Oswal Pumps Secures ₹180 Crore Order Under PM-KUSUM Scheme – EQ
In Short : Oswal Pumps has secured a ₹180 crore order under the PM-KUSUM scheme, strengthening its role in India’s solar-powered agriculture push. The order supports the deployment of solar pump systems for farmers, promoting clean energy use, reducing diesel dependence, improving irrigation access, and advancing sustainable rural development objectives.
In Detail : Oswal Pumps has won a ₹180 crore order under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), marking a significant achievement for the company in the renewable energy and agri-infrastructure space.
The PM-KUSUM scheme aims to promote the use of solar energy in agriculture by supporting the installation of solar pumps and decentralized solar power plants. It is designed to enhance farmers’ income while reducing reliance on conventional energy sources.
The order will involve the supply and installation of solar-powered pump systems, helping improve irrigation access for farmers in rural areas. Solar pumps offer a reliable and cost-effective alternative to diesel and grid-powered systems.
By deploying solar pumps, the initiative contributes to lowering carbon emissions and reducing fuel costs for farmers. It also supports India’s broader goals of clean energy adoption and sustainable agriculture.
For Oswal Pumps, the order strengthens its presence in the solar pump segment and adds to its growing order book. It reflects confidence in the company’s manufacturing capability and execution expertise.
The project is expected to generate economic benefits beyond energy savings. Improved irrigation reliability can enhance agricultural productivity and resilience, particularly in regions facing power supply challenges.
PM-KUSUM has emerged as a key driver for rural solar adoption, creating opportunities for manufacturers, installers, and service providers across the value chain. Orders of this scale indicate continued momentum in scheme implementation.
The success of such projects depends on timely execution, quality assurance, and coordination with state agencies. Efficient delivery will be crucial to ensuring benefits reach farmers as intended.
Overall, Oswal Pumps’ ₹180 crore order under PM-KUSUM highlights the growing convergence of renewable energy and agriculture. It underscores the role of solar solutions in supporting farmer welfare, energy security, and India’s sustainable development goals.
