Schemes Schemes

PM Kusum Yojana 2024: Online Registration, Benefits & Subsidy

Know in detail about PM Kusum Yojana, the eligibility criteria, the process of application, and much more from experts. Start now with the PM kusum yojana online registration.

PM Kusum Yojana

The Pradhan mantri Kusum Yojana is a continuation from the order of 8 march 2019. It has been amended to suit the present situation. This scheme is provided directly to benefit the Ministry of New and Renewable Energy  (MNRE) with an objective to enhance the income and growth of farmers. Farmers are encouraged to install solar pumps for irrigation under this program. Each farmer will receive a 30% government loan in addition to a 60% government subsidy on the installation of pump sets and tubewells.

Register for the PM Kusum Yojana to access solar energy solutions for farmers. For registration help, visit Company Registration.

PM Kusum Scheme Overview 

Scheme name PM Kusum Yojana
Started by Ministry of New and Renewable Energy (MNRE), Government of India
Objective Income growth of farmers
Beneficiaries Farmers of the country
Official website https://pmkusum.mnre.gov.in/

PM Kusum Yojana Updated Amendments 

Revisions  have recently been made to the Prime Minister’s Employment Generation Scheme (PM Kusum Yojana), It resolves the Pradhan Mantri Urja Suraksha evam utthan mahabyaan program’s executive sanction problem. To take into account the feedback from those with an interest in the issue, the yojana’s rules have been amended. The three principal components are still in place and in effect through 31 March 2026, and there has been a transfer of funds from component B to the other components.

  1. The execution of the scheme’s colour guidelines as well as its elements and components have been changed in connection with the expansion
  2. Central financial assistance is provided for each and individual farmers in multiple States across India. The financial assistance in itself covers 15 horsepower
  3. The requirement to use solar energy for component c’s feeder level solarisation. The solar cells have been taken out
  4. The budget allotment of ₹10,000 crore, which CCEA authorised, would be utilised before any additional budgetary resources could be accessed
  5. The authorities in charge of the 10 compound have given their approval for the issuance of this directive.

Goals of the PM Kusum Yojana

The total cost of the scheme includes three portions where farmers will receive help from the government. Farmers will receive a government subsidy of 60%, with government loans covering the remaining 30%. The project’s entire cost will only need farmers to donate 10% of it. The solar panel’s electrical output may be sold by farmers. With the revenue from selling electricity, a new company may be started. 

Advantages of the PM KUSUM Program

The following is a list of programme advantages for the PM KUSUM Yojana:

  1. Provides a risk-free source of revenue for farmers
  2. Ability to avoid excessive groundwater consumption
  3. Ensures a steady supply of electricity for farmers
  4. Minimises the carbon footprint of the farming industry
  5. Enables farmers to save money on agricultural power donations.

PM Kusum Yojana Components

Component A

  1. On unused land, labourers would construct 10,000 MW worth of decentralised, grid-connected renewable energy generating plants
  2. Farmers, cooperatives, groups of farmers, panchayats, Water User Associations (WUA), and Farmer Producer Organizations (FPO) can assemble these networks
  3. Within a 5 km radius of the sub-station, electricity projects will be constructed.

Component B

  1. Farmers would receive help from this scheme to instal stand-alone solar agriculture pumps costing ₹17.50 lakh
  2. With 7.5 HP of power, the new pumps can take the place of current diesel agriculture pumps
  3. 7.5 HP is the sole capacity that will receive financial support, even though the capacity may be higher.

Component C

  1. This program’s goal is to solarise 10 lakh grid-connected farming pumps
  2. Private farmlands having their own grid connected pumps will be provided with solar power under the scheme
  3. At a set price, the Distribution Companies of India (DISCOMs) will buy surplus solar energy
  4. The farmers’ irrigation needs will be met with the solar electricity produced.

PM Kisan Sampada Yojana

The pilot run for the scheme was completely successful. It was provided under component a and component C where 1000 megawatt and 1 lakh pumps were installed successfully.

After a sample run is deployed successfully, components A and C will be used for expanded capacity and pumps. Based on the demand, many state government agencies have gained the necessary competencies.

