ISA’s tender for water pumps pulls down prices by half.
India’s state-run Energy Efficiency Services Ltd (EESL) conducted the biggest global price discovery exercise by aggregating the need from 22 ISA member countries, in a potential order valued at $2.7 billion.
The price discovered for 272,000 pumps will be offered to all ISA member nations for approval and will serve as the reference point for this big worldwide order. It is going to also help replace pumps and aid these countries meet their commitments to the United Nations Framework Convention on Climate Change that was embraced by 195 countries in Paris in 2015.
The five solar-powered agricultural pump manufacturers qualified to bid for the biggest such worldwide order in 150 categories are Denmark’s Grundfos Pumps and India’s Rotosol, Premier, Refex Energy, and Shakti Pumps.
India and France have been front-ending attempts to install ISA, which is now India’s calling card climate change and is increasingly being seen as a foreign policy instrument. ISA has been called a”political project” from France. “That is a big moment not just for ISA or India but also for international efforts towards providing access to water and to help combat climate change,” said a senior Indian government official, requesting anonymity. ISA has stated that 24 member countries have submitted their off-grid and dispersed solar energy needs valued at a total of $5.1 billion.
ISA, the first treaty-based international government organization headquartered in India, is exploring to bring down the cost of modules. “This really is a price discovery exercise. We’ve obtained. Once finalized, ISA will communicate the decision to member nations who may place orders,” said a person aware of the development.