6,801 solar water pumpsets installed in Karnataka as of August 31
1 year, 2 months ago

6,801 solar water pumpsets installed in Karnataka as of August 31

The Hindu  

George held a review meeting with senior officials of the Energy Department and solar irrigation pump manufacturers on Thursday at Belaku Bhavana, Bescom headquarters, where he discussed the need for solar irrigation pumps for agriculture. Solar pumps will also help develop the State’s long-term energy security, reduce the burden on the farmers, and promote ecologically sustainable growth by reducing the carbon footprint, he said. According to the department, 6,801 solar pumpsets have been installed in the State as of August 31 under different schemes: KREDL : 3,710; Minor Irrigation Department: 2,075; Agriculture Department: 201; Bangalore Electricity Supply Company Limited : 310; KREDL under PM-KUSUM component-B scheme: 513. “The adoption of solar-powered irrigation will not only help reduce the burden of over ₹1 lakh crore towards electricity subsidy for agriculture, but also reduce oil import bill by reducing diesel consumption by 1.38 billion litres per annum as per the Ministry of New & Renewable Energy,” it added.

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GK Energy files draft IPO papers with SEBI; aims to raise ₹500-crore via fresh issue
1 week, 1 day ago

GK Energy files draft IPO papers with SEBI; aims to raise ₹500-crore via fresh issue

The Hindu  

Solar-powered agricultural water pump systems provider GK Energy Limited has filed preliminary papers with markets regulator SEBI to garner funds through an initial public offering. The proposed IPO of the Pune-based firm is a combination of fresh issue of shares worth ₹500 crore and an Offer-for-Sale of ₹84 lakh equity shares by selling shareholders, the draft red herring prospectus showed. …

Shakti Pumps shares hit 5% upper circuit on ₹754 crore solar water pumping system order
1 week, 5 days ago

Shakti Pumps shares hit 5% upper circuit on ₹754 crore solar water pumping system order

Live Mint  

Stock Market Today: Shakti Pumps, a leading Indian manufacturer of solar pumps and motors, saw its shares hit the 5% upper circuit limit during early trading on Thursday, December 12, reaching a two-week high of ₹856.55 apiece. Recognised as a leading manufacturer in the Indian pump industry, Shakti Pumps holds a dominant market position with a 25% share in the …

Over 2,500 farmers near Mangaluru want to install solar-powered IP sets in MESCOM limits
3 months, 3 weeks ago

Over 2,500 farmers near Mangaluru want to install solar-powered IP sets in MESCOM limits

The Hindu  

The Mangalore Electricity Supply Company has received over 2,500 applications from farmers for energising their irrigation pump sets through solar power under Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan scheme till August 20. “This comes at a time when the Karnataka government improved its share of subsidy from 30% to 50% for irrigation installations located beyond 500 metres from …

Governor urges Telangana farmers to embrace solar energy under PM-KUSUM scheme
3 months, 3 weeks ago

Governor urges Telangana farmers to embrace solar energy under PM-KUSUM scheme

New Indian Express  

HANAMKONDA/WARANGAL/MULUGU: Governor Jishnu Dev Varma on Wednesday called upon farmers to utilise and reap the benefits of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan scheme. The PM-KUSUM scheme aims to replace the use of diesel pumps with solar ones to bring down cost of production. The Governor expressed delight at the speedy development of Telangana state and appreciated …

Centre extends deadline for laggard solar scheme
1 year, 10 months ago

Centre extends deadline for laggard solar scheme

The Hindu  

The deadline for a key scheme by the Ministry of New and Renewable Energy to install 30,000 MW solar power capacity in rural India by 2022, has now been pushed to March 2026, Power Minister R.K. Singh said in written response to a query in Lok Sabha on Thursday. The PM-KUSUM, under which ₹34,422 crore will be spent by the …

Andhra Takes Up Installing Meters To Agricultural Pump Sets
2 years, 2 months ago

Andhra Takes Up Installing Meters To Agricultural Pump Sets

ABP News  

The Andhra Pradesh government is installing meters to agricultural pump sets in the state, claiming that the move is to ensure a transparent system for the benefits of farmers. At a review meeting on the energy sector, the Chief Minister directed officials to properly educate farmers on the use of meters for agricultural pump sets by creating awareness that the …

How is India using its solar pumps for irrigation?
3 years, 2 months ago

How is India using its solar pumps for irrigation?

Hindustan Times  

The government of India has been aggressively promoting solar pumps for irrigation in recent years. However, since most of these solar pumps have a Remote Monitoring System, one can use the RMS data to assess their utilisation. In this brief, we analyse the RMS data from the Saur Sujala Yojana, a solar pump promotion scheme by Chhattisgarh—the leading state in …

Solar-powered water pumps offer ray of hope for Spiti’s farmers
4 years, 4 months ago

Solar-powered water pumps offer ray of hope for Spiti’s farmers

Hindustan Times  

Solar-powered water pumps have come as a ray of hope for tribal farmers of the remote Spiti valley of Himachal Pradesh that otherwise offers limited livelihood options due to the harsh climate and inhospitable terrain. He shared the concern with the agriculture department that advised him to install a solar power water lifting pump under the Pradhan Mantri Kusum scheme, …

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