The tendering process or allocation for Components A and C shall be handled by the implementation organisation selected by the State Governments for the pertinent component. The table below provides details on sanctions and state organisations responsible for their implementation during 2021–2022, split down by component:

State Name State Implementing Agency
Assam Assam Power Distribution Company Limited
Chhattisgarh Chhattisgarh State Power Distribution Company Limited
Delhi Concerned Electricity Distribution Company
Haryana Dakshin Haryana Bijli Vitran Nigam (DHBVN) & Uttar Haryana Bijli Vitran Nigam (UHBVN)
Goa Goa Energy Development Agency
Gujarat Gujarat Energy Development Agency
Himachal pradesh HIMURJA
Jammu and kashmir Jammu And Kashmir Energy Development 
Jharkhand Jharkhand Bijli Vitran Nigam Limited (JBVNL)
Kerala Kerala State Electricity Board (KSEB)
Madhya pradesh Madhya Pradesh Urja Vikas Nigam Limited 
Maharashtra Maharashtra State Electricity Distribution Company Limited
Meghalaya  Meghalaya Energy Corporation Limited (MeECL)
Odisha Orissa Renewable Energy Development Agency (OREDA)
Puducherry Puducherry Electricity Department
Punjab Punjab Energy Development Agency (PEDA)
Rajasthan Rajasthan Renewable Energy Corporation Limited (RRECL)
Tamil nadu Tamil Nadu Generation & Distribution Corporation Ltd. (TANGEDCO)
Telangana Telangana State Renewable Energy Development Corporation
Tripura Tripura State Electricity Corporation Ltd. (TSECL)
Uttar pradesh Uttar Pradesh New and Renewable Energy Development Agency
State Component-A Component-B Component-C
Implementation Agency Sanc. Capacity

Implementation

Agency

Sanc. Quantity

Implementation

Agency

Sanc. Quantity
(MW) (No.) (No.)
Chhattisgarh No Demand

Chhattisgarh

Renewable Energy

Development

Agency (CREDA)

20000 No Demand
Delhi BSES Rajdhani Power Ltd. 10 No Demand No Demand
BSES Yamuna Power Ltd.

Tata Power Delhi

Distribution Limited

Haryana

Uttar Haryana Bijli

Vitran Nigam Limited (UHBVN)

25 Department of New & Renewable Energy (DNRE), Haryana Nodal Officer: P.K. Nautiyal Scientific Engineer ‘A’ pkn.hareda@gmail.com Contact: 9988798737 15000

Department of New &

Renewable Energy (DNRE), Haryana

Nodal Officer: P.K. Nautiyal

Scientific Engineer ‘A’ pkn.hareda@gmail.com Contact: 9988798737

468

Dakshin Haryana Bijli

Vitran Nigam Limited (DHBVN)

Himachal Pradesh

HP Govt. Energy

Development Agency (HIMURJA)

10 Department of Agriculture, Govt of HP Nodal Officer: Dr. Anand Prashar Joint Director Agriculture krishibhawan-hp@gov.in Contact: 9418042068 550 No Demand
Jharkhand

Jharkhand Bijli Vitran

Nigam Limited (JBVNL)

Nodal Officer: Ram Singh

Executive Engg, JREDA

shritvnl@rediffmail.com Contact: 9431929187

10

Jharkhand Renewable

Energy Development

Agency (JREDA)

Nodal Officer: Mukesh Prasad

Exec. Engg, JREDA

mp.jusnl@gmail.com Contact: 7004806449

10000

Jharkhand Renewable

Energy Development

Agency (JREDA)

Nodal Officer: Mukesh Prasad

Exec. Engg, JREDA mp.jusnl@gmail.com Contact: 7004806449

500
Gujarat

Gujarat Energy

Development Agency (GEDA)

40

Gujarat Urja Vikas

Nigam Limited (GUVNL)

4000 No demand

Karnataka

Hubli Electricity Supply

Company Limited (HESCOM)

Mangalore Electricity Supply

Company Limited (MESCOM)

Chamundeshwari Electricity

Supply Corporation

Bangalore Electricity Supply

Company Limited (BESCOM)

50

Karnataka Renewable

Energy Development

Limited (KREDL)

6000 No Demand
Kerala

Kerala State Electricity

Board (KSEB) Ltd

10 TBD 5200
MadhyaPradesh

Vikas

Nigam (MPUVN)

100

Madhya Pradesh

Urja Vikas Nigam

Limited (MPUVNL)

25000

Madhya Pradesh

Urja Vikas Nigam

Limited (MPUVNL)

15000

Maharashtra Maharashtra State

Maharashtra

Maharashtra State

Electricity Distribution

Company Limited (MSEDCL)

300

Maharashtra Energy

Development Agency (MEDA)

