Will the MP Govt's Solar Energy Summit on June 10 Transform the Future?

Synopsis
Discover how Madhya Pradesh's upcoming solar energy summit on June 10 is set to revolutionize agricultural practices and promote sustainable energy solutions. This initiative not only aims to empower farmers but also to boost the state's solar capacity significantly by 2030.
Key Takeaways
- Promotion of solar energy through the Summit.
- Target of 500 GW solar capacity by 2030.
- Empowerment of farmers with dedicated agricultural feeders.
- Development of solar projects under PPAs.
- Implementation of PM-KUSUM Scheme for localized solar generation.
Bhopal, June 6 (NationPress) In a bid to enhance its solar energy initiatives, the Madhya Pradesh government is set to host the Suryamitra Agriculture Feeder Scheme Summit in Bhopal on June 10, as confirmed by an official on Friday.
Aligned with the 'vocal for local' strategy, the summit will take place at the Kushabhau Thakre convention center, focusing on supplying developers and stakeholders with comprehensive insights regarding the bidding process, financial structuring, and technical specifications.
The official stated, “The state is unwavering in its commitment to solar energy, consistently launching new plants and progressively boosting the contribution of solar energy to its power generation capacity. This summit represents a significant move towards energy self-sufficiency, empowering farmers, and establishing Madhya Pradesh as a leader in clean energy.”
Additionally, the Madhya Pradesh government aims to achieve 500 GW of solar capacity by 2030, actively engaging various stakeholders, including farmers.
He emphasized, “To enhance agricultural profitability and ensure 10 hours of power supply for irrigation, the state government has already established around 8,000 dedicated agricultural feeders.”
Under this scheme, solar projects can be developed at full capacity based on the substation load.
The Madhya Pradesh Urja Vikas Nigam has initiated tenders for selecting developers for these projects, which will operate under 25-year Power Purchase Agreements (PPAs) with the government.
“An essential aspect of solar energy is producing and utilizing it at the point of consumption,” he remarked.
Furthermore, to address farmers' energy needs, particularly for irrigation through localized solar energy generation, the Ministry of New and Renewable Energy is executing the PM-KUSUM Scheme.