Sale of solar-powered pumpsets on the rise
Failure of monsoon in some States, delays in getting a power connection for agriculture and government subsidies have contributed to an increase in the sale of solar-powered pumpsets in the country.
According to the Indian Pump Manufacturers’ Association (IPMA), sale of solar- powered pumpsets saw more than 50% growth in 2016-2017 compared to the previous year.
A farmer gets ₹2.16 lakh as subsidy for a five HP pumpset and the scheme expired last month. If the subsidy continues this financial year too, solar-powered pumpset sales might see even a 100% growth.
The association is slated to come out with draft standards for solar-powered pumps. Sale of agriculture pumpsets (non-solar) saw a 7% growth in 2016-2017 compared with 2015-2016. Sale of domestic pumps and submersible sewage pumps grew by 15% to 20% while export rose to 25% from 20% a year ago.