Servotech Bags 1100 Grid Connected Agriculture Pumps order

31 Dec 2024 CW Team

Servotech Renewable Power System Ltd., India’s leading solar solutions and EV Charger manufacturer has secured an order of approx. 1100 Grid-connected Agriculture Pumps under “KUSUM Component C-1 Scheme” from Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA), Uttar Pradesh Government. This project will be a huge step towards solarise farming of Uttar Pradesh and driving India closer to being a solar- powered nation.

The project valued at around Rs 310 million will involve manufacturing, supplying, installation, testing & commissioning of Grid Connected Agriculture Pumps along with solar power plants. Furthermore, the project involves for Servotech to provide comprehensive warranty maintenance for the next 5 years for pumps ranging from 2 HP, 3 HP and 5 HP with solar power plant with capacities of 3 kW, 4.5 kW, and 7.5 kW, for a total of 1094 solar pumps across Uttar Pradesh contributing to the state’s renewable energy goals.

Commenting on the order, Sarika Bhatia, Director, Servotech Renewable Power System Ltd. said, “We are excited to get this order from UPNEDA to support Uttar Pradesh’s green energy initiatives. We understand the difficulties farmers experience when relying on diesel generators and traditional energy sources for irrigation and other agricultural purposes.

This provides an opportunity to access clean, sustainable, and cost-effective solar energy solutions, which will help reduce dependency on grid electricity. Solar-powered irrigation and energy systems will lower the operational costs, increase productivity, and ultimately contribute to the prosperity of rural communities. This partnership not only enhances the energy security but also aligns with the state’s long-term environmental goals, creating a more sustainable future for farming and agriculture in Uttar Pradesh.”

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..