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Floating Solar Set To Make Jharkhand, Odisha New Hubs For Solar Parks

The latest data shared by Union Minister for New and Renewable Energy RK Singh claimed that the proposed floating solar parks in Jharkhand and Odisha coal-bearing states will likely make these eastern states new hubs for solar parks. Currently, these two states are not considered renewable-rich states in India due to the low installed capacity […]

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Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023

The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade.  Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […]

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India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years

The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […]

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First 11 Months Of 2023: India’s Solar Installations Down By 25% On YoY

India’s Solar installations in 2023 have slowed down, data from the Central Electricity Authority (CEA) said. A close analysis of the CEA data revealed that solar power capacity additions dwindled between January and December this year while wind power revived. The government data said that India added a total of 9 GW of solar power […]

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Oswal Pumps Now Present In Most Indian States: Amulya Gupta, Director

How has the journey of Oswal Pumps been till now?  Oswal pumps started its operations around 2000. It had a humble beginning with a small capital and space. We embarked on our journey with 1400 RPO monoblock pumps. However, in the last two decades, our growth has been phenomenal. We have now become a company […]

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What is ailing the growth of solar irrigation in Bihar? 

Birender Singh is a 68-year-old farmer based at Azamgarh village in Sitamarhi district of Bihar. Buoyed by his interest in solar, he installed a 2HP, off-grid solar pump in 2016. It was installed under the state government’s Chief Minister New and Renewable Energy Solar Pump Scheme.  Singh was among the 2,771 farmers who received the subsidized solar pump under the […]

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Shakti Pumps Secures Order for 10,000 Pumps from UP Govt

Shakti Pumps Ltd has secured a letter of award to the tune of INR 293 crore from the Department of Agriculture, Uttar Pradesh. The order is for 10,000 pumps. “Shakti Pumps (India) Limited has received Letter of Award under PM- KUSUM III scheme under component-B from Department of Agriculture, Uttar Pradesh for 10,000 pumps,” Shakti […]

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Solar Feeders Promise To Fulfil Solar Targets in Agriculture

Radheshyam Singh is a marginal farmer from Noorsarai in the Nalanda district of Bihar. While a few farmers from the district have availed the benefits of off-grid solar pumps for irrigation in the past, Radheshyam and most of the farmers in the neighbourhood still depend on the grid. However, dependency on the grid for irrigation […]

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Haryana Renewable Energy Department Awards Order for 7,781 Pumps to Shakti Pumps

Shakti Pumps has announced receiving its first work order under the KUSUM-3 Scheme from Haryana Renewable Energy Department (HAREDA). The contract is for 7,781 pumps. The work order for the pumps is valued at close to INR 358 crores. This is inclusive of GST. Recently,  Shakti Pumps reported a net sale at INR 101.01 crore […]

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