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Madhya Pradesh Eyes Over Rs. 20,000 Crore Investment in Surya Mitra Krishi Feeder Yojana – Details Inside

Highlighting the state's progress in clean energy, Dr. Yadav stated that Madhya Pradesh’s renewable energy capacity has grown 15-fold, with a 48% rise in solar and 19% in wind energy
Indian Masterminds Stories

Madhya Pradesh Chief Minister Dr. Mohan Yadav announced that the state expects an investment of over Rs. 20,000 crore under the Surya Mitra Krishi Feeder Yojana, during a high-profile summit held in Bhopal. Addressing over 350 investors from across India, he said the initiative will play a key role in solarising agricultural feeders and furthering the state’s renewable energy goals.

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Highlighting the state’s progress in clean energy, Dr. Yadav stated that Madhya Pradesh’s renewable energy capacity has grown 15-fold, with a 48% rise in solar and 19% in wind energy. Notable projects like Neemuch, Rewa, and the Maheshwar floating solar park are already operational. He added that land has been allocated for 22 renewable energy equipment manufacturing units in Mohasa Babai, which will create around 24,000 jobs. The CM also committed to installing solar rooftops on all government buildings by 2025 and praised international cooperation, honouring GIZ Project Director Mr. Bernard Kruseber for technical support.

Energy Minister Mr. Pradyuman Singh Tomar emphasized that the scheme will enable green energy for future generations while reducing pollution. He said farmers will benefit from solar pumps, and the state will purchase any surplus power they generate. The savings from reduced electricity costs will be redirected toward improving public services such as education and healthcare.

New and Renewable Energy Minister Mr. Rakesh Shukla said the scheme will cover 1,900 substations, permitting projects up to full capacity. Key incentives include a central grant of Rs. 1.5 crore per MW, a 3% interest rebate for seven years under the Agricultural Infrastructure Fund, and — for the first time in India — reactive power incentives to enhance energy efficiency. Financing will be supported through MoUs signed with State Bank of India, Central Bank, and AU Small Finance Bank.

Additional Chief Secretary for New and Renewable Energy, Mr. Manu Srivastava (1986-batch IAS officer), acknowledged the ambitious nature of the scheme but expressed confidence in overcoming implementation challenges. Meanwhile, Additional Chief Secretary for Energy, Mr. Neeraj Mandloi, noted that under the PM-KUSUM-C scheme, the Centre has assigned Madhya Pradesh a target of 3.5 lakh solar units, totalling approximately 1,725 MW.

Mr. Amanbir Singh Bains, Managing Director of the Madhya Pradesh Urja Vikas Nigam, outlined that each solar unit would average 5 MW, requiring Rs. 20 crore in investment. He said the scheme offers investors and farmers an opportunity to partner in the state’s development, assuring 25 years of reliable income and low-cost power for agriculture. The Nigam has signed an 18-month agreement with GIZ for training and technical support and plans to launch a single-window clearance system for faster approvals and reduced documentation.

Surya Mitra Krishi Feeder Yojana

The Surya Mitra Krishi Feeder Yojana is a flagship initiative of the Madhya Pradesh government aimed at solarising agricultural power feeders to provide reliable and affordable daytime electricity to farmers. With an expected investment of over Rs. 20,000 crore, the scheme promotes clean energy, ensures 25 years of income for stakeholders, and strengthens the state’s renewable energy infrastructure. The Surya Mitra Krishi Feeder Yojana is poised to be a landmark initiative for Madhya Pradesh, combining renewable energy expansion, farmer welfare, and sustainable economic development.

Also Read: Uttarakhand Cabinet Clears 12 Major Proposals to Boost Sustainable Development, Recruitment, and Religious Tourism – Check All Details Here


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