Karnataka Budget Empowers Farmers with 40,000 Solar Pumpsets Under PM-KUSUM Scheme
The budget also outlines initiatives such as the decentralised generation of energy through agricultural pumpset feeder solarisation schemes, benefiting a substantial number of farmers.
February 21, 2024. By Abha Rustagi
One of the key highlights is the ambitious endeavor to enhance the self-sufficiency of farmers through the installation of 40,000 off-grid solar pumpsets under the PM-KUSUM Component-B scheme. This initiative, supported by increased subsidies from both the Central and State Governments, is poised to revolutionize agricultural practices and promote sustainable energy usage in rural areas.
In addition to this, the budget mentions the Gruha Jyothi Guarantee Scheme, which promises free electricity up to 200 units to domestic consumers, benefiting millions of households across the state. The scheme not only aims to alleviate the burden of energy costs on households but also includes beneficiaries of various other schemes, further expanding its reach and impact.
Furthermore, the budget emphasizes the importance of expanding the state's power generation capacity, with plans to increase it from 32,000 MW to an impressive 60,000 MW over the next seven years. Renewable energy, which already constitutes 63 percent of the total energy generated in Karnataka, remains a cornerstone of the government's energy policies, with a focus on attracting private investments and fostering an investor-friendly environment in the sector.
Collaborative efforts with organizations like Tehri Hydro Development Corporation India Limited (THDCIL) underscore Karnataka's commitment to leveraging solar energy, with plans for floating and ground-mounted solar plant programs. The budget also outlines initiatives such as the decentralised generation of energy through agricultural pumpset feeder solarisation schemes, benefiting a substantial number of farmers.
Looking towards the future, the budget outlines plans for the establishment of a pilot Green Hydrogen plant and the formulation of a new Green Hydrogen Policy, highlighting the state's commitment to embracing sustainable energy sources.
Additionally, proposals for the installation of Micro Grid Solar units in backward villages and the establishment of Ultra High Voltage (UHV) transmission lines underscore Karnataka's dedication to promoting energy access and reliability.
Moreover, infrastructure development remains a key focus, with proposals for the purchase of mobile/vehicle-mounted sub-stations to minimize electricity outages and accommodate the energy needs of rapidly growing urban areas like Bengaluru. Lastly, the budget earmarks funds for the establishment of Electric Vehicle Charging Stations, furthering Karnataka's efforts towards sustainable transportation.
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