Positive impactSector
Next phase of PM-KUSUM may be OKed soon: Pralhad Joshi
Economic Times 1 hr ago·9 Sept 2026, 6:37 pm
The government is reportedly preparing to approve the next phase of the PM-KUSUM scheme, a flagship program aimed at promoting solar energy in agriculture. A key addition to this phase is a dedicated 'agrivoltaics' component. This approach allows farmers to generate electricity from solar panels installed on their land while simultaneously continuing to cultivate crops underneath, optimizing land use for both energy and food production.
This development is significant for the broader market as it signals continued government support for renewable energy infrastructure. For investors, it highlights the growing potential of the agrivoltaics sector, which combines agriculture with clean energy generation. The focus on small farmers and cooperatives suggests a scalable model that could benefit various stakeholders in the renewable energy ecosystem.
Investors should monitor the official release of the scheme's guidelines. The success of this phase will depend on the specific incentives offered to farmers and the technical feasibility of combining solar power with different types of crops.
Excerpt from Economic Times
The upcoming PM KUSUM phase will feature a dedicated agrivoltaics component for farmers. This initiative will allow farmers to earn income from generated electricity. The focus will be on small farmers, cooperatives, and panchayats. Agrivoltaics combines farming and solar power generation on the same land. More…Read the original at Economic Times
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- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
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