Govt relaxes domestic content requirement for solar cells under PM-KUSUM till March 2024. The Component C under PM KUSUM is to achieve solarisation of 15 lakh grid-connected agriculture pumps through individual pump solarisation and feeder level solarisat
Economy Business
The Ministry of New and Renewable Energy (MNRE) has responded to the pleas of stakeholders and State implementing agencies by extending the waiver of the domestic content requirement (DCR) for solar cells under Component C of the PM KUSUM Scheme. In a recent development, the ministry has announced that the DCR provision, which was initially waived off for projects awarded on or before June 20, 2023, will now be relaxed until March 31, 2024. This decision comes in light of the ongoing bidding processes and the difficulties faced by stakeholders in meeting the DCR requirements for solar cells. Component C, also known as Feeder Level Solarisation, is a critical part of the PM KUSUM Scheme, aimed at promoting solar power generation at the feeder level.
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