Latest news with #PM-KUSUM
Time of India
2 days ago
- Business
- Time of India
Jodhpur Discom Powers Rajasthan's Green Future: 841 MW Solar & Farmer Empowerment
Jodhpur Vidyut Vitran Nigam Limited ( Jodhpur Discom ) has successfully established 432 solar power plants with a cumulative generation capacity of 841 megawatts (MW) under the Prime Minister's Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme. This marks a step in Rajasthan's journey to become a renewable energy hub while addressing the dual objectives of energy security and agricultural resilience. Speaking to The ET Government, Dr. Bhanwarlal, Managing Director of Jodhpur Discom , emphasized the transformative impact of the initiative. Through effective implementation of the PM-KUSUM scheme, our farmers are not only accessing clean and sustainable energy but also gaining new sources of income, he said. 841 MW Solar Capacity Already Commissioned,Target of 6,000 MW by March 2026 As of May 2025, 432 decentralized solar power plants have been commissioned within the Jodhpur Discom area, generating 841 MW of electricity. These installations are now supplying power to approximately 75,000 agricultural consumers, marking a significant milestone in the government's mission to transform India's rural energy infrastructure. The solar plants have provided a sustainable solution to farmers' energy woes, Dr. Bhanwarlal noted. More importantly, they have become a stable and long-term source of income for them. Looking ahead, Jodhpur Discom has laid out an ambitious roadmap to scale its solar energy capacity to 6,000 MW by March 2026. This expansion aims to benefit nearly 4.95 lakh farmers across the region, significantly reducing reliance on conventional grid electricity and diesel-powered irrigation. This projected capacity expansion will cement Rajasthan's position as a leader in renewable energy generation,' Dr. Bhanwarlal said. 'It will also enable thousands of farmers to become energy producers, not just consumers. The expansion aligns with the Government of India's broader goals to increase the share of non-fossil fuels in the power mix and meet its climate commitments under international accords. Power Purchase Agreements (PPA) Ensure Steady Farmer Incomes One of the key attractions of the PM-KUSUM scheme is the provision for farmers to establish solar plants on their land and enter into long-term Power Purchase Agreements (PPA) with Discoms. These PPAs ensure that farmers have a reliable and consistent source of income by selling electricity back to the grid. This system not only enables productive utilization of agricultural land but also ensures financial empowerment of farmers, Dr. Bhanwarlal explained. It's a win-win for energy security, environmental sustainability, and economic development. With predictable earnings from electricity sales, farmers can diversify their income, reduce debt dependency, and reinvest in their agricultural activities. For many, this has become a pathway to financial stability. Driving Energy Independence Through Policy Backing Dr. Bhanwarlal credited both central and state governments for their proactive policy support, which has been instrumental in enabling the implementation of the PM-KUSUM scheme. The initiative is a decisive step towards an energy-resilient and environmentally stable future. The supportive policy framework has encouraged Discoms to actively participate in decentralized solar energy deployment,he said. He also emphasized that the scheme supports India's commitments to the Paris Climate Agreement and aligns with the goals of achieving Net Zero emissions by 2070. Rajasthan's proactive role, particularly through the Jodhpur Discom, showcases how regional initiatives can have a significant national impact. By reducing dependence on diesel and fossil-fuel-based electricity, solar installations under PM-KUSUM are significantly lowering carbon emissions in agricultural operations. The move toward clean energy not only mitigates climate change risks but also helps preserve natural ecosystems. The Jodhpur Discom's efforts contribute to a cleaner, greener environment,' Dr. Bhanwarlal said. 