diff --git a/templates/provider/hmc-templates/files/release.yaml b/templates/provider/hmc-templates/files/release.yaml
index 611fa8f20..c4dc6e5c1 100644
--- a/templates/provider/hmc-templates/files/release.yaml
+++ b/templates/provider/hmc-templates/files/release.yaml
@@ -12,7 +12,7 @@ spec:
     template: cluster-api-0-0-3
   providers:
     - name: k0smotron
-      template: k0smotron-0-0-2
+      template: k0smotron-0-0-3
     - name: cluster-api-provider-azure
       template: cluster-api-provider-azure-0-0-2
     - name: cluster-api-provider-vsphere
diff --git a/templates/provider/hmc-templates/files/templates/k0smotron.yaml b/templates/provider/hmc-templates/files/templates/k0smotron.yaml
index 440c579a9..a6862a5fe 100644
--- a/templates/provider/hmc-templates/files/templates/k0smotron.yaml
+++ b/templates/provider/hmc-templates/files/templates/k0smotron.yaml
@@ -1,10 +1,10 @@
 apiVersion: hmc.mirantis.com/v1alpha1
 kind: ProviderTemplate
 metadata:
-  name: k0smotron-0-0-2
+  name: k0smotron-0-0-3
   annotations:
     helm.sh/resource-policy: keep
 spec:
   helm:
     chartName: k0smotron
-    chartVersion: 0.0.2
+    chartVersion: 0.0.3
diff --git a/templates/provider/k0smotron/Chart.yaml b/templates/provider/k0smotron/Chart.yaml
index e6d214915..1877cd470 100644
--- a/templates/provider/k0smotron/Chart.yaml
+++ b/templates/provider/k0smotron/Chart.yaml
@@ -13,12 +13,12 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 0.0.2
+version: 0.0.3
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
 # follow Semantic Versioning. They should reflect the version the application is using.
 # It is recommended to use it with quotes.
-appVersion: "1.0.4"
+appVersion: "1.2.0"
 annotations:
   cluster.x-k8s.io/provider: infrastructure-k0smotron, bootstrap-k0smotron, control-plane-k0smotron
   cluster.x-k8s.io/v1beta1: v1beta1
diff --git a/templates/provider/k0smotron/templates/providers.yaml b/templates/provider/k0smotron/templates/providers.yaml
index 0b7178684..911a75ef2 100644
--- a/templates/provider/k0smotron/templates/providers.yaml
+++ b/templates/provider/k0smotron/templates/providers.yaml
@@ -3,7 +3,7 @@ kind: InfrastructureProvider
 metadata:
   name: k0sproject-k0smotron
 spec:
-  version: v1.1.2
+  version: v1.2.0
   {{- if .Values.configSecret.name }}
   configSecret:
     name: {{ .Values.configSecret.name }}
@@ -15,7 +15,7 @@ kind: BootstrapProvider
 metadata:
   name: k0sproject-k0smotron
 spec:
-  version: v1.1.2
+  version: v1.2.0
   {{- if .Values.configSecret.name }}
   configSecret:
     name: {{ .Values.configSecret.name }}
@@ -27,7 +27,7 @@ kind: ControlPlaneProvider
 metadata:
   name: k0sproject-k0smotron
 spec:
-  version: v1.1.2
+  version: v1.2.0
   {{- if .Values.configSecret.name }}
   configSecret:
     name: {{ .Values.configSecret.name }}