Image Source: Saur Energy
Crompton Greaves Consumer Electricals has secured a ₹287.18 crore contract from MSEDCL for 1,214 solar water pumps under PM-KUSUM/MTSKPY schemes in Maharashtra. The project will be executed within 60 days, boosting renewable energy adoption and agricultural irrigation in the state.
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Crompton Greaves Consumer Electricals Ltd has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited for a major EPC contract related to solar water pumping systems. The project, valued at ₹287.18 crore (excluding GST), will see the installation of 1,214 Solar Photovoltaic Water Pumping Systems across Maharashtra under the PM-KUSUM and MTSKPY schemes. This contract marks another significant step in Crompton Greaves’ expansion in the renewable energy sector, especially for agricultural applications.
Notable Updates
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The order is awarded by MSEDCL, a leading domestic electricity distribution company in Maharashtra.
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The contract covers design, manufacture, supply, installation, testing, and commissioning of solar water pumps with PV modules.
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All 1,214 units will be installed at various locations across the state, supporting farmers’ irrigation needs.
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The work must be completed within 60 days from the date of the Notice to Proceed or work order.
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The project falls under the government’s PM-KUSUM scheme, aimed at boosting solar adoption in agriculture.
Major Takeaways
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The contract highlights Crompton Greaves’ strong presence in India’s solar pump segment.
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The swift execution timeline underscores the urgency and scale of Maharashtra’s renewable energy push.
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The scheme is designed to empower farmers with reliable, off-grid irrigation solutions.
Important Points
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The order is domestic and does not involve any promoter or related party transactions.
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This contract aligns with national and state-level goals for sustainable agriculture and energy security.
Source: Crompton Greaves Consumer Electricals Ltd Official Disclosure, Maharashtra State Electricity Distribution Company Limited Circular, SEBI Disclosure
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