Shakti Pumps (India) Limited has announced a major business milestone with the receipt of a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited. The company has been empaneled for supplying 16,025 off-grid DC solar photovoltaic water pumping systems (SPWPS) across the entire state of Maharashtra under the Magel Tyala Saur Krushi Pump Yojana/PM Kusum B Scheme.

Order Specifications and Value

The comprehensive order encompasses solar water pumping systems of varying capacities to meet diverse agricultural requirements across Maharashtra. The project involves design, manufacture, supply, transport, installation, testing and commissioning of the complete systems.

Project Scope and Implementation

The empanelment covers the supply of off-grid DC solar photovoltaic water pumping systems across three different horsepower categories - 3 HP, 5 HP, and 7.5 HP pumps. These systems are designed to provide sustainable irrigation solutions for farmers across Maharashtra under the government's solar agriculture initiative.

The project falls under the PM Kusum B Scheme, which aims to promote solar-powered agriculture and reduce dependence on grid electricity for farming operations. The company will be responsible for the complete project lifecycle including design, manufacturing, supply, transportation, installation, testing and commissioning of all 16,025 units.

Commercial Terms and Timeline

The total commercial value of the project stands at ₹407.51 crores excluding GST, which amounts to ₹443.78 crores inclusive of taxes. The company has committed to execute the entire project within 60 days from the issuance of the work order or Notice to Proceed (NTP).

Strategic Significance

This empanelment represents a significant business development for Shakti Pumps, which operates in the capital goods sector focusing on non-electrical equipment. The order demonstrates the company's capabilities in the renewable energy segment and its ability to execute large-scale government projects. The company has confirmed that this order does not involve any related party transactions and has been awarded at arm's length basis.

Maharashtra has set a new Guinness World Record in renewable energy adoption, installing an impressive 45,911 solar water pumps in just one month under the Magel Tyala Solar Pump initiative. Shakti Pumps (India) Limited emerged as the frontrunner in this monumental effort, contributing a substantial 8,846 installations to the state's achievement.

Record-Breaking Achievement

The Government of Maharashtra and Maharashtra State Electricity Distribution Company Limited (MSEDCL) announced the completion of this unprecedented feat at a ceremony held in Aurangabad. This initiative marks one of the largest and fastest renewable irrigation deployments globally, showcasing Maharashtra's commitment to sustainable agriculture and clean energy.

Shakti Pumps: A Key Contributor

Shakti Pumps (India) Limited's significant contribution of 8,846 solar pump installations—the highest among all participating companies—reinforces its position as a national leader in solar pumping technology. This achievement not only demonstrates the company's strong engineering capabilities but also highlights its crucial role in India's transition to renewable energy sources.

Impact on Agriculture and Rural Development

The Magel Tyala Solar Pump initiative is set to transform irrigation access for farmers across Maharashtra. By enabling daytime solar-powered irrigation and providing free household electricity at night, the program aims to reduce farming and living expenses significantly. This solar initiative represents a strong push towards:

• Clean energy adoption in agriculture
• Improved agricultural efficiency
• Long-term rural transformation

Leadership Perspective

Mr. Dinesh Patidar, Chairman of Shakti Pumps (India) Limited, expressed pride in the company's contribution: "Being the largest contributor with 8,846 installations reflects our strong engineering capabilities and the trust placed in us. This initiative has empowered thousands of farmers with reliable, clean-energy irrigation, and we are honored to support a historic achievement recognized on a global stage."

PMKUSUM Scheme Impact

The PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, a flagship initiative of the Government of India, has been instrumental in promoting solar energy-driven irrigation solutions. Shakti Pumps has played a significant role in this scheme, installing a substantial number of solar pumps across various states.

Conclusion

This record-setting achievement not only showcases Maharashtra's commitment to sustainable agriculture but also highlights Shakti Pumps' pivotal role in driving India's renewable energy transition. As the country moves towards its clean energy goals, initiatives like these pave the way for a more sustainable and self-reliant agricultural sector.