In a significant boost to its renewable energy portfolio, Saatvik Green Energy Limited announced on Monday that it has secured a contract worth approximately ₹13.50 crore (exclusive of GST) from the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL).
The order involves the comprehensive deployment of 815 off-grid DC solar photovoltaic water pumping systems across various districts in Maharashtra. This project is a key part of the "Magel Tyala Saur Krushi Pump Yojana" and the central government's PM-KUSUM (Component B) scheme, aimed at de-dieselizing the agricultural sector.
Powering Maharashtra’s Farms
The contract covers the end-to-end execution of solar solutions tailored to different landholding sizes. The scope includes:
Pump Capacities: 3 HP, 5 HP, and 7.5 HP systems.
Full Lifecycle Support: Design, manufacture, supply, installation, and commissioning.
Long-Term Reliability: A 5-year complete system warranty, including repair, maintenance, and a remote monitoring system (RMS) to ensure optimal performance.
Rapid Execution Timeline
The Haryana-based solar manufacturer has committed to a swift rollout, with the installation and commissioning of all 815 units expected to be completed within 60 days of receiving the work order.
Under the PM-KUSUM B scheme, farmers receive these high-efficiency pumps at a highly subsidized rate—typically paying only 10% of the cost (5% for SC/ST beneficiaries)—enabling reliable daytime irrigation without dependence on the conventional power grid.
Strengthening Market Leadership
This win follows Maharashtra’s recent achievement of a Guinness World Record for the fastest deployment of solar pumps, underscoring the state's aggressive push toward green energy. For Saatvik Green Energy, which has an operational manufacturing capacity of 3.8 GW, this domestic order further solidifies its position as a key player in India's solar-agriculture ecosystem.
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