solar power pv pumpset_a way forward irrigation solution
TRANSCRIPT
FARM MECHANISATION : Whitespace
Saurav Paul Page 1
Objectives Description
Background Farm Mechanisation has been a backbone of Agriculture value chain.
More than 60% of net sown area of Indian agriculture being a rainfall
dependent the productivity gets marred with the erratic rainfall.
Thus irrigation becomes a important aspect for crop productivity. The
source of irrigation becomes an important for cost of production and
the productivity output of the crop.
As per an estimate Indian farmer uses 21 million pumpsets in their
field for irrigation.
These pump sets are diesel or grid connected electric powered.
Although the grid electricity in India is provided at subsidized rate but
due to scarcity in rural electrification and insufficient power supply
there is strong need of alternative source of power which can cater to
this short and ensure a continuous and timely supply.
The Theme A solar powered photo voltic pump set for irrigation could be a
economically viable proposition in comparison to conventional
pumps.
Although initial capex is high due to photovoltaic modules but in long
run ROI is positive owing to lower operating cost/ lower
maintenance/enviro friendly/convenience.
“Constraint” thus
an “Opportunity”
High initial cost of investment therefore requires a targeted
positioning of the product.
Innovative delivery models
Competition Tata Power solar System/Kirloskar/Jain Irrigation/Sunedision/Topsun energy etc
Strength of
competition:
All these companies have a strong dealer channels for distribution of
their various product.
They have the first mover advantage as well as captive customers.
Weakness:
Due to high initial cost of investment all customers cannot be
converted.
Lack of any financing models, thus currently all companies targeting
high net worth farmers.
The Company for
investment
A company which sells the product with an offering of a solution which
integrates electric and solar solutions in pumps with a future planning to
increase sales by evaluating direct sales, distributor models as well rural
distribution through collectives.
Initial higher cost of investment and sales to be taken care by Targeted
Positioning:
Targeted area basis high value crop cultivation (cash crop areas),
individual farmers’ landholding (Large farmers), progressiveness,
annual rainfall area.
FARM MECHANISATION : Whitespace
Saurav Paul Page 2
Targeted customer base basis farmers’ prosperity, literacy, early
adaptors.
Providing this solution through collectives like Farmer producer
companies, Co-operatives, Farmers clubs, SHGs, JLGs etc basis
outright purchase the leasing model to farmer members.
Through tripartite arrangements which includes Govt Grant/Bank
loans /Farmers margin Money
Leaderships team: One which has understanding technical, rural markets,
inquisitiveness, perseverance & passion