Crompton Bags Rs 14.98 Cr Solar Pump Order in Madhya Pradesh ☀️

Big news from Crompton Greaves Consumer Electricals Limited! The company has just announced a significant order win that’s set to boost its presence in the renewable energy sector. 🚀

Crompton has received a Letter of Award from Madhya Pradesh Urja Vikas Nigam Limited for the installation of 452 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). These systems come in various capacities, including 2HP, 3 HP, 5 HP, and 7.5 HP, and are part of Component -B of the PM KUSUM B scheme, which is being implemented in Madhya Pradesh as the PM KrishakMitra Surya Yojana. This initiative aims to empower farmers by providing reliable and sustainable irrigation solutions.

What’s the value of this green initiative? The total work order is approximately Rs. 14.98 Crore, excluding GST. This is a domestic order, highlighting Crompton’s commitment to contributing to India’s energy independence and agricultural development.

And the best part? The company is set to complete this project swiftly, with the installation expected to be done within 120 days from the date of the work order’s issuance. This quick turnaround underscores Crompton’s operational efficiency and readiness to deliver on large-scale projects.

This order not only strengthens Crompton’s portfolio in the solar energy space but also aligns perfectly with the nation’s push towards sustainable and renewable energy sources. It’s a win-win for both the company and the environment! 🌱

source: Corporate Announcement

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