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EIB Approves Euro 1670 Million Fund For Strengthening Sustainable Transport and Clean Energy Investments

The investments in renewable energy initiatives are a part of the bank’s programme that saw EUR 4.8 billion of new financing. The European Investment Bank (EIB) has approved a total of EUR 1670 Million for strengthening sustainable transport and supporting the development of renewable energy in Europe, Africa, and Asia. The EIB-backed financing will support […]

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Cab Aggregators Urged to Launch Electric Taxis in Gujarat

Gujarat government has asked cab companies to launch electric taxi’s in the state, to align with the states planned EV push and new electric vehicle policy. The Gujarat Government has asked cab aggregators the likes of Uber and Ola to launch electric taxis in the state. As the government plans for a big push for […]

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BHEL to Set Up EV Charging Points on Delhi-Chandigarh Highway

India is pushing for greater use of electric vehicles to reduce vehicular pollution and cut dependence on oil imports. State-owned Bharat Heavy Electricals Ltd (BHEL) has announced that it will set up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway.  “The establishment of EV chargers at regular intervals over the entire […]

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Proposed No Road Tax, Green Permit Issuance for EVs: Amitabh Kant

“For India to successfully move away from fossil-fuel dependence oil companies should become the energy companies of the future,” he said. There should be no road tax for electric vehicles (EVs) and green permit should also be issued for EVs, said Amitabh Kant, Chief Executive Officer, NITI Aayog. Speaking at the Make in India session […]

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NITI Aayog Proposes Penalty of Rs 12,000 on Polluting Vehicles

NITI Aayog is making use of the ‘polluter pays’ principle to justify this levy of Rs 12,000 on every new purchase of petrol and diesel vehicles. With a motive of raising funds for incentivising electric vehicles, the government is mulling imposing a fee on the purchase of new petrol and diesel cars. The government is […]

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Volvo Researches on E-Bus Batteries Used to Store Solar Energy

Volvo Buses is taking part in a research project whereby used electric bus batteries get a second lease of life as solar energy storage units. The inauguration of what is probably Europe’s first ever energy warehouse using electric bus batteries is currently under way. The batteries from electric bus in Gothenburg and Sweden, are getting a […]

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EBRD to Pump €15 Mn for Green Infrastructure in Romania’s Craiova

The move will benefit around three lakh people of the city. The European Bank for Reconstruction and Development (EBRD) will be providing €15 million long-term loan to pump key urban projects in Craiova city of Romania. The move will benefit around three lakh people of the city. The Bank will finance the rehabilitation of 14 public buildings […]

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Delhi Government Invites Comments on Draft Delhi Electric Vehicle Policy 2018

The policy aims to reduce Delhi’s pollution by taking care of vehicular emission focusing primarily on incentivising the purchase and use of electric vehicles. Arvind Kejriwal led Delhi Government has invited comments from the public on the draft ‘Delhi Electric Vehicle Policy 2018’ which was released recently. “With vehicular pollution being a consistent source of […]

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EV Motors India Launches its First EV Charging Station ‘PlugNgo’

PlugNgo will further develop 6500 charging outlets each with multiple charging stations over the course of next 5 years with a total estimated cost of about $200 million. In a major push for EV charging infrastructure, electric vehicles start-up EV Motors India inked pact with DLF, Delta Electronics India and ABB India to launch its […]

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