EV Talk

It gives me immense pleasure to be able to bring the international e-mobility ecosystem to Telangana leading up to the much-awaited Formula E race. Telangana has always been at the forefront of EV adoption in India. We were one of the first states to launch the EV&ESS policy in 2020. The state has also attracted investments from key EV Companies such as Fisker, Olectra, Biliti Electric, and ZF Group. It is a fast-growing sector, and we intend to stay ahead of the curve. This places Telangana, and its capital city Hyderabad, at the perfect juncture to host the Hyderabad e-Mobility Week and the Hyderabad E-Prix.
K. T Rama Rao, Hon'ble Minister for IT, Industries & MA&UD
Goverment of Telangana
Green Mobility: To avoid cascading of taxes on blended compressed natural gas, I propose to exempt excise duty on GST-paid compressed bio gas contained in it. To further provide impetus to green mobility, customs duty exemption is being extended to import of capital goods and machinery required for manufacture of lithium-ion cells for batteries used in electric vehicles.
Nirmala Sitharaman, Minister of Finance
Government of India
Energy Storage Projects: To steer the economy on the sustainable development path, Battery Energy Storage Systems with capacity of 4,000 MWH will be supported with Viability Gap Funding. A detailed framework for Pumped Storage Projects will also be formulated.
Nirmala Sitharaman, Minister of Finance
Government of India
Energy Transition: This Budget provides ` 35,000 crore for priority capital investments towards energy transition and net zero objectives, and energy security by Ministry of Petroleum & Natural Gas.
Nirmala Sitharaman, Minister of Finance
Government of India
Green Hydrogen Mission: The recently launched National Green Hydrogen Mission, with an outlay of ` 19,700 crores, will facilitate transition of the economy to low carbon intensity, reduce dependence on fossil fuel imports, and make the country assume technology and market leadership in this sunrise sector. Our target is to reach an annual production of 5 MMT by 2030.
Nirmala Sitharaman, Minister of Finance
Government of India
Green Growth: Hon’ble Prime Minister has given a vision for “LiFE”, or Lifestyle for Environment, to spur a movement of environmentally conscious lifestyle. India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in green industrial and economic transition. This Budget builds on our focus on green growth.
Nirmala Sitharaman, Minister of Finance
Government of india
This Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous and inclusive India, in which the fruits of development reach all regions and citizens.
Nirmala Sitharaman, Minister of Finance
Government of India
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