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5,645 Electric Buses Sanctioned for 65 Cities: Amitabh Kant

Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities Niti Aayog CEO Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities, a move seen towards environment-friendly mobility. Last week, the GST Council headed by finance minister Nirmala Sitharaman decided to cut the tax rates […]

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Will Tax Sops Help in Faster Adoption of Electric Vehicles?

To encourage faster adoption of electric vehicles, the government has now made its intentions clear. It often takes a tax break for an idea to be adopted. And if it is a substantial cut, then greater the force to get it past its inertial state. With the announcement of a cut in GST rates on […]

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India has a Game Plan for Electric Vehicles: Amitabh Kant

India has put in place a game plan for electric vehicles and its components to ensure clean cities, reduce imports and utilise solar power, NITI Aayog CEO Amitabh Kant said. India has put in place a game plan for electric vehicles (EV) and its components like batteries to ensure clean cities, reduce imports and utilise […]

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Big Move! GST Council Trims Tax on EVs, Chargers to 5%

According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […]

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Fuel Subsidies 3-Times Higher Than EV Budget: Report

A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […]

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Gujarat Invites Manufacturers for Distribution of Electric 2 & 3 Wheelers

GEDA has issued 2 EOIs for authorisation of manufacturers the distribution of battery-operated 2 and 3 wheelers in Gujarat. The Gujarat Energy Development Agency (GEDA) has issued two expression of interests (EOI) calling out reputed manufacturers for their authorisation to the market and then the distribution of battery operated 2 and 3 wheelers. The EOIs […]

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Odisha Gets on With the EV Transition, Plans to Introduce Electric Buses

Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed. The state government of Odisha has been planning to introduce electric buses in phases in a bid to curb air pollution in urban areas in the state, the assembly was informed on […]

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CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility

CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […]

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Indus to use its Telecom Tower Network to Host EV Charging Stations

Indus Towers has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. Indus Towers Ltd., India’s largest mobile tower company has announced its plans to utilise its large network of telecom towers spread across the country to host EV charging stations. The company plans […]

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