Economy

MNRE scales up PM-KUSUM scheme goal to 30.8 GW of solar capacity by 2022

Our Bureau New Delhi | Updated on November 09, 2020 Published on November 09, 2020

As per Mercom report, rooftop solar installations accounted for 155 MW in Q3 2020, an increase of 82% compared to 85 MW installed in Q2 2020   -  Getty Images/iStockphoto

The Ministry of New and Renewable Energy has issued an order for the scale-up and expansion of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme. The target now is to achieve enhanced solar capacity of 30.8 gigawatt (GW) by 2022 with revised Central financial support of ₹34,035 crore.

In February 2019, the Cabinet Committee on Economic Affairs had approves the launch of the PM-KUSUM scheme. The scheme aims providing financial and water security to farmers. The scheme had aimed to add a solar capacity of 25,750 MW by 2022. The total Central financial support then supposed to be provided under the scheme was ₹34,422 crore.

The scheme now consists of three components. The first is 10,000 MW of decentralised ground mounted grid connected renewable power plants up to 2 MW. The second is installation of 20 lakh (up from 17.50 lakh) stand-alone solar powered agriculture pumps. The third component is solarisation of 15 lakh (up from 10 lakh) grid-connected solar powered agriculture pumps.

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Published on November 09, 2020
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