Friday , January 27 2023

EV infrastructure policy soon; Individuals may install a station for commercial purposes: R K Singh


The Ministry of Electricity will soon establish an electric vehicle (EV) charging infrastructure policy, and individuals will be able to install commercial charging stations to improve electronic mobility, RK Singh said on Sunday.

In an international symposium on energy sector innovation and research, Singh told reporters, "We have circulated EV charging policies (between other ministries)," Singh said.

When an individual asks if he can use the facility commercially, he replies, "I absolutely do not need a license."

The EV charging infrastructure is needed to improve the country's electric cars. India plans to occupy a significant portion of EVs in vehicle strength by 2030. This is in line with our intention to reduce the emission intensity to one-third of the 2005 level.

The ministerial level raised ceiling prices for the 1,200 MW hybrid auction (wind and solar) expansion, "the ceiling has been raised to Rs 2.70 per unit."

The auction scheduled for October 26 was postponed until November 14. The winner sets a hybrid solar and wind capacity of 1,200 MW. The industry is opposed to Rs 2.6 per unit based on hybrid bids.

Meanwhile, the 10GW solar auction bidding deadline is extended until November 19th. Techno commercial bidding will be open on November 20th. Auctions involving 3GW manufacturing elements have been extended several times. Your bid was submitted on November 12.

Promotion of clean energy is important to the government. By 2022, India has set a clean energy target of 175 GW, including 100 GW of solar energy and 60 GW of wind energy.

The minister said India has 72GW of renewable energy capacity, 20GW is in various stages, and 27GW is in the bidding stage.

Singh said that the ministry is working with oil ministries to install EV charging stations in gasoline pumps.

Energy Efficiency Services Ltd (EESL) and the Asian Development Bank (ADB) will provide $ 113 million in grants to the Global Environment Facility (GEF) to support investments in new, innovative and scalable business models, Rotating Fund (EERF).

The EERF aims to expand and maintain investment in India's energy efficiency markets, build market diversification and expand existing technologies.

EADL and GAIL (India) Ltd signed a Memorandum of Understanding to develop natural gas-based cogeneration and triple-power projects at Commercial & Industrial Sectors on Friday Inspire 2018. The agreement is set to provide the combined benefits of heat and power technology for industries such as hotels, hospitals, airports, shopping malls, commercial / government buildings, integrated residential complexes, educational institutions and data centers.

Inspire 2018 was formed in partnership with the Energy Efficiency Agency (BEE), the Energy and Resources Institute (TERI), the Asian Development Bank (ADB), the United Nations Environment Program (UNEP) ASCI).

The event was also attended by Junaid K Ahmad, Country Director of the World Bank (WB) and Kenichi Yokoyama, Director of the Asian Development Bank (ADB).

(This story was not edited by Devdiscourse staff and was automatically generated from syndicated feeds.)

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