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Govt set to launch new version of PM KUSUM scheme focusing on agri solar PV component

Analysis of this story by et_economy · 10 Mar 2026, 9:28 PM IST (about 2 months ago)

AI Analysis

Government push for renewable energy in agriculture aligns with India's energy transition goals and rural development. This creates a significant demand driver for solar components and project development.

Trading Insight

Look for entry points in solar equipment manufacturers and renewable energy EPC players, anticipating increased order books.
Quick check: WEBELSOLAR neutral, ADANIGREEN bearish bias (oversold).

Key Evidence

  • Govt preparing to launch PM-KUSUM 2.0, a new version of the scheme.
  • Scheme aims to boost renewable energy in agriculture.
  • Will enable farmers to generate electricity while cultivating crops on the same land.
  • Dedicated 10 GW agri-PV component planned.
  • Updated scheme expected to feature higher targets and increased outlay.

Affected Stocks

WEBELSOLARWebsol Energy System Ltd.
Positive

Involved in solar cell and module manufacturing, stands to gain from higher targets.

ADANIGREENAdani Green Energy Ltd.
Positive

Major player in renewable energy, could see increased project opportunities.

SUZLONSuzlon Energy Ltd.
Positive

Renewable energy solutions provider, though primarily wind, could see broader sector tailwinds.

Sources and updates

Original source: et_economy
Published: 10 Mar 2026, 9:28 PM IST
Last updated on Anadi News: 10 Mar 2026, 11:50 PM IST

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