Re-validation of Component B of PM-KUSUM

Mar 12, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Government of Goa on March 07, 2024, notified Re-validation of Component B of PM-KUSUM.

It shall come into force after publishing in the Official Gazette from the financial years 2022-23 to 2025-26.

The scheme shall be implemented through the Goa Energy Development Agency (GEDA).

The following has been stated –

•The State of Goa notified the Scheme for Implementation of Component B of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) vide Series I No. 27 dated 30th September 2021, with a provision of off-grid, standalone solar photovoltaic water pumping systems (SPWPS) to the Farmers (inherited/self-owned/ /caretaker cultivator) with Subsidy Assistance for the year 2021-2022 in the State of Goa.

•The Central Financial Assistance under this scheme shall be provided as per operational guidelines for implementation of PM-KUSUM Programme issued by Ministry of New and Renewable Energy (MNRE), Government of India and its amendment from time to time. Presently Central Financial Assistance (CFA) is 30%.

•The objective of the scheme is to provide standalone solar pump of capacity of 1HP upto 10HP to individual farmers where grid connectivity is either not feasible or not cost effective.

•The programme will be implemented in both the districts of Goa.

[Notification No. 1/307/Comp-B (Revalidation)/ /2023-24/375]


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