MNRE revises targets under PM-KUSUM scheme

The MNRE has raised the target of solar capacity addition under the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme. While Component A of the programme remains unchanged, the MNRE has increased the original targets under Components B and C. Under Component B, the target for stand-alone solar pumps has been increased to 2 million from 0.25 million. Under Component C, the target for grid-connected agricultural pumps has been revised to 1.5 million from the initial target of 1 million. These changes represent an overall revision in the scheme’s targeted capacity from 25.75 GW to 30.8 GW by 2022. However, the MNRE has reduced the allocated funding for the programme from Rs 344.22 billion to Rs 340.35 billion. The installation of the targeted capacities will take place in 2020-21.

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