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Sunsure Energy secures Rs 262 cr project financing from FMO, Axis Bank
Sunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing approximately Rs 71 crore. This marks FMO's debut in India's Group Captive C&I renewable energy sector, aiming to power commercial and industrial clients with clean energy.
Oswal Pumps rises after securing Rs 236 crore solar pump order from Maharashtra
Oswal Pumps climbed 4.38% to Rs 427.65 after the company received a communication from the Maharashtra State Electricity Distribution Company for an additional order to supply 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS).
GK Energy shares rise 4% on securing ₹236 crore MSEDCL solar pump order
Following the latest contract, GK Energy said its cumulative order book from MSEDCL has risen to ₹637.83 crore. The company said the project is scheduled to be executed within 60 days from the issuance of the work order or Notice to Proceed (NTP).
GK Energy secures Rs 235.92 cr order for deployment of solar-powered irrigation systems
From Maharashtra State Electricity Distribution Company
GK Energy gains after securing Rs 236 crore solar water pumping systems order from MSEDCL
GK Energy rose 2.48% to Rs 142.70 after the company announced that it had received a Letter of Empanelment (LoE) from Maharashtra State Electricity Distribution Company (MSEDCL) for the deployment of 10,000 off-grid DC solar PV water pumping systems.
Oswal Pumps, Shakti Pumps shares gain up to 8% on MSEDCL orders for solar projects
Oswal Pumps and Shakti Pumps surged over 6% after MSEDCL orders for PM Kusum B Scheme solar project in Maharashtra. Oswal's order is for 236 crore, Shakti's for 354 crore.
Shakti Pumps shares surge 8% on Rs 354 crore solar pump order from MSEDCL
Shakti Pumps shares rose sharply on Monday trade after the company won a Rs 353.89 crore order from MSEDCL. The contract covers the supply, installation and commissioning of 15,000 off-grid solar photovoltaic water pumping systems under Maharashtra's Magel Tyala Saur Krushi Pump Yojana.
Shakti Pumps secures Rs 354 cr order from MSEDCL
Shakti Pumps India announced that it has received a letter of emplanement from Maharashtra State Electricity Distribution Company (MSEDCL) for the establishment of off-grid solar photovoltaic water pumping systems in Maharashtra.
Premier Energies plans to invest Rs 6,000 cr over 3 years in ingot, wafer biz
Premier Energies is set to invest Rs 6,000 crore over three years to establish ingot and wafer manufacturing capabilities, aiming for full integration in India's solar sector. This move aligns with government policy mandating domestic production of these components from 2028. The company's broader Rs 12,500 crore capex plan also includes expanding cell and module capacity and venturing into inverters, batteries, and transformers.
Oswal Pumps bags additional ₹236 crore solar pump order from MSEDCL
The project covers the installation of 3 HP, 5 HP and 7.5 HP solar water pumping systems at identified farmers' sites across the state under the PM Kusum B Scheme's "Magel Tyala Saur Krishi Pump" Yojana.
Shakti Pumps receives MSEDC empanelment for 15,000 solar pumps worth ₹353.89 crore
Shakti Pumps secures MSEDCL order for 15,000 solar water pumps in Maharashtra, valued at ₹353.89 crore.
Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in Punjab
Tata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Punjab to adopt rooftop solar systems with zero upfront cost. This initiative aims to install 200 megawatts of solar capacity over three years, allowing businesses to repay through savings-based EMIs or lease rentals.