Solar Pumps
PM-KUSUM
Financings
Shakti Pumps raises Rs 2.926 billion through QIP
Shakti Pumps has achieved the close of the qualified institutions placement (QIP) issue to institutional investors through which it has raised Rs 2.926 billion. The QIP issue had a price of Rs 918.00 per share, […]
Distributed Solar Market
Solarising Irrigation: PM-KUSUM’s promise, progress and challenges
The uptake of distributed solar projects in the agriculture space has gained traction over the years. The need for an alternative to diesel-powered irrigation, along with the goal of providing reliable and affordable energy access […]
Projects
Crompton bags Rs 1.01 billion supply order for solar pumps
Crompton Greaves Consumer Electricals has secured a letter of award from the Maharashtra Energy Development Agency. The order involves the supply and installation of 4,500 off-grid solar photovoltaic water pumping systems. The supply order contract […]
Trends
Hybrids and FDRE overtake new solar power allocations in 2024-25: India Infrastructure Research
India’s non-hydro renewable energy sector has reached a remarkable milestone in 2024-25 with 172 GW of total installed renewable power capacity as of March 2025. According to the latest “Renewable Energy in India” report by […]
MAKE IN INDIA RENEWABLES
Expansion Plans: Policy initiatives and opportunities in domestic solar manufacturing
By Sakshi Bansal India’s goal of reaching 500 GW of non-fossil fuel capacity by 2030 relies largely on solar power, which is expected to contribute more than half of this capacity. As of March 31, […]
Data & Statistics
Data & Statistics
Solar Power
Powering Agriculture: Accelerating clean energy solutions to improve agri-sector productivity
By Prasad Thakur, CIMO scholar and Labanya Prakash Jena, Sustainable Finance Expert In 2022-23, agriculture contributed about 15 per cent of the country’s gross domestic product. About 60 per cent of India’s population is directly or indirectly dependant on […]
State Focus
Changing the Mix: Madhya Pradesh increases investments in renewable energy
By Sakshi Bansal Located in the heart of India, Madhya Pradesh is reshaping its energy landscape by investing in solar parks, wind farms and pumped storage projects to reduce its reliance on thermal power. According […]
Solar Power
Changing Priorities: Greater budgetary allocation for the renewables sector
By Sarthak Takyar India’s phenomenal renewable energy growth has been made possible by certain important regulatory decisions, landmark projects and, of course, increasing financial support for many segments, as witnessed in recent annual government budgets. […]
Miscellaneous
Union Budget 2025-26 highlights for the power and renewables sector
The Union Budget 2025-26 has introduced a series of measures – spanning power sector reforms, nuclear energy development, clean technology manufacturing, lithium-ion battery production, and tariff reductions, alongside a significant increase in budgetary allocations for […]
Projects
TREDA to install 10,895 solar-powered pumps for rural irrigation
The Tripura Renewable Energy Development Agency (TREDA) has set a target of installing 10,895 solar-powered pumps to ensure irrigation in rural farmlands under the PM KUSUM scheme. Of this target, 3,616 pumps have already been […]
Data & Statistics
State Focus
A Positive Shift: Haryana adopts progressive policies for renewables growth
By Sakshi Bansal Haryana ranked fifth among Indian states in terms of per capita energy consumption in 2019-20, as per Lok Sabha data. Therefore, decarbonising the state’s energy sources is crucial for meeting the country’s […]
Interviews
Interview with Shripad Yesso Naik: “We are making efforts to scale up renewable energy development”
Shripad Yesso Naik, Member of Parliament from North Goa, recently took over as Minister of State for Power and New & Renewable Energy. His appointment comes at a time when India’s renewable energy sector is […]
Data & Statistics
Projects
Datta Infra inks MoU with the Rajasthan government to invest in renewable energy projects
Datta Power Infra has signed a Memorandum of Understanding (MoU) with the government of Rajasthan to invest $602 million in developing 1,000 MW of wind, solar, and wind-solar hybrid projects. The agreement was formalised during […]
Projects
Tembo Global bags Rs 5.95 billion contract from MSEDCL
Tembo Global has bagged a Rs 5.95 billion contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop 124 MW of solar photovoltaic power plants. The company has signed a power purchase agreement […]
Projects
Haryana awards contracts for 17,458 solar water pumps under PM KUSUM
The Haryana Renewable Energy Development Agency (HAREDA) has awarded contracts for the supply, installation, and commissioning of 17,458 solar water pumping systems under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan […]