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Gautam Solar installs solar pumps at 1,000 locations under Pradhan Mantri Kusum Yojana

Tuesday, 04 May 2021
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Gautam Solar has installed solar pumps of 10 HP capacity at 1,000 different locations in Haryana under the Pradhan Mantri Kusum Yojana. 
 
The government has set a target of installing 15,000 standalone solar pumps in Haryana within the first year of the Scheme. 
 
The Scheme was launched by the Ministry of New and Renewable Energy (MNRE) in 2019. It seeks to provide subsidies on solar pumps to farmers.
 
Under this Scheme, farmers only have to bear 40 percent of the pump’s cost, while the Central and state governments subsidise the remaining 60 percent for solar pumps that have a capacity up to 10 HP. 
 
However, in states like Haryana and Madhya Pradesh, the state governments have provided additional top-up on the subsidies, which has reduced farmer’s share to 10 percent. This step has made the Scheme more attractive for farmers and could contribute to the success of the project.
 
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