Shakti Pumps Records Exports Growth by 12.7% YoY in Q2FY24 Updated On Mon, Nov 6th, 2023 by Saurenergy Shakti Pumps (India) Limited, a manufacturer of stainless-steel submersible pumps, pressure booster pumps, pump-motors, controllers, and inverters among other products, today announced the financial results for the quarter and half year ended September 30, 2023. Shakti Pumps (India) Limited Chairman, Dinesh Patidar, commented on the performance, “We are delighted to report that this has been […] Read more
What is ailing the growth of solar irrigation in Bihar? Updated On Tue, Oct 31st, 2023 by Saurenergy 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 […] Read more
TPREL to Set Up 41 MW Captive Solar Plant for Solar Manufacturing Unit Updated On Thu, Sep 28th, 2023 by Saurenergy Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for Tata Power Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units […] Read more
Shakti Pumps Secures Order for 10,000 Pumps from UP Govt Updated On Fri, Sep 15th, 2023 by Saurenergy 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 […] Read more
Waaree Renewable Technologies Bags 52.6 MW Solar Project Updated On Wed, Sep 13th, 2023 by Saurenergy Waaree Renewable Technologies Limited has received a letter of intent for Engineering, Procurement and Construction (EPC) services in for the establishment of a ground mounted solar power project of capacity worth 52.6 MWp. The commercial order has been bagged by a group company, which is among India’s leading power generation firms. The project is slated […] Read more
Tata Power Solar Systems Ltd & SIDBI to Offer Financing to MSMEs for Solar Adoption Updated On Wed, Sep 13th, 2023 by Saurenergy Tata Power Solar Systems Ltd & SIDBI have signed a Memorandum of Understanding (MoU) to offer easy financing options for MSMEs. TPSSL is one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL). MSMEs that are willing to opt for rooftop solar PV plant or associated services […] Read more
Haryana Renewable Energy Department Awards Order for 7,781 Pumps to Shakti Pumps Updated On Wed, Aug 30th, 2023 by Saurenergy 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 […] Read more
JREDA Calls Bids for 8,000 Off-Grid Solar Pumping Systems Updated On Thu, Aug 24th, 2023 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has issued a tender and invited bids towards the deployment of 8,000 off-grid solar pumping systems across various capacities. This announcement comes as part of Component B under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Program. The last date for submission of bids is September 4, […] Read more
NTPC REL Wins RUMSL’s 80 MW Floating Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy NTPC Renewable Energy Limited, a subsidiary firm of energy conglomerate NTPC, has emerged successful in bidding for a 80 MW floating solar project at Khandwa, Madhya Pradesh. The tariff at which the firm won the tender floated by RUMSL (Rewa Ultra Mega Solar Limited) is an impressive INR 3.80 kWh. RUMSL is joint venture between […] Read more