Nodal Officer: Vikas Rode

General Manager, MEDA

gmsolar@mahaurja.com Contact: 9422716490

30000

Maharashtra State Electricity

Distribution Company

Limited (MSEDCL)

9000
Manipur No Demand

Manipur Renewable Energy

Development Agency (MANIREDA)

20

Manipur Renewable

Energy Development

Agency

80
Meghalaya TBD 10 TBD 1700 TBD 60
Odisha No Demand

Orissa Renewable Energy

Development Agency (OREDA)

Nodal Officer: Ashok Kumar Choudhury

Joint Director, MESS ashok.oreda@gmail.com Contact:9861310407

2500 No Demand

 

Punjab

Punjab Energy

Development Agency (PEDA)

Nodal Officer: P.C. Bains

Joint Director, PEDA pcbains@gmail.com Contact:9417652250

30

Punjab Energy

Development Agency (PEDA)

Nodal Officer: P.C. Bains

Joint Director, PEDA

pcbains@gmail.com Contact:9417652250

4500

Punjab Energy

Development Agency (PEDA)

Nodal Officer: P.C. Bains

Joint Director, PEDA

pcbains@gmail.com Contact: 9417652250

3900
Rajasthan

Rajasthan Urja

Vikas Nigam Ltd. (RUVNL)

325

Horticulture Department,

Govt. of Rajasthan

Nodal Officer: Gopal Lal

Joint Director Horticulture ddh.hq.hort@rajasthan.gov.in

Contact: 9829051129

25000

Jaipur Vidyut Vitran

Nigam Limited (JVVNL)

12500

Tamil

Nadu

No Demand Agricultural Engineering Department (AED),Govt. of TN Nodal Officer: Smt. Shanthisundar Raman S.E. (Agriculture) aedcewrm@gmail.com Contact: 9841958188 17500

Tamil Nadu Energy

Development Agency (TEDA)

Nodal Officer: S.Sankaranarayanan

General Manager, TEDA gm1@teda.in Contact: 044– 28224830

20000

 

In return for buying electricity from farmers or developers at a price of 40 pence per kWh or ₹6.60 lakh per MW per year, whichever is less, Distribution Companies of India would receive a Procurement Based Incentive (PBI) from MNRE for the first five years (DISCOMs).

Parts B and C

Financial support is equal to 30% of the lower of the lowest bid price or the benchmark cost.

30% of the subsidies from the State Government. The farmer’s portion is 40%. Farmers in J&K, Himachal Pradesh, Uttrakhand, North Eastern States, Sikkim, Lakshadweep, and the Nicobar Islands receive 50% of their funding from the federal government, 30% from the states, and 20% from themselves.

Steps to Apply for the PM Kusum Yojana

  • Step 1: To register or submit an application for the PM-KUSUM Yojana, go to https://mnre.gov.in/, the KUSUM Yojana’s official website
kusum yojana apply
kusum yojana apply
  • Step 2: Fill in the PM-Kusum Yojana application
kusum yojana online registration form
kusum yojana online registration form
  • Step 3: Upload all the documents
  • Step 4: As soon as the application and supporting paperwork have been submitted, you can register for the PM Kusum Yojana.
kusum scheme registered successfully
kusum scheme registered successfully

By visiting the MNRE’s official website after enlisting, you can get the MNRE certificate. Alternatively, borrowers may complete a loan application and submit it to the nearest bank that provides loans under this programme, together with the required supporting documents, as indicated by the bank or lender.

Conclusion

The Government of India’s Ministry of New and Renewable Energy (MNRE) oversees all issues pertaining to new and renewable energy. After registering for MNRE, you can receive the MNRE certificate by going to its official website. The applicants can fill out a form to the closest bank and avail of the loans under this scheme. Make sure to submit together while requiring support and provide clear documentation. You can always get in touch with our Vakilsearch experts to resolve your queries regarding the process. 

FAQs on PM Kusum Yojana

When was PM-KUSUM launched?

The Ministry of New and Renewable Energy of the Indian government launched the PM-KUSUM programme in July 2019.

What does the government's MNRE subsidy through the PM-KUSUM Yojana give applicants?

Up to 60% of the maximum subsidy allowed by this scheme may be given to farmers. There will be loans obtainable for an additional 30% of the cost. Therefore, farmers will only be expected to cover 10% of the expense.

Are farmers who want to participate in the PM-KUSUM Solar Panel Scheme eligible for financing from banks?

Yes, the vast majority of financial institutions, including small rural banks in your area, as well as banks in the public and private sectors, lend money to farmers under this programme.

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