In March 2026, the Ministry of New and Renewable Energy (MNRE) extended the timeline for commissioning certain projects under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM KUSUM) scheme, providing relief to developers and state agencies.

Key Highlights:

Eligibility: The extension applies to projects where Power Purchase Agreements (PPAs) or Letters of Intent (LoIs) were signed or issued on or before December 31, 2025.

Revised Timeline: The commissioning deadline has been extended to March 31, 2027.

Scheme Target: The scheme aims to add 34,800 MW of solar capacity with central financial assistance of Rs 34,422 crore, originally targeted for completion by March 2026.

About PM KUSUM Scheme: The PM-KUSUM, launched in 2019, aims to promote solar energy use in agriculture and reduce dependence on diesel and grid electricity.

• Under its funding pattern, the Central and State Governments each provide 30% subsidy, while farmers contribute 40% (with provision for bank loans), ensuring affordability and wider participation.