0 to include 10 GW agrivoltaic component
By March 12, 2026March 12, 2026

The government is preparing PM-KUSUM 2.0 with a dedicated 10 GW agrivoltaic (agri-PV) component to support the co-location of solar panels with agricultural crops. Union Minister for New and Renewable Energy Pralhad Joshi announced the proposal at the 4th National Agro-RE Summit held in New Delhi on March 10, 2026. The planned component aims to allow farmers to generate electricity while continuing cultivation on the same land, creating a decentralised renewable energy model for rural…

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Data Insights

PM-KUSUM: State-wise installation progress (as of January 31, 2026)
By March 4, 2026March 5, 2026

Source: MNRE, Lok Sabha Unstarred Question No. 854, February 4, 2026 (data as of January 31, 2026).

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Features

Central schemes: PM-KUSUM and PM Surya Ghar drive decentralised solar adoption
By March 4, 2026March 4, 2026

Two central government programmes are expanding solar deployment beyond utility-scale projects by promoting generation at the farm and household level. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) and PM Surya Ghar: Muft Bijli Yojana focus on decentralised solar installations that allow farmers and residential consumers to generate electricity directly at the point of use. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) integrates solar power into agricultural energy consumption. The…

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India | Finance | News

Oswal Pumps posts strong revenue growth in 9M FY26
By February 10, 2026February 10, 2026

Oswal Pumps Limited reported strong financial performance for the third quarter and the first nine months of FY26. For the nine-month period ended FY26, total income rose to Rs 15,692 million, reflecting a 47.0% increase compared to the same period last year. Profit after tax (PAT) stood at Rs 2,837 million, translating into a margin of 18.1%. In Q3 FY26, total income reached Rs 5,077 million, up 33.4% year on year, while PAT was Rs…

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India | News | Renewable Energy

Shakti Pumps enters Karnataka with Rs 654 crore solar pump order
By January 13, 2026January 13, 2026

Shakti Pumps (India) Limited has received its first major order from Karnataka, strengthening its presence in the solar pumping segment and expanding its geographic footprint. The company has been awarded a contract by Karnataka Renewable Energy Development Limited (KREDL) for the installation of 16,780 standalone off-grid direct current solar photovoltaic water pumping systems. The total order value stands at Rs 654.03 crore, inclusive of Goods and Services Tax (GST). The scope of work includes the…

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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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India | News | Renewable Energy

Shakti Pumps secures Rs 259 crore solar water pumping orders
By January 2, 2026January 2, 2026

Shakti Pumps (India) Limited has announced multiple new contract wins worth Rs 258.57 crore for Solar Photovoltaic Water Pumping Systems (SPWPS) in the final days of 2025. The company confirmed the developments through regulatory disclosures to stock exchanges. On 30 December 2025, Shakti Pumps (India) Limited reported receiving a work order from the Jharkhand Renewable Energy Development Agency (JREDA) for 1,000 stand-alone off-grid SPWPS units. This is the company’s third project in Jharkhand under the…

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India | News | Renewable Energy

Alpex Solar bags Rs 65 crore MSEDCL order for solar pumps
By December 30, 2025December 30, 2025

Alpex Solar Limited has announced an order worth Rs 65 crore (excluding GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying off-grid direct current (DC) solar photovoltaic (PV) water pumping systems. The company said the project comes under the Government of India’s Magel Tyala Saur Krushi Pump Yojana, which forms Component B of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Scheme. The programme aims to support clean energy use in…

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India | News | Renewable Energy

MPUVNL awards 4.01 GW in 4.3 GW PM KUSUM-C solar auction
By December 24, 2025December 24, 2025

Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) announced the results of its 4.3 GW solar auction held under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) scheme, with 4.01 GW of capacity awarded to 82 companies. Among the key winners, Dilip Buildcon Limited secured 1,363.54 MW at a tariff of Rs. 2.73 per kWh, while Sunbridge Solar Power won 471.29 MW at Rs. 2.75 per kWh. Other major allocations…

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India | News | Renewable Energy

Saatvik Green secures module supply order, solar pump contract, commissions EPE facility
By December 23, 2025December 23, 2025

Saatvik Green Energy Limited said its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order worth Rs 486 crore from a domestic independent power producer and engineering, procurement, and construction player for the supply of solar photovoltaic modules. The commercial order is scheduled to be executed by December 2026. Separately, Saatvik Green Energy Limited has received an order from Maharashtra State Electricity Distribution Co. Ltd. for the design, manufacture, supply, installation,…

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