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      Home » This State Halted EV Subsidies but Invests in Charging Points

      This State Halted EV Subsidies but Invests in Charging Points

      Aishwarya SaxenaBy Aishwarya SaxenaNovember 29, 2022 News 2 Mins Read
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      Taking the sales growth of electric vehicle market into account, Goa has become the India’s first state to halt the subsidy for the purchase of electric vehicles (EVs) from August 1 this year.

      subsidyHowever, the government is going ahead with its plan to set up charging points across the State.

      The Goa Energy Development Agency (GEDA) will spend Rs 3.2 crore to build nearly 40 EV charging stations across Goa under FAME II guidelines.

      It has floated a tender inviting Expression of Interest (EoI) for the selection of the firm or individual entrepreneur for the supply, installation, commissioning, operation and maintenance of the 40 charging stations.

      The EoIs have to be submitted by those having experience in the field and present their plan on a Design, Built, Operate, Finance and Transfer (DBOFT) basis.

      Earlier in August, Goa withdrew its subsidy scheme for EV buyers without giving any reasons.

      Central and FAME-II subsidies however continue to apply to EV buyers in the State.

      “Government is pleased to announce to discontinue of the scheme for ‘Promotion of Electric Vehicles in the State of Goa,” the public notice issued by the Department of New and Renewable Energy states.

      Although no reasons were given to abruptly stop the incentive scheme for EVs, government sources had indicated that the target set for EVs under the policy being met as being one of the reasons.

      electric vehicles EV buyers EV charging stations Expression of Interest FAME -II subsidies Goa Energy Development Agency incentive scheme news
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