Shakti Pumps (India) Limited , a leading manufacturer of energy-efficient pumps and motors, has announced a significant expansion of its solar pump installation project in Maharashtra. The company has secured an additional order for 12,451 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM B scheme, valued at approximately Rs. 347.41 crores including GST.

Rapid Farmer Adoption

This latest development follows the company's initial empanelment by Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 34,720 solar pumping systems. The project has seen remarkable uptake among farmers:

• The first tranche of 10,000 systems, worth Rs. 268.88 crores, was fully booked within just 1.5 hours.
• The second tranche of 12,451 systems has now been fully selected by farmers.
• The total order value across both tranches stands at an impressive Rs. 616.30 crores.

Strong Market Position

Dinesh Patidar, Chairman of Shakti Pumps (India) Limited, emphasized the company's strong presence in Maharashtra and its commitment to delivering sustainable water solutions for farmers. He stated, "Our deep-rooted presence in Maharashtra, coupled with our proven execution capabilities, positions us strongly to deliver on this order within the stipulated timeline. We remain committed to empowering farmers with sustainable and energy-efficient water solutions that enhance agricultural productivity."

Company Overview

Shakti Pumps, founded in 1982, has established itself as a key player in the energy-efficient pump and motor industry. The company's manufacturing facilities in Pithampur, Madhya Pradesh, boast a combined capacity of 500,000 pumps and motors per year. Notably, Shakti Pumps is the only company in India that manufactures a wide range of products for solar pump installation in-house, including Variable Frequency Drives, Structures, Motors, and Inverters.

Environmental Commitment

As India's first 5-star rated pump manufacturer, Shakti Pumps has been at the forefront of transforming the agriculture sector through solar pump technology. The company's focus on stainless steel submersible pumps and its presence in over 100 countries globally underscore its commitment to quality and sustainability.

This latest order not only reinforces Shakti Pumps' market position but also aligns with India's broader goals for sustainable energy adoption in the agricultural sector. As the company continues to fulfill its empaneled commitment of 34,720 SPWPS under the scheme, it is poised to play a crucial role in enhancing agricultural productivity through eco-friendly water pumping solutions.

Shakti Pumps (India) Limited , a leading manufacturer of energy-efficient pumps and motors, has achieved a significant milestone in its solar pump business. The company has been selected by Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply and install 34,720 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana / PM KUSUM B scheme.

Rapid Farmer Response

In a remarkable display of market demand, the first tranche of 10,000 solar pumps, valued at approximately ₹268.88 crores (including GST), was completely booked by farmers within just 1.5 hours of the MSEDCL portal opening. This swift uptake underscores the strong interest in solar pump technology among Maharashtra's agricultural community.

Order Details and Company's Reaction

The total order for 34,720 off-grid solar pumps carries a value of about ₹268.88 crores. Dinesh Patidar, Chairman of Shakti Pumps (India) Limited, expressed his enthusiasm about this development, stating, "This swift uptake by farmers is a demonstration of the trust placed in Shakti Pumps' technology and service excellence. With our proven execution capabilities and deep-rooted presence in Maharashtra, we are confident of delivering this order well within the stipulated timeline."

Company Background

Shakti Pumps, founded in 1982, has established itself as a key player in the manufacture of solar pumps, energy-efficient stainless-steel submersible pumps, pressure booster pumps, and pump-motors. The company boasts two manufacturing facilities in Pithampur, Madhya Pradesh, with a combined annual capacity of 500,000 pumps and motors.

Environmental Impact and Technology Leadership

As India's first 5-star rated pump manufacturer, Shakti Pumps has been at the forefront of transforming the agriculture sector through solar pump technology. The company's commitment to sustainable innovation is evident in its product range, which includes in-house manufacturing of various components required for solar pump installation, such as Variable Frequency Drives, Structures, Motors, and Inverters.

This latest order reinforces Shakti Pumps' position in the market and aligns with India's broader goals for sustainable energy solutions in agriculture. The rapid adoption of these solar pumps by farmers indicates a growing shift towards eco-friendly and energy-efficient agricultural practices in Maharashtra.

As Shakti Pumps prepares to fulfill this significant order, the company's role in India's transition to cleaner energy sources in the agricultural sector becomes increasingly prominent. The successful execution of this project could pave the way for similar initiatives across other states, potentially transforming India's agricultural landscape while promoting sustainable development.