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Pm kusum project |
The PM Kusum Yojana (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) is a landmark initiative by the Indian government aimed at boosting solar energy adoption among farmers. Launched to enhance energy security, provide reliable irrigation, and reduce the carbon footprint, this scheme is a key step towards achieving sustainable agricultural growth. In this comprehensive blog, we will delve into the three core components of the PM Kusum Yojana, exploring its impact, benefits, and the role of various stakeholders a top solar panel manufacturer in India.
Component A: Installation of Decentralized Ground-Mounted Grid-Connected Renewable Power Plants
Key Features
Benefits
- Income Generation: Farmers earn by leasing their land or through direct participation in power generation.
- Energy Security: Enhances the reliability of power supply in rural areas, reducing dependence on conventional energy sources.
- Environmental Impact: Contributes significantly to the reduction of greenhouse gas emissions, promoting green energy solutions.
Component B: Installation of Standalone Solar Agriculture Pumps
Benefits
- Cost Savings: Reduces the expenditure on diesel or electricity for irrigation.
- Water Efficiency: Promotes the use of efficient irrigation practices, conserving water resources.
- Renewable Energy: Utilizes solar energy systems, reducing carbon footprint and promoting renewable resources.
Component C: Solarisation of Grid-Connected Agriculture Pumps
Key Features
Benefits
- Income Augmentation: Farmers earn additional income through the sale of surplus power.
- Energy Efficiency: Promotes the efficient use of energy, reducing electricity bills.
- Environmental Benefits: Enhances the adoption of renewable energy sources, contributing to environmental sustainability.
Financial Considerations and Subsidies
Subsidy Structure
- Central Financial Assistance: The government provides substantial subsidies covering a significant portion of the installation costs.
- State-Level Subsidies: Additional subsidies and incentives may be available at the state level, further reducing the financial burden on farmers.
Cost Benefits
- Solar Panel Cost: With subsidies, the cost of solar panels and installation becomes affordable for farmers, promoting widespread adoption.
- Return on Investment: The income generated through the sale of surplus power and savings on energy costs ensure a high return on investment for farmers.
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