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The Assam Cabinet has approved a ₹25,400 crore, 900 MW Pumped Storage Project (PSP) by Hinduja Renewables in West Karbi Anglong to enhance energy security and support renewable integration.

Assam okays ₹25,400 crore 900 MW pumped storage project, green growth fund, and new biodiversity reserves to drive clean energy and conservation.

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The rising cost of domestically manufactured solar panels is undermining the benefits of the 60% subsidy (30% each by Centre and states) offered to farmers under schemes like PM Kusum and Surya Ghar Yojana.

High DCR panel costs erode solar subsidy benefits for farmers under PM Kusum, delaying adoption and threatening MNRE’s renewable targets.

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