Shakti Pumps (India) Limited, a leading manufacturer of energy-efficient submersible pumps, solar pumps, and motors, has achieved a significant milestone in the renewable energy sector. The company has received a Letter of Award from the Karnataka Renewable Energy Development Limited (KREDL) for the supply, installation, and commissioning of 16,780 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across the entire state of Karnataka.
This prestigious order falls under Component-B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, a flagship Government of India initiative aimed at promoting solar energy in agriculture, replacing diesel pumps, enhancing farmer income, and advancing sustainable irrigation.
Key Order Details
- Awarding Entity: Karnataka Renewable Energy Development Limited (Domestic)
- Project Scope: Design, manufacture, supply, transport, installation, testing, and commissioning of stand-alone off-grid DC solar photovoltaic water pumping systems.
- Total Value: Approximately ₹654.03 Crores (inclusive of GST), with the base amount at ₹600.58 Crores.
- Execution Timeline: Completion on or before March 31, 2026.
- Related Party Status: Not a related party transaction; no interest from promoters/group companies.
This large-scale project underscores Shakti Pumps’ strong position as a preferred vendor for government-backed solar irrigation programs. The company has consistently won similar orders under PM-KUSUM across states like Maharashtra, Madhya Pradesh, Jharkhand, and Haryana in recent times.
