Andhra State Govt. To Provide Electric Two-Wheeler To Its Employees on EMI-basis

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While Delhi is the first state in the country to formulate policies to promote electric vehicles and is subsidizing the purchase of EVs. Andhra Pradesh government has also come up forward in this direction.

The government of Andhra Pradesh is also going to take a big step in trying to promote electric mobility in the state. The state government of Andhra Pradesh is considering a plan to provide electric two-wheelers to its state government employees on EMI basis with the help of central government agencies. notably, the the scheme, if comes effective, will not only benefit the current employees of the state government, but will also cover cooperatives, public sector undertakings and pensioners as well.

According to a daily, the electric two-wheelers to be provided will be able to cover a distance of 40 to 100 kilometers once full charging. Apart from this, maintenance of up to three years will also be given free on these electric vehicles. This will also relieve EV owners from the worry of their maintenance. The price of electric two-wheelers can be repaid within 24 to 60 months.

The state government will provide around 50% financial assistance on fixed capital investment to the developers of auto clusters and automotive suppliers manufacturing centres (ASMC) that are specific to electric vehicles. Apart from that, private charging stations, and hydrogen generation & refuelling infrastructure would be also given financial assistance.

According to Andhra Pradesh State Energy Secretary, Srikanth Nagulapalli, New and Renewable 

Energy Development Corporation AP Limited (NREDCAP) will be empowered to operate the EMI scheme. To make the scheme a success, the state government will especially focus on rural areas, where village or ward secretariat staff and other low-paid employees can avail of the project. The Government of Andhra Pradesh will soon issue an official notice regarding this scheme.

Energy Efficiency Services Limited (EESL) will be a very close partner in this project. EESL is a central government undertaking agency working to promote electric mobility across India. 

Andhra Pradesh has already released its EV policy, which aims to make the state an electric mobility hub by encouraging e-mobility ecosystem stake holders on both the supply and demand sides. The Andhra Pradesh government has proposed an allocation of 500 to 1,000 acres of land to develop EV parks which will also have plug-and-play internal infrastructure, common facilities and external infrastructure.

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