PM-KUSUM 2 likely to be rolled out soon, says union minister Pralhad Joshi
New Delhi, Aug. 7 -- The government may come up with Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) 2 soon as PM-KUSUM 1 has been closed, Union Minister Pralhad Joshi said on Thursday.
The scheme aims to reduce the farm sector's dependence on diesel and enhance farmers' incomes by providing central subsidies of up to 30-50 per cent for standalone solar pumps and the solarisation of existing grid-connected pumps. It also enables farmers to set up grid-connected solar power plants of up to 2 MW on barren or fallow land and sell electricity to local discoms at state-regulated tariffs.
Addressing the 7th CII International Energy Conference, the Minister said, "PM Kusum 1 has been completed. That scheme is closed and ve...
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