Jain Irrigation Powers Up with ₹135 Cr Solar Pump Order ☀️
Big news from Jain Irrigation Systems Limited! The company has just announced a major win, securing a substantial work order worth ₹135 crore (plus applicable GST) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL).
This exciting contract involves the design, manufacture, supply, transport, installation, testing, and commissioning of a whopping 5,438 Off-Grid DC Solar Photovoltaic Water Pumping Systems. These systems will come in various capacities – 3 HP, 5 HP, and 7.5 HP – catering to diverse agricultural needs.
The project falls under the ‘Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B Scheme’. For those unfamiliar, the PM-KUSUM scheme is a fantastic government initiative aimed at promoting solar energy in the agricultural sector. It helps farmers reduce their reliance on traditional grid electricity or diesel, fostering sustainable and cost-effective irrigation solutions across the country. This order clearly aligns with India’s push towards greener energy and agricultural self-sufficiency.
Jain Irrigation Systems Ltd. is set to execute this significant domestic order within the financial year 2025-26. This win underscores the company’s expertise and commitment to providing innovative solutions in the renewable energy and agriculture sectors. It’s a positive step that highlights their role in India’s green revolution! 🌱
source: Corporate Announcement
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