India Unveils Ambitious EV Charging Framework
ECONOMY & POLICY

India Unveils Ambitious EV Charging Framework

On September 17, 2024, the Indian government introduced a comprehensive plan to boost electric vehicle (EV) adoption by expanding charging infrastructure nationwide. The guidelines target urban areas with a dense network of EV charging stations every square kilometer by 2030. Fast-charging stations will be installed every 100 kilometers on major highways and expressways, promoting long-range EV use.

Sustainability is a key focus, with the new framework encouraging solar energy integration into charging stations and offering lower electricity rates during peak solar hours. To further drive growth, charge point operators will benefit from financial incentives and access to public land at reduced rates, with electricity prices kept below average costs until March 2028.

This policy fosters public-private partnerships, stimulating job creation and economic activities related to the EV sector. As India progresses toward its climate goals, this infrastructure development is set to make EV ownership more accessible and convenient, paving the way for sustainable mobility across the country.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

On September 17, 2024, the Indian government introduced a comprehensive plan to boost electric vehicle (EV) adoption by expanding charging infrastructure nationwide. The guidelines target urban areas with a dense network of EV charging stations every square kilometer by 2030. Fast-charging stations will be installed every 100 kilometers on major highways and expressways, promoting long-range EV use. Sustainability is a key focus, with the new framework encouraging solar energy integration into charging stations and offering lower electricity rates during peak solar hours. To further drive growth, charge point operators will benefit from financial incentives and access to public land at reduced rates, with electricity prices kept below average costs until March 2028. This policy fosters public-private partnerships, stimulating job creation and economic activities related to the EV sector. As India progresses toward its climate goals, this infrastructure development is set to make EV ownership more accessible and convenient, paving the way for sustainable mobility across the country.

Next Story
Infrastructure Transport

Madurai-Sivaganga Road Expansion Faces Delays

The expansion of the Madurai-Sivaganga Road into a four-lane highway, part of the ?150 crore Melamadai Grade Separator project, is delayed due to ongoing land acquisition issues. The state highways department has issued notices to 60 landowners, asking them to finalize compensation within one month. The project covers a 2-km stretch from Anna Bus Stand to Aavin Junction, including key junctions like Collector's Office and Melamadai. The road will be widened from 7-11 meters to a standard 19 meters, incorporating a center median and stormwater drains to improve traffic flow in this busy corrido..

Next Story
Real Estate

NCLT Orders Response to Supertech Homebuyers

The National Company Law Tribunal (NCLT) has directed Interim Resolution Professional (IRP) Hitesh Goel to respond to applications filed by representatives of over 26,000 homebuyers of Supertech Ltd. These homebuyers, represented by authorized representatives and association post holders, seek protection of their rights across eleven Supertech projects, including North Eye, Ecociti, Cape Town, and Ecovillage in Noida and Greater Noida, as well as projects in Gurugram and Bengaluru. The homebuyers are supporting the National Buildings Construction Corporation (NBCC) to take over the projects, p..

Next Story
Infrastructure Urban

Finance Minister Reviews Urban Capex Plan

Union Finance Minister Nirmala Sitharaman reviewed the capital expenditure (capex) plans of the Ministry of Housing and Urban Affairs, emphasizing the timely and effective utilization of funds, particularly for the Pradhan Mantri Awas Yojana (Urban) scheme, which aims to address affordable housing in urban India. Sitharaman stressed the importance of accelerating the scheme's progress to meet the country’s housing needs. As part of the ongoing reviews of ministries with significant capex allocations, the meeting focused on ensuring the efficient use of the ?28,628 crore earmarked for the fin..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000