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EV Charging Infra Support Equipment
EV Policy updates from various states
Maharashtra state has revealed various plans to ensure smooth deployment of EVs:- Interest Subsidy will be provided to qualifying MSMEs
- Qualifying MSMEs are exempted from Electricity duty for up to 15 years
- For manufacturing units in Vidarbha a power tariff subsidy of Rs. 1/Unit for upto 3 years is provided
- MSEDCL plans 10 electric vehicle fast charging stations in Nagpur
Karnataka Government has also announced incentives and concessions for MSMEs:
- Term loans ranged from Rs. 10 Cr to Rs. 50 Cr would be provided MSMEs
- These enterprises would also be entitled to 100% electricity duty exemption
- A waiver of Rs. 1000 each for the training of workers for EV manufacturing
- The state govt. would reimburse the MSMEs 30% to 50% of the GST
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