Corrit Energy CEO says 60% of irrigation pumps run on solar
In short
Corrit Energy and Infra CEO Mayur Misra said 60% of irrigation pumps run on solar energy. The summary also says 88 lakh of the country’s 3 crore pumps run on diesel, and farmers want to earn more from the PM-KUSUM scheme.
This matters for farmers and the solar-pump market. The report does not say when he made the comments or what will change next.
What the reporting says
Corrit Energy and Infra CEO Mayur Misra said 60% of irrigation pumps run on solar energy, according to a BusinessLine Economy summary. The same summary says only 88 lakh pumps out of 3 crore in the country run on diesel, and farmers are looking to earn more from the PM-KUSUM scheme. The reporting does not say when the comments were made or what policy change, if any, follows.
Why it matters
Corrit Energy and Infra CEO Mayur Misra is quoted in a BusinessLine Economy summary saying 60% of irrigation pumps run on solar energy. The same summary says only 88 lakh pumps out of 3 crore run on diesel, and farmers are looking to earn more from the PM-KUSUM scheme. The immediate business implication is for solar irrigation and related equipment demand, but the source does not say how this was calculated or what policy or market reaction followed.