PM-KUSUM: Solarisation of Agriculture

 1. Snapshot

Ministry: MNRE

• Objective: Solar energy for agriculture

 2. Key Features

• Three Components:

  • A: Solar power plants

  • B: Standalone solar pumps

  • C: Solarisation of existing pumps

• Subsidy: ~60%

  3. Eligible Activities

✔ Solar plants (0.5–2 MW)
✔ Solar irrigation pumps
✔ Grid-connected pump solarisation

 4. Financial Pattern

• Subsidy: 60%

• Loan: 30%

• Farmer share: 10%

 5. Banking Lens

• Long-term term loans

• Income assured via DISCOM (PPA)

• Eligible under Renewable Energy PSL

 6. Governance & Economic Impact

• Reduces diesel dependence

• Enhances farmer income

• Supports climate goals (SDG 7)

 7. Official Source

• MNRE: https://mnre.gov.in

• PM-KUSUM Guidelines