Crompton Greaves Solar Award Analyzed

Crompton Greaves Consumer Electricals has just won a big contract from Madhya Pradesh Urja Vikas Nigam. They’ll be building and installing solar-powered water pumping systems for farmers in Madhya Pradesh. This is part of a government program called PM KUSUM, designed to help farmers use solar energy for their irrigation.

• Crompton Greaves secured a Rs 4.28 crore contract.
• PM KUSUM-B is boosting solar adoption among farmers.
• The project supports ‘PM Krishak Mitra Surya Yojana’ initiative.
• System includes DC & AC solar PV water pumping.
• Madhya Pradesh is the initial implementation location.
• Government support drives sustainable irrigation solutions.

This contract is worth about Rs 4.28 crore. The ‘PM KUSUM-B’ scheme is a government effort to get more farmers using solar power. It’s called ‘PM Krishak Mitra Surya Yojana.’

The solar water pumping systems will use both Direct Current (DC) and Alternating Current (AC) technology. This means they can adapt to different farmer needs. The project will be focused in Madhya Pradesh, marking an important first step for this program.

The order includes everything – from designing and making the systems, to transporting them, installing them, testing them, and getting them ready to use. It’s a complete package, ensuring a smooth setup for the farmers.

This win highlights Crompton Greaves’ expertise in renewable energy solutions and demonstrates a commitment to supporting sustainable agriculture. It reflects the growing demand for off-grid solar energy.

“Strategic partnerships drive innovation in sustainable energy solutions.”