The Government has targeted to install 175 Giga Watt renewable energy by 2022 to build a healthy planet with less carbon intensive economy. The Finance Ministry said, through Pradhan Mantri Kisan Urja Surkasha Evam Utthan Mahabhiyan, PM-KUSUM scheme, government empowers the farmers to be the producer of energy.
The PM-KUSUM scheme covers grid connected renewable energy power plants, stand alone solar powered agricultural pumps and solarization of existing grid connected agriculture pumps. The components of the scheme are installation of 10 thousand Mega Watt of Decentralized Ground Mounted Grid Connected Renewable Power Plants by farmers of 500 Kilo Watt to 2 Mega Watt capacity, installation of 17.50 lakh stand alone Solar Powered Agriculture Pumps and solarization of 10 Lakh Grid-connected Solar Powered Agriculture Pumps.
The Scheme has substantial environmental impact in terms of savings of CO2 emissions and all three components of the Scheme combined together are likely to result in saving of about 27 million tonnes of CO2 emission per annum.
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