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Maharashtra Sanctions Rs 10,000 Crore Solar Scheme Insight

Last Update 28 August 2024

The Maharashtra cabinet has approved over Rs 10,000 crore for the CM's Solar Agriculture Feeder Scheme 2.0 to provide 100% daytime Electricity to farmers. The initiative aims for 16,000 MW of Solar Capacity by 2025. Additionally, Rs 2,891 crore will fund infrastructure and incentives, while the Free Electricity Scheme 2024 will cover 44 lakh farmers' power bills.

Also Read The Times of India

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The Maharashtra cabinet has approved over Rs 10,000 crore for the CM's Solar Agriculture Feeder Scheme 2.0 to provide 100% daytime Electricity to farmers as well as contribution towards the goal of 500 GW of renewable energy.  This will bring a huge benefit to the farmers of the Maharashtra as a large amount of electricity bill will be waved off by free electricity scheme 2024 for the farmers. Better implication of the project will lead to meet the goal in the desired time and farmers can get most of the benefit. This will bring opportunity to solar cell manufacturers and even motivate farmers to work by removing their heavy burden.

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