Rural Renewable Revolution: Crompton Greaves Drives MP’s PM KUSUM Scheme with Solar Pump Systems

Crompton Greaves Consumer Electricals Ltd has secured a significant renewable energy contract from Madhya Pradesh Urja Vikas Nigam Limited for the design, manufacture, supply, installation, testing, and commissioning of Off-Grid DC & AC Solar Photovoltaic Water Pumping Systems. This project is part of the Component-B of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM KUSUM-B), implemented as the PM Krishak Mitra Surya Yojana in Madhya Pradesh.

 

Key Highlights of the Order

- The Letter of Award covers 197 Off-Grid DC & AC solar pump systems.

- Total order value is approximately Rs 4.75 crore, excluding GST.

- The project timeline mandates completion within 120 days of work order issuance.

- The contract scope includes design, manufacture, supply, transport, installation, testing, and commissioning of the solar pumping systems.

- The order is awarded by a domestic government entity, Madhya Pradesh Urja Vikas Nigam Limited.

- There is no related party interest in the awarding entity, and the transaction is not a related party deal.

 

Project Context and Significance

The PM KUSUM scheme aims to empower farmers through renewable energy solutions, reducing reliance on grid electricity and diesel, and enabling sustainable irrigation methods. Crompton Greaves’ role in this scheme strengthens their renewable energy portfolio and supports the government’s commitment to solarizing agriculture, promoting clean energy in rural India. This contract represents a strategic milestone for Crompton Greaves in expanding into solar-powered agricultural infrastructure under government initiatives.

 

This announcement reflects Crompton Greaves Consumera Electricals’ active participation in India’s green energy mission through government-backed solar projects.

 

Source: Company Disclosure to the Stock Exchanges