Ministry invites EoIs to install solar pumps under KUSUM

03 Aug 2022 CW Team

The Ministry of New and Renewable Energy (MNRE) has invited expressions of interest (EoIs) for installing 50 innovative solar pumps under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) programme.

The purpose of the call for EoIs is to promote innovation in solar pumps by allowing the innovators to showcase their technologies in real field conditions. The successful bidder will be responsible for the operation and maintenance of the installed pumps for five years.

The ministry will shortlist the promising technologies with claims for improved parameters and allow the selected innovators to install solar pumps under the PM-KUSUM programme. The last date to submit the bids is August 18, 2022.

At present, under the programme, solar pumps fulfilling the MNRE specifications can be installed. However, to promote technological innovation, the ministry has decided to permit the installation of innovative standalone solar pumps in test mode.

The MNRE program supports the installation of 2 million standalone solar pumps of capacity up to 7.5 HP by 2025-26.

Only those innovative products which are available for testing and field trials will be eligible for participation.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..