'In the long run, this will lead to improved air and soil quality, reduced groundwater depletion, and better climate resilience for rural communities. Building Infrastructure for a Renewable Future Implementing large-scale solar energy infrastructure in rural areas comes with its own set of challenges—land identification, transmission connectivity, regulatory approvals, and capacity building. However, Jodhpur Discom has overcome these hurdles through strategic planning, collaboration with local stakeholders, and transparent execution. The Discom is also working closely with local entrepreneurs and renewable energy developers to streamline installation and grid integration processes. This collaboration ensures that both technical and operational standards are maintained while also fostering employment generation in rural areas. The success of the PM-KUSUM implementation in the Jodhpur region is now being seen as a model for replication across India. With vast tracts of arid and semi-arid land, Rajasthan holds enormous potential for solar energy generation. Jodhpur Discom's pioneering work showcases how harnessing this potential can result in both economic and ecological dividends. The initiative sets a precedent not just for Rajasthan but for the entire country,' said Dr. Bhanwarlal. 'It demonstrates the tangible benefits of integrating renewable energy with rural development strategies. Farmers at the Core of the Solar Transition Perhaps the most transformative aspect of the PM-KUSUM initiative is the empowerment of farmers to become active participants in the energy transition. Traditionally seen as consumers at the end of the energy value chain, they are now becoming producers and stakeholders in India's clean energy journey. This isn't just about solar panels, said Dr. Bhanwarlal. It's about transforming lives, empowering farmers, and decentralizing our energy future. With the addition of solar infrastructure, farmers can now irrigate their fields with affordable and uninterrupted power, grow multiple crop cycles, and increase agricultural productivity—all while contributing to the national grid. With more solar plants on the horizon and nearly half a million farmers set to benefit in the coming years, the momentum is strong. Jodhpur Discom's leadership under the PM-KUSUM scheme is not just powering farms—it's energizing lives, communities, and the very fabric of sustainable development in India. Quick Facts: PM-KUSUM in Jodhpur Discom Region Total Solar Plants Commissioned (as of May 2025): 432Installed Capacity: 841 MWNumber of Farmers Benefited: ~75,000Target by March 2026: 6,000 MW additional solar capacityFuture Beneficiaries: ~4.95 lakh farmersIncome Mechanism: Long-term Power Purchase Agreements (PPA)
Hans India
4 days ago
- Politics
- Hans India
Party leaders and cadre TDP's strength: Naidu
Kadapa: Chief Minister N Chandrababu Naidu, after getting elected as TDP national president on Wednesday thanking party men for their confidence on his leadership, said the six key resolutions and in-depth discussions during Mahanadu shaped a roadmap for the party for the next 40 years. He said only TDP has the strength to elevate Telugu people globally. Naidu said TDP is the party that eradicated Naxalism, factionalism, and rowdyism. 'In the past five years under the previous government, properties were unsafe, and drugs mafia Increased manifold and ganja cultivation became a village-level industry in agency areas and crime was institutionalised.' Stressing that the TDP government is committed for development of Rayalaseema, the CM said he will not spare any wrongdoer and act ruthlessly against them. It is the responsibility of the alliance government to protect peace and security in the State. He promised that he will never let Rayalaseema remain a drought-hit or barren region, adding that it is because of TDP that Anantapur emerged as a prosperous district through horticulture. This year, Rs 3,800 crore is being invested in Rayalaseema water projects. After Polavaram, Handri-Neeva is receiving the highest project funding. He said Veligonda project will also be completed on priority. 'We will complete Polavaram by December 2027 and dedicate it to the nation and connect Polavaram to Banakacharla via Krishna River and Bollapalli reservoir. Once Polavaram-Banakacharla is complete, the face of the state will change,' he stated. Chandrababu said his mission is to ensure irrigation for every acre and uplift every farmer. He said the TDP government transformed AP from a state with power shortages to a surplus power state. He said every constituency will get at least 10,000 rooftop solar connections and Under PM-KUSUM, farmers should install solar panels at pump sets as the Central government has earmarked ₹75,000 crore subsidies for this project. The TDP chief said the alliance government is committed to developing all regions and constituencies in the state and developing Uttarandhra as a financial hub. Stating that govt will set up industrial parks in all 175 constituencies, he said Ratan Tata Innovation Hubs will be established in Amaravati, Visakhapatnam, Rajahmundry, Tirupati, and Anantapur. Concluding his speech Chandrababu said with the blessings of people and party workers – we are achieving one milestone after another.
