The government is expanding 'PM Kusum Scheme' to 20 lakh farmers to set up solar pumps.
The solar energy stocks are in focus as Finance Minister Nirmala Sitharaman in her Budget 2020 speech said that goverment is going to help farmers to set up solar power units.
The government is expanding 'PM Kusum Scheme' to 20 lakh farmers to set up solar pumps.
The farmers can make a living out of barren land using solar power, she added.
At 11:28 hrs Suzlon Energy was quoting at Rs 2.42, up Rs 0.03, or 1.26 percent and Surana Solar was quoting at Rs 8.85, up Rs 0.42, or 4.98 percent.
Websol Energy System was quoting at Rs 29.10, up Rs 0.35, or 1.22 percent and Ujaas Energy was quoting at Rs 5.12, up Rs 0.24, or 4.92 percent.
Shakti Pumps (India) was quoting at Rs 275.65, up Rs 31.85, or 13.06 percent.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year.
First Published on Feb 1, 2020 11:52 am
