Performance guarantee reduced to 1 lakh under KUSUM-A

| | Bhopal
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Performance guarantee reduced to 1 lakh under KUSUM-A

Thursday, 26 May 2022 | Staff Reporter | Bhopal

New and Renewable Energy Minister Hardeep Singh Dang disclosed that Performance guarantee has been reduced to Rs 1 lakh per MW from Rs 5 lakh under Pradhan Mantri Kisan Urja Suraksha Uthaan Mahaabhiyaan (KUSUM-A). He apprised about this at Urja Bhawan while delivering Letter of Award to 71 farmers of KUSUM-A.

Exchange of Power Purchase Agreement also took place between 6 developers and Madhya Pradesh Power Management company during the programme.

Chairman of Urja Vikas Nigam Girraj Dandotiya, Principal Secretary New and Renewable Energy Sanjay Dubey, Managing Director Karamveer Singh along with farmers nominated under KUSUM-A scheme, Developers, Bank Officers and representatives of related companies were present as well.

Dang said work for installing solar pumps on land of the farmers where electricity is not available easily work under Mukhya Mantri Solar Pump scheme will be initiated as a priority. Goal has been set to install solar pumps on 50 thousand farmer’s land. With this beneficiary farmers will get electricity for up to 8 hrs which will not only lead to lesser expense on electricity and diesel but will also enable them to conduct other activities flawlessly.

While congratulating the officers and employees of the department, Minister Dang said that it is due to your hard labor we were able to accomplish the dream of Prime Minister Narendra Modi and Chief Minister Shivraj Singh Chouhan to double the income of farmers while ensuring environment conservation. Shri Dang said that KUSUM scheme will enable farmers to become entrepreneur which will result in doubling their income.

Urja Vikas Nigam Chairman Girraj Dandotia said that the State’s farmer is going to become a provider of energy along with food. Principal Secretary Dubey appealed to the farmers to get good quality panels and inverters, which would ensure production of good energy uninterruptedly. He assured the farmers of monthly payment and technical support from the department for production of energy.

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