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MNRE misses capacity addition targets; 175 GW by 2022 in peril: Parliamentary Panel

By : Sustainability ..., Dec 9, 2019

The renewable energy ministry has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of renewables by 2022, said a Parliamentary panel. The Parliamentary Standing Committee on Energy has also...

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Bajaj Auto invests $8 million in e-bicycle sharing platform Yulu

By : Sustainability ..., Nov 27, 2019

Bajaj Auto Ltd, India’s second largest motorcycle manufacturer, will invest in Bengaluru-based cycle sharing platform Yulu, which offers electric cycles and bicycles on hire for last-mile commute.

This comes in the...

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States rule out GST rate cut on automobiles amid grim revenue situation

By : Sustainability ..., Sep 13, 2019

Key states have expressed reservations on a cut in the goods and services tax (GST) rate for the auto sector because of the grim revenue situation, after the fitment panel refrained from recommending any such reduction. Facing a deepening slowdown, the auto sector is pinning...

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GST Council to decide on tax cut on electric vehicles this week

By : Sustainability ..., Jul 22, 2019

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles, officials said. The 36th meeting of the Council,...

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12% GST on RECs: Renewable power companies move Delhi High Court

By : Sustainability ..., Apr 18, 2019

Renewable power companies have moved the Delhi High Court, seeking to exempt the renewable energy certificates (RECs) from the goods and services tax (GST). The case will also have implications...

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Govt missing out on low-hanging fruits amid EV-push

By : Sustainability ..., Mar 25, 2019

A Rs 10,000 crore scheme to subsidise sale of electric and hybrid vehicles as part of efforts to curb pollution is welcome, but the government is missing out on low-hanging fruits like Auto LPG...

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Solar power generation 5.8 per cent costlier with GST: Report

By : Sustainability ..., Mar 8, 2019

The introduction of Goods and Services Tax (GST) has led to an increase in the cost of solar photovoltaic (PV) power generation by almost 6 per cent, an independent study by the Council on...

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EV makers seek lower duty on components, batteries

By : Sustainability ..., Jan 29, 2019

The electric vehicle industry is seeking customs duty rationalisation on batteries, cells, motor, controlling units and other components currently imported by OEMs. 

...

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SMEV Seeks Rs 20,000 Crore to promote electric vehicles in India

By : Sustainability ..., Jan 21, 2019

Electric vehicle (EV) makers' body SMEV sought an allocation of Rs 20,000 crore in the next two years for promoting EVs in the country and also urged the government to impose a "notional green cess" on conventional vehicles...

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Solar power industry demands uniform GST rate of 5 per cent

By : Sustainability ..., Dec 31, 2018

The Solar Power Developer Association (SPDA) has demanded the goods and services tax rate be kept uniform at 5 per cent on solar power generating system (SPGS) saying recent recommendations of...

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