May 28, 2024

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Goa draft EV policy 2021 subsidising 11,000 EVs for 5 years 

Goa draft EV policy

Goa draft EV policy 2021 subsidising 11,000 EVs for 5 years 

The government of Goa has issued the draft ‘Goa Electric Mobility Promotion Policy, 2021’ for the adoption of electric vehicles and to cut down the carbon emissions making the state greener. Goa has recently announced that it will offer subsidies to 11,000 electric vehicles every year for the next five years. So this policy will be implemented for 5 years. Let us know more about Goa draft EV policy. 

The government has plans to subsidise 10,000 electric two-wheelers, 500 electric four-wheelers and 500 electric three-wheelers. It has been capped at Rs 1 crore for three-wheelers, and for four-wheelers, the limit is Rs 14 crore. As a whole, the annual subsidy on electric vehicles will not go beyond Rs 25 crore.

The clean mobility program will be applicable for the first 10,000 electric two-wheelers sold in the state. It will reduce 5,000 tons of CO2 emissions every year and removes 10% of pollution from the state. The state government had also announced that it would be waiving off registration charges for the first 10,000 electric 2-wheelers.

The Minister of Power, Environment, and New & Renewable Energy, Goa, Nilesh Cabral had shown the importance of ushering in electric two-wheelers in the state.

Goa draft EV policy key Highlights

  • The subsidy will be given on a first come first serve basis.
  • The incentive for electric two-wheelers and electric three-wheelers has been capped at ₹ 30,000 per vehicle,
  • The electric four-wheelers will be given incentives up to ₹ 1.5 lakh per vehicle.
  • Manufacturers of EVs, batteries, EV components, EV supply equipment, are eligible for incentives
  • Road tax and registration fees would be waived for all battery electric vehicles during the period of this policy.

Objectives of the draft EV policy 

  • 30% of annual vehicles registered in Goa, starting from the year 2025, would be electric.
  • To convert 50% of all ferries to electric by 2025.
  • To create 10,000 direct and indirect jobs in the sector by 2025.
  • To encourage start-ups and investment in the field of electric mobility and associated sectors.
  • To promote service units which would include electric vehicles and battery repair and maintenance stations
  • To promote R&D, innovation and skill development within the EV sector.
  • Financial Incentives-Purchase incentives, Scraping incentives, Interest subvention on loans.
  • To provide a waiver on road tax and registration fees.
  • To establish a wide network of charging stations and swappable battery stations, and develop a publicly owned database of the same.

To avail of the incentives, electric two-wheelers must have 

Charging stations support 

  • The State shall endeavour to have a charging station at every 25 kilometres on highways and every 3 kilometres within city limits.
  • All new and renovated non-residential buildings, as well as individual and other residential buildings, Co-op, Group Housing Societies and colonies managed by Residents Welfare Associations (RWAs), with parking demarcated for more than 10 equivalent car spaces (‘ECS’) will need to have at least 20% ‘EV ready’ ECS spots with conduits installed.
  • In the case of solar-powered charging stations, the state shall provide a 20% capital subsidy for installation.

Utility subsidies 

  • Electricity will be provided at a lowered power tariff, currently of INR 4.2/unit as determined by the Joint Electricity Regulatory Commission (JERC) on an annual basis.
  • Department of New and Renewable Energy would take responsibility for the following solar-powered stations, accounting for electric2W/3W/4W and e-bus charging. 
  • Installation of first 50 charging stations in the state at selected Kadamba TransportCorporation Ltd. (KTCL) bus depots. Installation of 5 fast-charging stations at the international airport. Installation of 10 slow charging stations at Central Secretariat in Panaji.

Support for re-skilling & up-skilling

  • Skill development courses in EV maintenance and component assembly will be started in ITIs and Polytechnics’ to skill the workforce to augment the manpower required for the EV promotion and maintenance.
  • A stipend of up to 50% of the cost of course fee subject to a limit of INR 10,000/- per year per student in all skill development and re-skilling courses affiliated to Board of Technical Education and State Council for Vocational Training shall be offered.

For complete draft EV policy 2021 

Also, read related article: CESL signed MoUs with Goa & Kerala to procure 30,000 electric two & three-wheelers

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