PM-KUSUM 2.0 aims at a more sustainable blend of food & energy security: Secretary

The government has launched an updated version of its green energy scheme, PM-KUSUM 2.0. This initiative focuses on 'agri-photovoltaics,' which involves installing solar panels on farmland. The goal is to generate clean electricity while ensuring that crop production is not affected by the shade or space taken up by the panels.
This dual-purpose approach is significant for investors as it aims to balance India's food security needs with its push for renewable energy. By making farming more sustainable, the scheme could boost the long-term viability of agricultural land while contributing to the country's green energy targets.
Investors should watch for the pace of implementation and the specific guidelines released for the scheme. The success of this project could set a precedent for similar sustainable farming models in the future.
Excerpt from BusinessLine
Emphasising that PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) helped the farm sector in reducing irrigation costs and generating additional income, Santosh Kumar Sarangi, Secretary of the Ministry of New & Renewable Energy, said that PM-KUSUM 2.0 will integrate learnings from the first scheme,…Read the original at BusinessLine
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