Saatvik Green Energy Expands Solar Pump Portfolio with New ₹16.74 Crore Order
Saatvik Green Energy Limited, a prominent player in India’s renewable energy sector, has enhanced its collaboration with Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) by securing an additional order valued at approximately ₹16.74 crore. This order focuses on the design, production, and deployment of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) aimed at supporting farmers across Maharashtra.
Details of the New Order
The recent contract comes as part of the Magel Tyala Saur Krushi Pump Yojana under the PM-KUSUM-B initiative. It involves the delivery of 1,000 solar water pumps with capacities of 3 HP, 5 HP, and 7.5 HP. The latest addition raises the total order from MSEDCL to 1,815 solar water pumps, with a cumulative value hitting approximately ₹30.24 crore.
Comprehensive Support for Farmers
Saatvik Green Energy will not only oversee the installation and commissioning of these systems but will also offer a comprehensive warranty, maintenance services, and an innovative remote monitoring system for five years. This commitment is crucial for ensuring the longevity and performance of the solar pumps, which are vital for sustainable irrigation practices.
CEO’s Statement on the New Development
Prashant Mathur, CEO of Saatvik Green Energy, expressed optimism regarding the new order, stating, “This additional order underscores the momentum in our solar pump division and demonstrates the confidence placed in our operational capabilities. Solar water pumps are pivotal in advancing sustainable irrigation, reducing reliance on diesel and grid electricity, and enhancing energy accessibility for the agricultural community. Our participation in PM-KUSUM highlights our dedication to aiding India in its agricultural and rural energy transition through reliable, locally-produced solutions.”
Saatvik’s Commitment to Renewable Energy
This new venture solidifies Saatvik’s role in the decentralized solar and agricultural energy space, aligning with India’s broader goals of energy security and eco-friendly farming methods. With a diverse portfolio that includes solar modules, inverters, and EPC solutions, Saatvik Green Energy Limited is well-positioned as a trusted partner in India’s journey towards renewable energy advancement.
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