Saatvik Wins PM-KUSUM Solar Pump Project In Maharashtra
POWER & RENEWABLE ENERGY

Saatvik Wins PM-KUSUM Solar Pump Project In Maharashtra

Saatvik Green Energy on Monday said it has secured a project worth Rs 135 million under the PM-KUSUM scheme in Maharashtra.

The order has been awarded by Maharashtra State Electricity Distribution Company Limited, the company said in a regulatory filing. The project involves the installation and commissioning of 815 solar photovoltaic water pumping systems at identified farmer sites across the state.

The systems will include pumps of 3 horsepower, 5 horsepower and 7.5 horsepower capacity, aimed at supporting agricultural irrigation through clean and decentralised solar power solutions.

Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan seeks to add 34,800 MW of solar capacity by March 2026, with a focus on boosting farmers’ incomes and reducing dependence on grid electricity and diesel.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Saatvik Green Energy on Monday said it has secured a project worth Rs 135 million under the PM-KUSUM scheme in Maharashtra. The order has been awarded by Maharashtra State Electricity Distribution Company Limited, the company said in a regulatory filing. The project involves the installation and commissioning of 815 solar photovoltaic water pumping systems at identified farmer sites across the state. The systems will include pumps of 3 horsepower, 5 horsepower and 7.5 horsepower capacity, aimed at supporting agricultural irrigation through clean and decentralised solar power solutions. Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan seeks to add 34,800 MW of solar capacity by March 2026, with a focus on boosting farmers’ incomes and reducing dependence on grid electricity and diesel.

Next Story
Real Estate

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..

Next Story
Real Estate

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement