Daily News Wrap-Up: Final Extension for Solar Projects from KUSUM Program

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February 21, 2023

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The Ministry of New and Renewable Energy has granted a final extension to solar projects pending installation under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan program to September 30, 2023, citing the difficulties faced by farmers in accessing finances during the initial phase. However, the extension will only include projects where the beneficiary has reported financial closure to the state implementation agencies on or before March 31, 2023. For projects which miss the extended deadline, the balance capacity will be withdrawn and reallocated to the states based on fresh proposals.

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