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CRI bags Rs 150 cr EESL order



CRI has bagged a Rs.150 crore order from Energy Efficiency Services Limited (EESL), a Government of India Enterprise under the Union Ministry of Power, for implementation of the Agriculture Demand Side Management (AgDSM) program in association with the Government of Andhra Pradesh.

The AgDSM program is aimed to replace existing inefficient agriculture pumps with BEE five star rated energy efficient pumpsets along with Internet of Things (IoT) enabled smart control panels with estimated energy saving potential of 25 per cent.

These pumpsets are provided at free of cost to farmers with free maintenance for five years. The project will cover over 40,000 farmers in Andhra Pradesh.

The order follows by CRI Pumps taking up a pilot project eight years ago in Maharashtra- the only company to do so, initiated by the Bureau of Energy Efficiency, Government of India to reduce electricity consumption used for irrigation.

The average efficiency range of BEE Star rated Energy Efficient Pumpsets is 40 to 50 per cent compared to 20 to 30 per cent of existing pumpsets.

Saurabh Kumar, Managing Director, Energy Efficiency Services Ltd. said, "The implementation of AgDSM program is crucial as electricity bills for agricultural pumpsets are being paid by government in the form of subsidy. Currently, over two crore pumpsets are used in agriculture in India consuming 173.2 billion units of electricity per annum. Over five lakh new pumpsets are added each year.

"Low-cost or free electricity coupled with high inefficiencies contributes to adoption of inefficient and unreliable pumpsets, resulting in massive water wastage and high energy consumption. EESL has taken up the initiative of accelerating the implementation of AgDSM programme in India." Mr.Kumar further added, Rs.400 crores have been earmarked for the project," he added.

G. Soundararajan, Vice-Chairman, C.R.I. Group, said, "C.R.I. has always been in the pursuit of trendsetting innovations over the years and the company has evolved to become a total fluid management solutions provider across various sectors.

On the outset of the implementation of AgDSM program, he said, "The highly energy efficient pumpsets, equipped with laser-welded stainless steel impellers for corrosion resistance are supplied with IoT enabled smart control panels for seamless integration. The IoT enabled pumpsets will help farmers to monitor through their mobile phones; the working condition of the pumps; switch on and off the pumps using their mobile phones any time, from anywhere; monitor power consumption; track performance in real time; and also get message alerts through their mobile phones if anyone tries to steal the pumps.

"The pumps are also programmed to automatically switch off when there is no groundwater or stop in power supply. In addition to high levels of energy savings, it will make operating the pumps easier for farmers as well as bring down repair costs. He added "The Electricity Department can also remotely monitor power consumption details, quality of power, running hours and various other parameters," he added.

Shashi Kant, Regional Manager and Deputy General Manager, Energy Efficiency Services Ltd. said "The AgDSM program in Andhra Pradesh in the first phase involves replacement of one lakh old inefficient pumpsets with BEE 5 star rated energy efficient pumpsets along with smart control panels. Over the next few years, 15 lakh inefficient agriculture pumps will be replaced in the State.

"The program aims to save 349 million units of energy per annum amounting to savings of Rs.139.60 crores per annum for the government. The project duration is 5 years," he added.

The campaign for energy efficient pumps is backed by the Union Ministry for Power, Government of India.

C.R.I. world's fastest growing company is a Coimbatore based fluid management solution provider with global presence catering to all types of Industrial and Institutional fluid application Pumps, Motors, Valves, Residential and Agriculture pumpsets, IoT Drives and Controllers, Pipes, Wires and Cables, Solar Systems.

The Group has a diversified product range of 6,000 products and one of the few to manufacture 100 percent stainless steel pumps in the world.

CRI products are sold through 20,000 outlets over 120 countries backed by 1,500 service centres worldwide. The company has 21 manufacturing facilities across the world and has made acquisitions in the UK and Italy.

C.R.I. offers the highest number of 5 star rated pumps in India and so far, installed 7 Lakh star rated pumpsets with a cumulative savings of over 5000 million units of power for the nation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Sat, May 05 2018. 05:05 IST