Crompton Wins Rs 1 Billion Solar Pump Order from MEDA

17 Jun 2025 CW Team

Crompton Greaves Consumer Electricals has secured a Rs 1 billion order from the Maharashtra Energy Development Agency (MEDA) for the design, manufacture, and installation of 4,500 off-grid solar photovoltaic water pumping systems across Maharashtra.

The order, awarded under Component B of the PM-KUSUM scheme launched by the Ministry of New and Renewable Energy, represents Crompton’s largest-ever solar pumping systems contract in the solar-water management segment.

The project scope includes the supply, installation, testing, commissioning, and five-year maintenance of the solar pumps at various rural locations. These systems aim to replace diesel-powered water pumps with clean and sustainable solar-powered alternatives, aligning with national goals for rural electrification and farmer support.

Rajat Chopra, Business Head – Home Electricals & Pumps at Crompton, remarked, “This milestone not only marks our largest solar pump order to date but also reflects our ongoing commitment to delivering reliable, high-performance pumping solutions tailored to the needs of farmers across India.”

As the PM-KUSUM scheme targets the deployment of nine million off-grid solar pumps nationwide, Crompton is actively participating in tenders across multiple states. The company has already secured contracts in Haryana, Rajasthan, and Maharashtra, and plans to expand operations into Madhya Pradesh.

The order highlights Crompton’s growing role in India’s clean energy transition, particularly in boosting rural infrastructure through solar adoption.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..