Latest news with #PMKusumBScheme
Business Standard
3 days ago
- Business
- Business Standard
Oswal Pumps received LoA worth Rs 442 crore from MSEDCL
Oswal Pumps has been awarded a major Letter of Award / Letter of Empanelment by the Maharashtra State Electricity Distribution Company (MSEDCL) under the PM Kusum B Scheme / Magel Tyala Saur Krushi Pump Yojana. The contract is valued at Rs 442 crore. The project involves the design, manufacture, supply, installation, testing, and commissioning of 14,787 Off-Grid DC Solar Photovoltaic Water Pumping Systems in 3HP, 5HP, and 7.5HP capacities. These systems will be installed at identified farmers' sites across Maharashtra and will go with complete system warranty, repair and maintenance, and remote monitoring for a period of five years. The Letter of Empanelment/Letter of Award is valid for one year, with installations to be completed within 60 days from the issuance of the work order or relevant approvals.
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Business Standard
3 days ago
- Business
- Business Standard
Oswal Pumps bags ₹442 cr order to supply solar pumps in Maharashtra
Oswal Pumps on Wednesday said it has secured an order worth ₹ 442 crore from Maharashtra State Electricity Distribution Company to supply 14,787 solar water pumping systems. Besides, the company will also be responsible for the installation, testing, and commissioning of the off-grid direct current pumping systems at identified farmers' sites across Maharashtra. In an exchange filing, Oswal Pumps said, "It has been awarded a major letter of award of empanelment by Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM Kusum B Scheme/Magel Tyala Saur Krushi Pump Yojana". The letter of award is valid for one year, with installations to be completed within 60 days from the issuance of the work order or relevant approvals. The value of the order is around ₹ 442 crore. Launched in 2019, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) was aimed at adding solar capacity of 30,800 MW by 2022 with total central financial support of ₹ 34,422 crore, including service charges to the implementing agencies. Later, the Centre extended the PM-KUSUM scheme till March 2026, as its implementation was significantly affected due to the pandemic. According to the Ministry of New and Renewable Energy, the scheme consists of three components: Component A is for the installation of 10,000 MW of solar capacity by installing small power plants, and Component B is for the installation of 14 lakh standalone solar-powered agriculture pumps. Component C is for the solarisation of 35 lakh grid-connected agriculture pumps.
Time of India
3 days ago
- Business
- Time of India
Oswal Pumps bags ₹442 crore order to supply solar pumps in Maharashtra
New Delhi: Oswal Pumps on Wednesday said it has secured an order worth ₹442 crore from Maharashtra State Electricity Distribution Company to supply 14,787 solar water pumping systems . Besides, the company will also be responsible for the installation, testing, and commissioning of the off-grid direct current pumping systems at identified farmers' sites across Maharashtra. In an exchange filing, Oswal Pumps said, "It has been awarded a major letter of award of empanelment by Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM Kusum B Scheme/Magel Tyala Saur Krushi Pump Yojana". The letter of award is valid for one year, with installations to be completed within 60 days from the issuance of the work order or relevant approvals. The value of the order is around ₹442 crore. Launched in 2019, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) was aimed at adding solar capacity of 30,800 MW by 2022 with total central financial support of Rs 34,422 crore, including service charges to the implementing agencies. Later, the Centre extended the PM-KUSUM scheme till March 2026, as its implementation was significantly affected due to the pandemic. According to the Ministry of New and Renewable Energy, the scheme consists of three components: Component A is for the installation of 10,000 MW of solar capacity by installing small power plants, and Component B is for the installation of 14 lakh standalone solar-powered agriculture pumps. Component C is for the solarisation of 35 lakh grid-connected agriculture pumps.
Time of India
3 days ago
- Business
- Time of India
Oswal Pumps bags Rs 442 crore order to supply solar pumps in Maharashtra
Oswal Pumps has secured a significant order worth Rs 442 crore from Maharashtra State Electricity Distribution Company to supply 14,787 solar water pumping systems. The company will also handle installation and commissioning across Maharashtra under the PM-KUSUM scheme. This initiative aims to promote solar energy use in agriculture, with installations to be completed within 60 days of work order issuance. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New Delhi: Oswal Pumps on Wednesday said it has secured an order worth Rs 442 crore from Maharashtra State Electricity Distribution Company to supply 14,787 solar water pumping systems Besides, the company will also be responsible for the installation, testing, and commissioning of the off-grid direct current pumping systems at identified farmers' sites across an exchange filing, Oswal Pumps said, "It has been awarded a major letter of award of empanelment by Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM Kusum B Scheme/Magel Tyala Saur Krushi Pump Yojana".The letter of award is valid for one year, with installations to be completed within 60 days from the issuance of the work order or relevant value of the order is around Rs 442 in 2019, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) was aimed at adding solar capacity of 30,800 MW by 2022 with total central financial support of Rs 34,422 crore, including service charges to the implementing the Centre extended the PM-KUSUM scheme till March 2026, as its implementation was significantly affected due to the to the Ministry of New and Renewable Energy , the scheme consists of three components: Component A is for the installation of 10,000 MW of solar capacity by installing small power plants, and Component B is for the installation of 14 lakh standalone solar-powered agriculture pumps . Component C is for the solarisation of 35 lakh grid-connected agriculture pumps.
News18
3 days ago
- Business
- News18
Oswal Pumps bags Rs 442 crore order to supply solar pumps in Maharashtra
New Delhi, Aug 13 (PTI) Oswal Pumps on Wednesday said it has secured an order worth Rs 442 crore from Maharashtra State Electricity Distribution Company to supply 14,787 solar water pumping systems. Besides, the company will also be responsible for the installation, testing, and commissioning of the off-grid direct current pumping systems at identified farmers' sites across Maharashtra. In an exchange filing, Oswal Pumps said, 'It has been awarded a major letter of award of empanelment by Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM Kusum B Scheme/Magel Tyala Saur Krushi Pump Yojana". The letter of award is valid for one year, with installations to be completed within 60 days from the issuance of the work order or relevant approvals. The value of the order is around Rs 442 crore. Launched in 2019, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) was aimed at adding solar capacity of 30,800 MW by 2022 with total central financial support of Rs 34,422 crore, including service charges to the implementing agencies. Later, the Centre extended the PM-KUSUM scheme till March 2026, as its implementation was significantly affected due to the pandemic. According to the Ministry of New and Renewable Energy, the scheme consists of three components: Component A is for the installation of 10,000 MW of solar capacity by installing small power plants, and Component B is for the installation of 14 lakh standalone solar-powered agriculture pumps. Component C is for the solarisation of 35 lakh grid-connected agriculture pumps. PTI ABI ABI BAL BAL view comments First Published: August 13, 2025, 15:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
