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CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme

The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […]

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Under KUSUM Scheme, Govt. to Provide 2.75 Million Solar Pumps to Farmers

“Initially the solar-pumps will be distributed as per the demand from each region but at the later stage, if required, we will provide more pumps,” power minister R K Singh. Under the first phase of Kisan Urja Suraksha Evam Utthaan Mahaabhiyan (KUSUM) scheme that is to be launched by July 2018, the government will provide 2.75 million […]

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Cabinet Approval Soon for Rs 50k cr KUSUM Scheme on Solar Farming

We would be able to implement the scheme in first half of this fiscal, says Anand Kumar. The KUSUM scheme may soon get the Cabinet nod by this month end and will be rolled out in the first half this fiscal, a senior official said. On the launch of TERI year book, New and Renewable Energy Secretary Anand Kumar said, […]

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KUSUM Scheme – harnessing solar power for rural India

Solar water pumps to be installed in remote areas for irrigation needs Farmers can get extra income by selling surplus solar power to DISCOMs The Government of India is in the process of formulating a Scheme ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM)’ which, inter alia, provides for: (i)         installation of grid-connected solar power plants […]

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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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Maharashtra Issues 24 Tenders For Rooftop Solar Projects

The Maharashtra Energy Development Agency (MEDA) has now issued a total of 24 tenders for solar projects. Most of these projects are rooftop solar projects on government institutions. A few of them are rural solar streetlight projects. Most of these projects have been planned in the Gadchiroli, Nagpur, Chandrapur, Bhandara, and Wardha districts in Maharashtra. […]

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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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PLI Should Be Extended To Agri-Based Manufacturers: ICRIER

The latest Indian Council for Research on International Economic Relations (ICRIER), report called for extending India’s production-linked incentive (PLI) scheme—currently supporting domestic solar panel manufacturing—to include low-carbon agricultural technologies. These could include livestock feed additives that reduce methane emissions (such as Rumen8) and biofertiliser products, the report added. India’s agriculture sector is vulnerable to climate […]

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ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz

ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […]

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