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Himachal Pradesh Plans To Allocate 40% Subsidy For E-Vehicles

Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Monday announced that the state will issue new permits for 1,000 private bus routes and offer subsidies of up to 40 percent on electric vehicles, including buses and tempo travellers. Speaking at the All India Motor Transport Congress’ ‘National Truck and Bus Meet’ in Gandhi Gram, […]

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News In Brief March 19: US Solar Cell Plant, Tripura Solar Subsidy, Prysmian-Edison Deal,

Tripura Has Installed 12,800 Solar Plants: Power Minister Tripura has already completed the installation of about 12,800 solar plants, according to state power minister, Ratan Lal Nath. He added that  the state will receive a subsidy of up to Rs 85,800 for 3-kilowatt solar plants. Under the scheme, Tripura offers residential electricity consumers will receive […]

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AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing

Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […]

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EU Investigates Distortive Practices By Chinese Solar Companies In Foreign Subsidy

European Commission has initiated two in-depth investigations under the Foreign Subsidies Regulation (FSR) related to the potential distortive role of foreign subsidies given to bidders in a public procurement procedure. In the investigation, the commission will assess whether the economic operators concerned did benefit from an unfair advantage to win public contracts in the EU. […]

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E-2W, 3W To Witness Increase Uptake Despite FAME-II Subsidy Reduction: ICRA

India-based investment information and credit rating agency (ICRA) estimated a surge in Indian electric two-wheeler e-2w, and e-3w three-wheeler (excluding e-rickshaws) penetration levels can reach 6-8% and 14-16% respectively in FY2025. The company opined that the government Electric Mobility Promotion Scheme 2024 is a timely move to support the adoption of electric vehicles (EV) in […]

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New Rooftop Subsidy Only For Applications Post Feb 13-MNRE

The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […]

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MNRE Increases Subsidy For New Residential Solar Rooftop Consumers

The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […]

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