Yahoo
4 days ago
- Business
- Yahoo
India Inverter Duty Transformer Market Forecast and Competitive Landscape Report 2025-2030: Government Initiatives Propel Expansion, Solar Applications Lead Revenue Growth
India's inverter duty transformer market is poised for substantial growth, fueled by rapid expansion in renewable energy, specifically solar and wind. In 2022, India achieved a 9.83% growth in renewable energy, with solar capacity surging 30-fold to 92.712 GW by Sept 2024. This growth will drive the inverter duty transformer market at a projected CAGR of 11.1% from 2024-2030. Government initiatives like PM-KUSUM and significant budget allocations bolster this sector, ensuring robust demand for efficient power conversion solutions. Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "India Inverter Duty Transformer Market | Value, Forecast, Outlook, Size & Revenue, Analysis, Companies, Segmentation, Trends, Growth, Industry, Competitive Landscape, Share: Market Forecast By Power Ratings, By Application, By Phase and Competitive Landscape" has been added to offering. India Inverter Duty Transformer Market revenues are projected to grow at a CAGR of 11.1% from 2024 to 2030. The India inverter duty transformer market is experiencing robust growth, largely driven by the rapid development of the nation's renewable energy sector. This growth is underpinned by India's commitment to reducing carbon emissions, as evidenced by a 9.83% year-on-year increase in renewable energy in 2022. Over the past nine years, the country's solar energy capacity multiplied 30-fold, reaching 92.712 GW by September 2024. As of October 2024, India's renewable energy capacity surpassed 203 GW, with substantial contributions from solar and wind energy, measuring 92.12 GW and 47.72 GW, respectively. India's goal to achieve 500 GW of non-fossil fuel-based energy by 2030, alongside a reduction of 1 billion tons of carbon emissions, underscores the demand for efficient power conversion systems like inverter duty transformers. Key government initiatives like PM-KUSUM, Solar Rooftop Phase II, and the Solar Park Scheme aim for a 38 GW capacity by 2026, significantly advancing renewable energy adoption. The Union Budget 2024-25 allocated ?10,000 crore for solar projects and introduced the PM-Surya Ghar Muft Bijli Yojana with ?75,000 crore to enhance solar energy penetration in rural areas. Investments are also geared towards developing transmission networks to integrate 500 GW of renewable energy by 2030, emphasizing the critical role of inverter duty transformers in stabilizing and converting renewable energy into grid-compatible power. Market Segmentation By Power Rating The 5.1 to 10 MVA segment is expected to drive significant revenue growth, fueled by demand from mid-sized commercial and industrial solar projects and medium-capacity wind installations. This power range is ideal for commercial-scale solar farms and industrial complexes, offering versatility for both grid-connected and off-grid systems. Market Segmentation By Application Solar is anticipated to hold the highest revenue share in India's Inverter Duty Transformer market. Large-scale projects such as the Pavagada and Bhadla Solar Parks, alongside the government's National Solar Mission, are pivotal in achieving 500 GW of renewable energy by 2030. The increase in rooftop solar installations bolsters demand further, ensuring long-term growth for the sector. Market Segmentation By Phase Three-phase inverters are likely to dominate due to their superior economies of scale, offering better load balancing and lower operational costs. They are essential for large-scale projects, such as ReNew Power's 1.5 GW solar and Adani Green's wind farms, ensuring efficient energy distribution. Their long lifespan and reduced maintenance make them a preferred choice for industrial and commercial applications. Key Highlights of the Report: Market Overview and Outlook Market Forecast Historical Data and Forecast of Market Revenues for 2020-2030 Industry Life Cycle Market Dynamics: Drivers and Restraints Trends and Evolution Opportunity Assessment by Service Type and Verticals Revenue Share by Top 3 Companies Market Competitive Benchmarking Company Profiles and Strategic Recommendations Tesla Power Equipments and Projects Private Limited Danish Power Limited Raychem RPG Private Limited Shilchar Technologies Ltd. Ornet Transformers llp Uttam Bharat Electricals Pvt. Ltd. Telawne Power Equipments Private Limited Nucon Switchgears Pvt. Ltd. INDCOIL Pvt Ltd. Esennar Transformers Elmag Transformers Servokon Systems Limited Kalpa Electrikal Pvt Ltd Hammond Power Solutions Transformers & Rectifiers (I) Limited By Power Ratings Below 5 MVA 5.1-10 MVA Above 10 MVA By Application Solar Wind Hybrid Energy Storage Systems (ESS) By Phase Single Phase Three Phase For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Time of India
17-05-2025
- Politics
- Time of India
Community decarbonization fund – Why India needs this?
