RMC Switchgears Receives Order for 5,000 Solar Pumps in Maharashtra
RMC Switchgears Limited, a Jaipur based electrical equipment manufacturer has announced receipt of Letter of Acceptance (LOA) for the supply, installation, and commissioning of 5,000 solar pumps in Maharashtra. This order valued INR 90 crore comprises 3HP, 5HP, and 7HP solar pump systems, and is slated for completion in FY25-26.
Maharashtra Renewable Energy Plan for Support to Agriculture Sector
Maharashtra’s major rural population is dependent upon agriculture for livelihood. But, scarcity of water and power supply to these areas has been a challenge for Government.
Maharashtra Cabinet in August 2024 allocated Rs 10,000 crore for the Chief Minister’s solar agriculture feeder program 2.0. The program targets deployment of 1,50,000 Off-Grid Solar Powered Agriculture pumps in a phase-wise manner by 2030.
Strategic Alignment with RMC’s Solar Module Manufacturing Plant
This order win follows RMC’s recent decision to establish a 1 GW Solar Module manufacturing plant in Jaipur, Rajasthan, which is anticipated to begin production by July 2025, and entails an investment of Rs. 100 crore. RMC’s backward integration strategy targets to reduce dependence on external suppliers, while supporting the growing demand for solar power modules in large-scale projects.
Order Aligned with Maharashtra’s Clean Energy Goals – RMC
Speaking about this order win, Mr. Ankit Agrawal, CEO and whole-time Director of RMC Switchgears, said, “This LOA is a significant milestone for RMC’s Solar-based EPC business, showcasing our capabilities in delivering real-world solar solutions and aligning with Maharashtra’s clean energy ambitions”.
About RMC Switchgears Limited: RMC Switchgears specialises in the manufacturing of electrical enclosures designed to prevent electrical theft and to enhance safety by preventing electrocution. The Company has established a strong reputation in the smart meter enclosure market, supporting utilities across India under initiatives such as the Revamped Distribution Sector Scheme (RDSS). For FY-24, the company generated a revenue of Rs. 172.60 crore.