Shakti Pumps has received a letter of intent from the Uttar Pradesh Department of Agriculture to supply, install, and commission 12,537 pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan Program (Phase-III).

Shakti Pumps must execute the work by March 31, 2025.

The total work order value is approximately ₹5.58 billion (~$66.62 million).

Component B focuses on installing two million standalone solar water pumps, which will be used to irrigate farmland. The initiative aims to cover various categories of beneficiaries, including individual farmers, water user associations, cow shelters, farmer producers’ organizations, primary agriculture credit societies, and community-based irrigation systems. Small and marginal farmers are accorded priority.

Solar pumps form an integral part of the water resource management strategy in the agricultural sector. Solar energy-powered pumps provide a reliable and eco-friendly solution for farmers.

Shakti Pumps manufactures energy-efficient pumps and motors and provides various renewable energy solutions, primarily for agriculture.

The then Minister of Power, R.K.Singh, told Parliament that the PM-KUSUM program has benefited over 200,000 farmers as of February 2023. A solar capacity of 89.45 MW has been installed under Component A of the program. Approximately 209,000 pumps have been reported as installed or solarized under Components B and C.

In March, the Haryana Renewable Energy Development Agency awarded contracts to Shakti Pumps to supply, install, and commission 4,573 solar water pumping systems.

Last December, Shakti Pumps secured a letter of empanelment from the Maharashtra State Electricity Distribution Company to provide 50,000 off-grid solar photovoltaic water pumping systems across Maharashtra.

In September 2023, the company received a letter of award from the Uttar Pradesh Department of Agriculture to supply, install, and commission 10,000 solar pumps under the Component B PM-KUSUM program.

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