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PM KUSUM

MNRE Issues Guidelines for Executing Component-C of KUSUM Scheme

MNRE has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore PM Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) scheme. The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Component-C of the Rs 34,422 crore Pradhan Mantri-Kisan Urja Suraksha evam Uthan Mahabhiyan (PM-KUSUM) scheme. […]

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MNRE Issues Draft Guidelines for Development of Decentralised Solar Plants

MNRE has issued the draft guidelines for the development of decentralised solar plants with the aim to promote the decentralised use of solar energy The Ministry of New and  Renewable Energy (MNRE) has issued the draft guidelines for the development of decentralised solar power plants with the aim to promote the decentralised use of solar […]

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EESL Tenders for 175,000 Off-Grid Solar Pumps Under KUSUM

EESL has issued a tender for the procurement of 175,000 off-grid solar water pumps. Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power has issued a tender, under the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme, for the procurement of 175,000 off-grid solar pumps. The scope of work […]

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PM Modi Presses upon Upgrading Farmers’ Income with Solar Power Scheme

The solar power scheme aims at enhancing farmer’s living through boosting their income levels by allowing them to sell additional power to the grid through solar plants set up on their barren lands. During the Independence Day Speech, PM Narendra Modi has laid special emphasis on the application of the solar energy generation and announced […]

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Cabinet to Vet Rs 48,000 Crore KUSUM Scheme for Solar Power by March

KUSUM will also improve the present scheme for rooftop solar systems. The government is enlarging the scope of the existing scheme and its mechanism, he said adding that the government is thinking of beginning KUSUM with 7.5 lakh solar pumps.     In a significant development, the Rs 48,000-crore KUSUM scheme to promote the use […]

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Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms

Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […]

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Advait Energy Bags 40,000 Off-Grid Solar Pumps Order In Karnataka

Gujarat-based company Advait Energy Transitions recently secured an off-grid solar order from Karnataka Renewable Energy Development Limited (KREDL). The company secured the order to develop 40,000 off-grid or stand-alone solar pumps under the PM-KUSUM Component ‘B’ scheme in Karnataka. Advait Energy said in a regulatory filing, “The company will design, develop, deploy, and maintain a […]

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Oswal Pumps Set To Ride Solar Boom With IPO Nod

The Securities and Exchange Board of India (SEBI) has approved the issuance of an Initial Public Offering (IPO) by Oswal Pumps. This move paves the way for the Karnal-based solar pump company to enter the stock market. The approval comes at a time when several solar companies and solar pump manufacturers have already entered the […]

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IREDA Sanctions Up 129% In Q3, Disbursements Rise 41%

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […]

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