Electricity Subsidy
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India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
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Electric Two And Three-Wheeler Subsidies Extended Till September 2024
The Ministry of Heavy Industries (MHI) has extended the Electric Mobility Promotion Scheme for two and three wheelers till September 30, 2024.
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China Offering Rs 1.15 Lakh To Drivers Who Trade Old Car For New Model
Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380 or Rs 1,15,096), the commerce ministry has announced.
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Lt Governor's Assurance On Subsidies, AAP Says Win For Arvind Kejriwal
Lieutenant Governor VK Saxena on Saturday said electricity, water and bus fare subsidies will continue in Delhi as these schemes do not belong to any party.
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India Must Keep E-Scooter Subsidies to Boost Adoption, Ather CEO Says
India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.
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LPG Subsidy, Farm Loan Waiver, Caste Census In Congress' Manifesto For Chhattisgarh
The Congress on Sunday released its manifesto for the Chhattisgarh assembly polls, promising caste census, loan waiver to farmers, Rs 3,200 for per quintal for paddy procurement and subsidised cooking gas cylinders to women under a new scheme.
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Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
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India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
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India Preparing Multi-Billion-Dollar Subsidy Scheme for Domestic Battery Manufacturing: Report
The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...
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EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
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Electric Scooters To Get Expensive From June 1. Here's Why
The government offers subsidy on electric vehicles under the FAME scheme, which will continue for three years. The amount, however, has been reduced.
-
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
-
Lt Governor's Legal Action Threat Over AAP Leaders' Power Subsidy Claims
Delhi Lieutenant Governor VK Saxena has written a strongly worded letter threatening legal action against Chief Minister Arvind Kejriwal and Aam Aadmi Party (AAP) ministers for accusing him of trying to stop the electricity subsidy to the poor.
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Delhi Lt Governor Clears Power Subsidy File Amid Showdown With AAP
Delhi Free Electricity: A fresh tussle between the AAP-led Delhi government and Lieutenant Governor VK Saxena broke out today over power subsidies to consumers in the national capital.
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Not Getting Appointment To Meet Delhi Lt Governor, Alleges Delhi Minister
Delhi Power Minister Atishi on Thursday claimed that she was not getting an appointment to discuss with the Lt Governor the issue of electricity subsidy which many people may not get since the file is yet to be returned to the city government.
-
India Probing Three EV Makers For Fraudulently Taking Subsidies: Report
India is investigating three electric vehicle makers for fraudulently availing government subsidies totaling Rs 2.97 billion, the Ministry of Corporate Affairs (MCA) said on Monday.
-
Electric Two And Three-Wheeler Subsidies Extended Till September 2024
The Ministry of Heavy Industries (MHI) has extended the Electric Mobility Promotion Scheme for two and three wheelers till September 30, 2024.
-
China Offering Rs 1.15 Lakh To Drivers Who Trade Old Car For New Model
Drivers in China who trade in an old car for a newer model are eligible for a subsidy of up to 10,000 yuan ($1,380 or Rs 1,15,096), the commerce ministry has announced.
-
Lt Governor's Assurance On Subsidies, AAP Says Win For Arvind Kejriwal
Lieutenant Governor VK Saxena on Saturday said electricity, water and bus fare subsidies will continue in Delhi as these schemes do not belong to any party.
-
India Must Keep E-Scooter Subsidies to Boost Adoption, Ather CEO Says
India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.
-
LPG Subsidy, Farm Loan Waiver, Caste Census In Congress' Manifesto For Chhattisgarh
The Congress on Sunday released its manifesto for the Chhattisgarh assembly polls, promising caste census, loan waiver to farmers, Rs 3,200 for per quintal for paddy procurement and subsidised cooking gas cylinders to women under a new scheme.
-
Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
-
India Electric Mobility Council Urges Government to Continue EV Sector Incentives, Warns Impact on Sales
Industry body IEMC on Thursday demanded the continuation of incentives given to the electric vehicle sector and cautioned that the withdrawal of sops would reduce EV sales to 37 million units by 2030 from an estimated 125 million.
-
India Preparing Multi-Billion-Dollar Subsidy Scheme for Domestic Battery Manufacturing: Report
The Indian government is reportedly working on a new multibillion-dollar subsidy scheme for companies making electricity grid batteries as part of its transition to clean energy. The draft proposal for a production-linked incentive subsidy scheme would offer Rs. 216 billion ($2.63 billion) from this year through to 2030 for companies to set up manu...
-
EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
-
Electric Scooters To Get Expensive From June 1. Here's Why
The government offers subsidy on electric vehicles under the FAME scheme, which will continue for three years. The amount, however, has been reduced.
-
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say
Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy of electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for a considerable period of time.
-
Lt Governor's Legal Action Threat Over AAP Leaders' Power Subsidy Claims
Delhi Lieutenant Governor VK Saxena has written a strongly worded letter threatening legal action against Chief Minister Arvind Kejriwal and Aam Aadmi Party (AAP) ministers for accusing him of trying to stop the electricity subsidy to the poor.
-
Delhi Lt Governor Clears Power Subsidy File Amid Showdown With AAP
Delhi Free Electricity: A fresh tussle between the AAP-led Delhi government and Lieutenant Governor VK Saxena broke out today over power subsidies to consumers in the national capital.
-
Not Getting Appointment To Meet Delhi Lt Governor, Alleges Delhi Minister
Delhi Power Minister Atishi on Thursday claimed that she was not getting an appointment to discuss with the Lt Governor the issue of electricity subsidy which many people may not get since the file is yet to be returned to the city government.
