Oswal Pumps Bags Rs 1.80 Bn PM-KUSUM Solar Pump Order

31 Dec 2025 CW Team

The PM-KUSUM scheme is a flagship government initiative aimed at promoting the use of solar energy in agriculture through the deployment of solar-powered irrigation pumps and decentralised solar power systems. The programme seeks to enhance farmers’ income, improve irrigation reliability and reduce dependence on conventional grid electricity and diesel-based solutions.

Under the latest order, Oswal Pumps will supply and install solar-powered pump systems across rural areas, helping farmers gain access to dependable and cost-effective irrigation. Solar pumps offer a sustainable alternative to diesel and grid-powered pumps, particularly in regions facing erratic power supply, while also lowering operational costs for farmers.

The deployment of solar pumps is expected to contribute to reduced carbon emissions by cutting fossil fuel usage, while aligning with India’s broader clean energy and climate commitments. In addition to environmental benefits, the initiative supports sustainable agricultural practices by ensuring uninterrupted water availability for crops.

For Oswal Pumps, the Rs 1.80 billion order strengthens its position in the fast-growing solar pump segment and adds visibility to its order book. The win reflects confidence in the company’s manufacturing capabilities, execution expertise and ability to deliver large-scale renewable energy projects under government-backed schemes.

Beyond energy savings, the project is expected to generate wider economic benefits. Improved access to reliable irrigation can boost agricultural productivity, enhance farm incomes and build resilience in drought-prone and power-deficient regions.

PM-KUSUM continues to emerge as a key driver of rural solar adoption, creating opportunities across the renewable energy value chain. Large orders such as this indicate sustained momentum in the scheme’s implementation and growing adoption of solar solutions in Indian agriculture.

News source: CNBC TV18

Oswal Pumps has secured an order worth Rs 1.80 billion under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), marking a significant milestone for the company in India’s renewable energy and agricultural infrastructure segment.The PM-KUSUM scheme is a flagship government initiative aimed at promoting the use of solar energy in agriculture through the deployment of solar-powered irrigation pumps and decentralised solar power systems. The programme seeks to enhance farmers’ income, improve irrigation reliability and reduce dependence on conventional grid electricity and diesel-based solutions.Under the latest order, Oswal Pumps will supply and install solar-powered pump systems across rural areas, helping farmers gain access to dependable and cost-effective irrigation. Solar pumps offer a sustainable alternative to diesel and grid-powered pumps, particularly in regions facing erratic power supply, while also lowering operational costs for farmers.The deployment of solar pumps is expected to contribute to reduced carbon emissions by cutting fossil fuel usage, while aligning with India’s broader clean energy and climate commitments. In addition to environmental benefits, the initiative supports sustainable agricultural practices by ensuring uninterrupted water availability for crops.For Oswal Pumps, the Rs 1.80 billion order strengthens its position in the fast-growing solar pump segment and adds visibility to its order book. The win reflects confidence in the company’s manufacturing capabilities, execution expertise and ability to deliver large-scale renewable energy projects under government-backed schemes.Beyond energy savings, the project is expected to generate wider economic benefits. Improved access to reliable irrigation can boost agricultural productivity, enhance farm incomes and build resilience in drought-prone and power-deficient regions.PM-KUSUM continues to emerge as a key driver of rural solar adoption, creating opportunities across the renewable energy value chain. Large orders such as this indicate sustained momentum in the scheme’s implementation and growing adoption of solar solutions in Indian agriculture.News source: CNBC TV18

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Infrastructure Urban

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Infrastructure Energy

06 Apr 2026

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..