India’s newly appointed finance minister, Nirmala Sitharaman, has unveiled the country’s full-year budget that discussed support for lithium battery and electric vehicle (EV) manufacturing, as well as a focus on solar charging infrastructure for EVs. The budget runs up to 31 March 2020, following prime minister Narendra Modi’s recent thumping victory in the world’s largest […]
Budget 2019: 24×7 quality power with smart infrastructure solutions
Union Budget 2019: Besides energy efficiency, smart infrastructure solutions enhance safety, sustainability and reliability. Budget 2019 India: As scorching summers set electricity demand soaring to record highs, the government has its task cut out in driving energy reforms and policy initiatives. These factors should be significant as the Centre prepares to announce the 2019 Union […]
Budget likely to charge up electric vehicle push with tax incentives
The govt is also examining extension of tax holiday for units operating or planning to set up operations in special economic zones With promotion of clean energy high on government agenda, the upcoming Budget is likely to incentivise manufacturing of electric vehicles (EVs) in the country. This is also expected to drive foreign direct investment […]