Dr. Agyeya Tripathi has completed his Ph.D. and holds a Masters degree in Business Administration and another Masters in Electronics and Communication. He is a national resource person for Financial Inclusion under National Rural Livelihood Mission, Ministry of Rural Development, Government of India. LESS ... MORE India stands at a pivotal crossroads in its climate journey. On one hand, the country has made remarkable progress: the rapid expansion of renewable energy capacity, the mainstreaming of electric vehicles, and its leadership at forums such as COP28 have all signaled a firm commitment to decarbonization. On the other hand, the grassroots narrative—how rural and low-income communities are participating in, or benefiting from, this transition—remains underrepresented. In this article, I make the case for a Community Decarbonization Fund (CDF) in India: a dedicated financing mechanism to support small-scale, community-led climate action. Not only could such a fund help India achieve its ambitious targets—reducing emissions intensity by 45% of GDP by 2030 and reaching net-zero by 2070—but it could also reshape the way we think about equity, participation, and justice in the green transition. The Case for a Community Decarbonization Fund India's climate vulnerabilities are both acute and widespread. From erratic monsoons and frequent droughts to extreme heatwaves and cyclones, climate change is no longer an abstract threat—it is a lived reality for millions. In rural India, these vulnerabilities intersect with poverty, gender inequality, and energy insecurity, creating a multi-dimensional development challenge. At the same time, rural India remains deeply carbon-intensive. Approximately 40% of rural households still rely on traditional biomass for cooking, and more than 70% of irrigation depends on diesel-powered pumps. Small-scale transport—e-rickshaws, auto-rickshaws, shared vans—is also largely fossil-fuel dependent. These systems are not only environmentally unsustainable but also have serious implications for public health, economic productivity, and local livelihoods. What we need now is not just national ambition but local empowerment. A Community Decarbonization Fund would enable precisely that—by financing community-designed and -owned projects in renewable energy, energy efficiency, clean mobility, regenerative agriculture, and nature-based solutions. Financing the Last Mile According to Climate Policy Initiative (CPI), India requires nearly USD 170 billion annually in climate finance through 2030 to meet its goals. Current tracked flows stand at less than one-third of this amount, and most of it is directed towards corporate or utility-scale projects. Community-scale initiatives—those that are small, fragmented, but high-impact—are almost completely bypassed. Some government schemes like PM-KUSUM, FAME II, or MNRE's rooftop solar program offer subsidies and capital support, but uptake has been low, especially in underserved regions. Often, communities lack the institutional capacity to apply for or manage these schemes. In other cases, they simply fall outside the radar of formal finance. A Community Decarbonization Fund could bridge this gap by leveraging blended finance—combining public grants, concessional loans, CSR contributions, and even carbon market revenues. Delivery mechanisms can be routed through existing local institutions such as Self-Help Group (SHG) federations, Farmer Producer Organizations (FPOs), rural banks, and panchayats. The idea is not entirely new. Globally, models such as Scotland's CARES (Community and Renewable Energy Scheme) and the UNCDF's LoCAL Facility (Local Climate Adaptive Living Facility) have shown that community-led climate finance works—when accompanied by technical support, clear measurement frameworks, and participatory governance. India has the advantage of a robust community infrastructure: over 6 million SHGs, 10,000+ FPOs, and a well-developed system of local governance through the Panchayati Raj Institutions. These platforms already manage financial services, insurance schemes, and livelihoods programs. It is both logical and feasible to integrate climate finance into this ecosystem. A well-structured CDF would have the following design features: It could be hosted by a central financial intermediary like NABARD, IREDA, or even at the state level under SRLMs (State Rural Livelihood Missions) or SAPCCs (State Action Plans on Climate Change). CDFs should offer a mix of small grants, micro-loans, and performance-linked incentives. They must be able to support small ticket-size projects (INR 20,000 to 2 lakh) while keeping transaction costs low. Fund allocation decisions must involve