PM Kusum Yojana Scheme: Complete Guide to Solar Power Benefits and Application Process
Overview of PM KUSUM Yojana
The Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) Scheme seeks to raise farmers’ incomes while reducing the amount of diesel used in agriculture. Up to 30% or 50% of the total cost of constructing standalone solar pumps or solarizing already-existing grid-connected agricultural pumps can be subsidized by the central government under this program. On their fallow or bare land, farmers can also install grid-connected solar power plants up to 2 MW in capacity. The electricity produced can then be sold to nearby DISCOMs at rates set by state regulators.
The yojna has four pillar components named:
1. Solar or Renewable Energy Power Plants (REPP)
2. Standalone Solar Pumps
3. Solarization of Grid-Connected Pumps and
4. Feeder-Level Solarization