PM Modi’s solar pumps scheme for farmers triggers job losses among EPC contractors


PM Modi’s solar pumps scheme for farmers triggers job losses among EPC contractors

The Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahaabhiyan (PM-KUSUM) scheme, launched in July this year to encourage farmers to use solar electricity pumps instead of high-emitting diesel pumps, has reportedly led to large-scale job losses among the EPC contractors of agriculture solar pumps.

The scheme has a target to install 17.50 lakh solar pumps in Indian farms by 2022.

Under the scheme participation of the contractors —system integrators — has been barred and only manufacturers of solar pumps and panels are eligible to bid for the tenders. Around 800 system integrators in India who have installed more than 2 lakh solar pumps till now across the country have been left high and dry, according to sources. Read More

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