Delhi to provide scrapping incentives under EV policy
ECONOMY & POLICY

Delhi to provide scrapping incentives under EV policy

The Delhi Government will provide scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles under the Delhi Electric Vehicle (EV) Policy 2020.

Last year in August, the Delhi Government notified the Delhi EV Policy to promote clean mobility solutions. The policy aims to establish the feasibility for large scale adoption of electric four wheelers, through transitioning the entire government fleet to electric.

Road Transport, Highways and MSMEs Minister Nitin Gadkari informed Rajya Sabha that under the scheme, all hired and leased cars used for the commute of Government of National Capital Territory of Delhi (GNCTD) officers should be transitioned to electric within a period of 12 months from the date of issue of the policy.


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


The Delhi Government order issued on 25 February 2021, in this regard, mandates the conversion of all vehicles owned or leased by the GNCTD to transition to electric by 6 August 2021, Gadkari told the media.

The scrapping incentive for vehicles is applicable on the evidence of matching contribution from the dealer or original equipment manufacturer (OEM), such that the GNCTD will provide incentive matching the contribution made by the OEM or dealer on the scrapping value of the vehicle, not exceeding Rs 5,000 per vehicle for two-wheelers and Rs 7,500 per vehicle for auto and light commercial vehicles.

Gadkari said other incentives are also to be offered. Private and two-wheeler vehicles would also be included in this scheme. As we reported earlier, commercial vehicles over 15 years old, subject to fitness test, may be the first ones to go off road under the new scrappage policy.

Image Source


Also read: New scrappage policy for 15-year old vehicles soon: Nitin Gadkari

Also read: Old vehicles will be off roads from April 2022

The Delhi Government will provide scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles under the Delhi Electric Vehicle (EV) Policy 2020. Last year in August, the Delhi Government notified the Delhi EV Policy to promote clean mobility solutions. The policy aims to establish the feasibility for large scale adoption of electric four wheelers, through transitioning the entire government fleet to electric. Road Transport, Highways and MSMEs Minister Nitin Gadkari informed Rajya Sabha that under the scheme, all hired and leased cars used for the commute of Government of National Capital Territory of Delhi (GNCTD) officers should be transitioned to electric within a period of 12 months from the date of issue of the policy.4th Indian Cement Review Conference 202117-18 March Click for event info The Delhi Government order issued on 25 February 2021, in this regard, mandates the conversion of all vehicles owned or leased by the GNCTD to transition to electric by 6 August 2021, Gadkari told the media. The scrapping incentive for vehicles is applicable on the evidence of matching contribution from the dealer or original equipment manufacturer (OEM), such that the GNCTD will provide incentive matching the contribution made by the OEM or dealer on the scrapping value of the vehicle, not exceeding Rs 5,000 per vehicle for two-wheelers and Rs 7,500 per vehicle for auto and light commercial vehicles. Gadkari said other incentives are also to be offered. Private and two-wheeler vehicles would also be included in this scheme. As we reported earlier, commercial vehicles over 15 years old, subject to fitness test, may be the first ones to go off road under the new scrappage policy. Image Source Also read: New scrappage policy for 15-year old vehicles soon: Nitin Gadkari Also read: Old vehicles will be off roads from April 2022

Next Story
Products

Mulroom Revolutionizes India’s Furniture Market

India's furniture market, a rapidly growing industry, has long grappled with inefficient supply chains, high costs, and limited customization options. Enter Mulroom, a tech-driven startup founded by Parikshit Guhabiswas, which aims to revolutionize the sector through a direct-to-consumer (DTC) model that empowers craftspeople and small-scale manufacturers while promoting sustainability. Mulroom tackles the industry's age-old problems by eliminating middlemen and implementing a lean, technology-enabled supply chain that cuts down waste and reduces costs. By leveraging AI-powered demand forecas..

Next Story
Infrastructure Urban

Build Capital Exits Second SRA Project with 19.76% IRR

Build Capital, an early-stage real estate financier, has successfully exited its investment in a Slum Rehabilitation Authority (SRA) project near Bandra-Kurla Complex (BKC), Mumbai. This marks another successful exit for Build Capital this year, highlighting its focus on delivering superior stakeholder value through structured real estate financing. Build Capital partnered with the developer during the early stages of the project, which had faced significant delays. Its investment facilitated the completion of rehabilitation works and the conversion of scheme parameters to DCPR 2034, enhancin..

Next Story
Infrastructure Urban

Chandak Group Celebrates Women’s Identity

Chandak Group marked this Women’s Day with a powerful and heartfelt gesture aimed at celebrating the individuality and strength of women. Instead of conventional celebrations, the real estate brand launched a meaningful campaign to honor the women who have made Chandak homes their own. The initiative offered every woman homebuyer a unique, personalized memento—a beautifully engraved, sustainable keyholder featuring her name. This thoughtful token serves not only as a keepsake but also as a recognition of her journey, achievements, and rightful space within the home. The campaign’s emot..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?