In my opinion, governments typically oppose monopolies and favor competition. While better technology from Shakti is beneficial for everyone in the value chain and for the country, we must consider a key point in the context of the new tender that Amit shared. At the end of the day, a competitor of Shakti could potentially submit a lower bid and still meet all the tender requirements, even without the technological advantage that Shakti Pump offers (according to management).
Yes, this might mean that farmers need to manually turn off the pump and feed the grid to earn money when there’s no need to pump water for the field. Although this adds a layer of inconvenience, it’s manageable.
Ultimately, as long as a competitor can offer remote monitoring capabilities and fulfill all the tender requirements, they have a chance to win this tender, even without the advanced technology that Shakti provides.
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