PM-KUSUM Extension Likely as Union Government Announces Further Deadline

The Prime Minister’s Monsoon Power Initiative (PM-KUSUM) project, initiated in 2019, is currently slated to achieve a total of 30,800 Megawatts (MW) of solar capacity by 2022. The project was financed with a total of ₹34,422 crore (approximately $360 million) from Central government funds. The initiative focuses on expanding India’s solar energy infrastructure through targeted investments and supportive policies. The government has reiterated its commitment to accelerating India’s renewable energy targets, though the specific deadline for achieving the initial target remains unchanged. The project’s progress is being closely monitored by regulatory bodies.

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