local stakeholders—SHG leaders, community development officers, youth groups, and marginalized communities. This ensures relevance, inclusion, and accountability. Measurement, Reporting, and Verification (MRV) systems should be digital-first, low-cost, and community-friendly. Projects should also track co-benefits such as women's empowerment, improved health, and job creation. Projects that generate measurable emission reductions can be linked to voluntary carbon markets to earn revenue that flows back into the community, creating a virtuous cycle. To operationalize a Community Decarbonization Fund in India, the following steps are essential: Pilot CDFs in 3–5 states, focusing on climate-vulnerable districts and strong community networks. Issue national guidelines for CDF design under the Ministry of Environment, Forest and Climate Change (MoEFCC) in coordination with the Ministry of Rural Development. Enable CSR contributions to flow into certified CDFs by aligning them with Schedule VII of the Companies Act. Create state-level Technical Assistance Hubs to help communities plan, finance, and monitor decarbonization projects. Integrate CDFs with India's carbon market roadmap and the Green Credit Programme for long-term viability. The Time Is Now India has always been a country of innovation, resilience, and collective action. From the SHG movement to UPI to Jan Dhan Yojana, we have demonstrated the power of taking development to the last mile. Climate action deserves the same urgency and imagination. A Community Decarbonization Fund is not just another climate finance instrument—it is a transformational shift in how we view communities: not as passive beneficiaries, but as active agents of the green transition. If we are serious about achieving net-zero, reducing rural inequality, and building climate resilience, then we must start at the grassroots. The next chapter in India's climate finance story must begin there. Facebook Twitter Linkedin Email Disclaimer Views expressed above are the author's own.
Time of India
15-05-2025
- Business
- Time of India
Alpex Solar-led consortium bags ₹349.99 crore EPC contract from Coal India arm
New Delhi: Greater Noida-based Alpex Solar Ltd, in consortium with NVNR Power & Infra Ltd, has secured a ₹349.99 crore engineering, procurement and construction (EPC) contract from Central Mine Planning and Design Institute Limited (CMPDIL), a subsidiary of Coal India Limited. Alpex holds a 70 per cent stake in the consortium. The project involves design, engineering, procurement, supply, construction and commissioning of a grid-connected ground-mounted solar power plant at Nandan Washery in the Kanhan area under Western Coalfields Limited (WCL). The scope also includes construction of a 32kV double-circuit transmission line from the main control station to the feeding substation, along with bay extension works. The power generated will be used to supply various load centres within WCL through open access for captive consumption. Alpex Solar, which is listed on NSE Emerge, has announced multiple orders in recent months. These include a ₹210 crore order for supplying solar modules to Solar Energy Corporation of India (SECI), a ₹378 crore module supply contract to a leading industry player in May 2025, and a ₹65.33 crore order from Haryana Renewable Energy Development Agency (HAREDA) under the PM-KUSUM scheme for supplying 2,119 solar water pumps. In April 2025, Alpex secured a ₹380.52 crore order from a prominent Indian manufacturer for solar module supply. 'As one of the leading manufacturers of integrated solar systems, it has been our constant endeavour to provide cutting-edge solutions to companies operating in the renewable energy space. The slew of orders bagged by us in the past few months is testament to our comprehensive capabilities and commitment to excellence. Furthermore, with our recent order win, we have solidified our position as a formidable EPC player in the solar sector. The new order from CMPDIL is a testament to our exemplary efforts, ensuring that we continue to refine our capabilities to cater to the integrated opportunity ecosystem of solar energy, from manufacturing cells, modules, and frames to EPC services. We continue to be committed to creating value for our stakeholders – and building a globally-reputed institution going forward,' said Ashwani Sehgal, Managing Director, Alpex Solar. Alpex manufactures photovoltaic (PV) modules using both monocrystalline and TopCON cell technologies and offers EPC services for AC/DC solar pumps in both surface and submersible categories. The company recently incorporated a subsidiary, Alpex GH2 Private Ltd (AGPL), to enter the green hydrogen business .
