Australian Premium Solar (India) Ltd. (APS) has secured a US$1.613 million contract from the Tripura Renewable Energy Development Agency (TREDA), under the Government of Tripura. The project involves the solarization of 500 agricultural pumps across the state, under the PM-KUSUM Scheme (Component C) of the Ministry of New & Renewable Energy.
The project aims to install 500 solar-powered 2 HP AC agricultural pumps across Tripura. The initiative is part of a broader government effort to reduce reliance on traditional energy sources, such as electricity and diesel, by integrating sustainable and renewable energy solutions into the agricultural sector. APS will execute the project according to the timeline and terms outlined in the Letter of Award (LoA).
Financial and Strategic Implications
Valued at US$1.613 million (INR 138.5 million), the project represents a substantial investment in renewable energy infrastructure in Tripura. APS anticipates that this contract will not only expand its customer base but also have a positive impact on the company’s profitability. The initiative aligns with APS’s ongoing commitment to providing eco-friendly and energy-efficient solutions to Indian farmers.
PM-KUSUM Scheme Overview
The PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Scheme is a flagship program designed to promote renewable energy use in agriculture. By facilitating the installation of solar-powered agricultural pumps, the scheme seeks to mitigate the rising costs of electricity and diesel while addressing challenges related to climate change and water availability. This project in Tripura is a step toward achieving these objectives and empowering farmers with reliable energy solutions.
Addressing Agricultural Challenges with Solar Pumps
India’s agricultural sector faces significant challenges, including erratic rainfall and escalating energy costs. APS aims to address these issues through its solar-powered water pumps, offering an alternative to traditional energy sources. The company is dedicated to supporting farmers by providing reliable and affordable technology, thereby reducing operational costs and promoting self-reliance in agriculture.
The APS solar water pumps are designed to cater to various applications, such as borewells, open wells, and domestic agricultural use. With a supply voltage range of 90-360 VDC, an MPPT efficiency of over 95%, and motor efficiency exceeding 84%, these pumps represent a practical solution for India’s farming community.
Also read: Servotech Secures Major Solar Agriculture Pump Project in Uttar Pradesh Under KUSUM Scheme
APS’s Commitment to Indigenous Solar Technology
Leveraging years of research and experience, APS continues to develop and distribute indigenous solar solutions. The company’s range of high-efficiency solar PV modules, including innovative products such as Twin Power, Dual Glass, and Bifacial modules, underscores its role in advancing renewable energy technologies in India.
APS’s Whole Time Director, Dhavalkumar Jayeshkumar Suthar, expressed enthusiasm about the project, emphasizing its alignment with the company’s commitment to advancing renewable energy solutions in India.
“This project is an essential part of our vision to provide farmers with sustainable energy options, reducing their reliance on costly and non-renewable energy sources.”
Future Outlook
By partnering with TREDA to implement this project in Tripura, APS reinforces its commitment to renewable energy adoption in agriculture. The company’s initiatives under the PM-KUSUM Scheme represent a significant contribution to sustainable farming practices and highlight the growing importance of solar energy in meeting India’s agricultural needs.