5,645 Electric Buses Sanctioned for 65 Cities: Amitabh Kant Updated On Tue, Jul 30th, 2019 by Saurenergy 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 […] Read more
Will Tax Sops Help in Faster Adoption of Electric Vehicles? Updated On Mon, Jul 29th, 2019 by Saurenergy 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 […] Read more
India has a Game Plan for Electric Vehicles: Amitabh Kant Updated On Mon, Jul 29th, 2019 by Saurenergy 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 […] Read more
Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy 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 […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy 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 […] Read more
Gujarat Invites Manufacturers for Distribution of Electric 2 & 3 Wheelers Updated On Wed, Jul 24th, 2019 by Saurenergy 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 […] Read more
Odisha Gets on With the EV Transition, Plans to Introduce Electric Buses Updated On Mon, Jul 22nd, 2019 by Saurenergy 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 […] Read more
CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility Updated On Fri, Jul 19th, 2019 by Saurenergy 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 […] Read more
Indus to use its Telecom Tower Network to Host EV Charging Stations Updated On Thu, Jul 18th, 2019 by Saurenergy 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 […] Read more