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Indian EV market potential likely to touch Rs 20 lakh cr by 2030, to create 5 cr jobs . Addressing the '8th Catalyst Conference on Sustainability of E-Vehicle Industry - Evexpo 2024', Gadkari said estimated electric vehicles finance market size will be around Rs 4 lakh crore by 2030.
Govt rolls out new EV charging guidelines to fuel electric vehicle …
Sep 23, 2024 · New Delhi: In a significant push to promote sustainable transportation, the Government of India has unveiled a robust framework for enhancing the electric vehicle (EV) charging infrastructure across the nation. Announced on September 17, 2024, by the ministry of power, these guidelines aim to massively increase the accessibility and density of EV charging stations, with ambitious targets set ...
PM E-Drive Scheme: India targets 30% EV sales by 2030, pushes …
Nov 19, 2024 · New Delhi: India has set an ambitious target of achieving 30% electric vehicle (EV) sales penetration by 2030, with the government focusing on building a robust EV ecosystem supported by research, innovation, and infrastructure development, said Union Minister for Heavy Industries and Steel, H.D. Kumaraswamy
India sets a ₹9.15 lakh crore blueprint for power sector to meet …
Sep 24, 2024 · New Delhi: In a strategic endeavor to revamp India's power infrastructure, the ministry of power, under the guidance of Prime Minister Narendra Modi, has rolled out a comprehensive plan worth ₹9.15 lakh crore aimed at amplifying the nation's power grid and enhancing energy security.Announced by Union minister Manohar Lal during a press conference in New Delhi, the National Electricity Plan ...
India's EV sales double to 96,000 units in 2023, electric two …
Apr 11, 2024 · New Delhi: Electric vehicle (EV) sales in India surged across all segments in 2023, with passenger EV sales nearly doubling to 96,000 units, representing 2.3% of all passenger vehicle sales, as per the Bloomberg New Economy Forum. This growth, marking a significant milestone in India's EV adoption journey, is attributed to a combination of lower lifetime ownership costs, a broader array of ...
India's clean energy capacity to reach 107 GW in solar by 2030, …
Oct 8, 2024 · “India will achieve full self-sufficiency in solar PV and wind and over 90% in battery cells,” said Indra Mukherjee of S&P Global Commodity Insights. The country’s rise in clean energy is being driven by policies such as the Production-Linked Incentive (PLI) scheme, as well as tariffs on imports like basic customs duties (BCD) and the goods and services tax (GST).
India becomes world's third-largest solar power generator: Report
May 9, 2024 · India becomes world's third largest solar power generator, overtakes Japan: Report New Delhi: India has surpassed Japan to become the world's third-largest solar power generator in 2023, driven by significant growth in solar generation, according to a report by global energy think tank Ember. The country's ranking has improved from ninth place in 2015.
India to boost CNG, PNG infrastructure with 17,500 stations, 120 ...
Mar 6, 2024 · New Delhi: India is set to have around 17,500 Compressed Natural Gas (CNG) stations and approximately 120 million Piped Natural Gas (PNG) connections by the year 2030, Union minister for petroleum and natural gas, Hardeep Singh Puri said. This expansion is expected to significantly develop ancillary industries, such as those manufacturing CGD meters, compressors, and dispensers, contributing ...
Reliance to commission first solar giga-factory in FY25
Aug 12, 2024 · It is also targeting industrialising sodium-ion cell production at the MW level in 2025 and the first 50 MWh a year lithium battery cells pilot in 2026. Reliance had in 2021 announced plans to invest USD 10 billion over three years to develop a new fuels business based on 100 GW of renewable power capacity by 2030. The plan involves setting up four giga factories for manufacturing renewable ...
Central Electricity Authority: India’s power demand to reach 270 …
Oct 9, 2024 · New Delhi: India’s peak power demand is set to reach 270 gigawatts (GW) in the next fiscal year and is projected to soar to an estimated 446 GW by 2030, Central Electricity Authority (CEA) Chairperson Ghanshyam Prasad said. Speaking at a media briefing during the 'Brainstorming Session on Indian Power Sector Scenario by 2047,' Prasad outlined the country's evolving power needs and the ...