Ministry Of Heavy Industries Sanctions Charging Stations

  • By The Ministry of Heavy Industries.
  • Under the Scheme, Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India).

Phase I:

  • About 2.8 lakh xEVs were supported with total demand incentives of Rs. 359 Crore (Approx).
  • 425 electric and hybrid buses, sanctioned
  • 520 Charging Stations/ Infrastructure
  • Sanctioned for technology development projects like the establishment of testing Infrastructure
  • Setting up of ‘Centre of Excellence’ for Advanced Research in electrified transportation, Battery Engineering etc.
  • To various organisations/institutions like Automotive Research Association of India (ARAI), IIT Madras, IIT Kanpur, Non-Ferrous Material Technology Development Centre (NFTDC), Aligarh Muslim University (AMU) etc.

Phase II:

  • Notified for five years commencing from 1 April 2019 with a total budget of Rs. 10,000 crore.
  • Focuses on supporting electrification of public & shared transportation.
  • to support through demand incentive 7090 eBuses, 5 lakh e-3 Wheelers, 55000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers.
  • Subsidy amounting to Rs. 5248.00 crore given to electric vehicle manufacturers.
  • Sanctioned 6862 electric buses to various cities/STUs/State Govt.
  • Rs. 800 Cr. as capital subsidy to the three Oil Marketing Companies (OMCs) of the Ministry of Petroleum and Natural Gas (MoPNG) for 7,432 electric vehicle public charging stations.
  • 148 EV Charging Stations to other entities.
  • No incentive is given to EV manufacturers/ companies.
  • Incentives/concession is provided to consumers (buyers/end users) in the form of an upfront reduced purchase price of hybrid and electric vehicles.
  • It will be reimbursed to the OEM (EV manufacturers) by the Government of India.
  • Total of 62 OEMs have been registered as of 29.11.2023.
Posted in Current Affairs.