GK Energy’s Award Analyzed: A Major Solar Pump Project

GK Energy has been awarded a significant contract by the Maharashtra State Electricity Distribution Company. This involves supplying and installing 13,239 off-grid solar water pumps across the entire state of Maharashtra. These pumps are designed for agricultural use and are part of the “Magel Tyala Saur Krushi Pump Yojana” (PM Kusum B Scheme).

Key Points

• GK Energy wins large contract for solar pump supply.
• 13,239 off-grid pumps targeted across Maharashtra.
• Pumps range from 3 to 7.5 HP capacity.
• Total project value reaches Rs. 366.63 crore (GST included).
• Installation timeline: 60 days from work order.
• Supports agricultural efficiency using solar power.

Project Details

The awarded pumps will come in various power ratings – 3 HP, 5 HP, and 7.5 HP. The estimated total value of this project is approximately Rs. 366.63 crore, including the Goods and Services Tax (GST). GK Energy is committed to completing the installation within 60 days after receiving the official work order, often referred to as a “Notice to Proceed” (NTP).

This project aligns with the Indian government’s commitment to promoting renewable energy and supporting agriculture. The “Magel Tyala Saur Krushi Pump Yojana” (PM Kusum B Scheme) is a key initiative aimed at providing affordable irrigation solutions to farmers.

This substantial investment in solar water pumps demonstrates the growing demand for sustainable agricultural technologies.