Maharashtra Eyes Rs 25,000 Cr Investment in EV Segment

Moreover, EESL will provide 1,000 such vehicles in phased manner on rent.

The Chief Minister of Maharashtra Devendra Fadnavis has said that the state government has adopted a policy to promote electric vehicles (EV) and mulls to bring Rs 25,000 crore investment for their manufacturing.

Fadnavis further said that its government is encouraging use of electric vehicles through its departments.

He was speaking at a function in Mantralaya (state secretariat), where 5 e-vehicles procured on rent from Energy Efficiency Services Ltd (EESL) were handed over to the PWD department.

Moreover, the company will provide 1,000 such vehicles in phased manner on rent. Initially, 2 charging stations each will be set up in Mantralaya (Mumbai) and Nagpur for these vehicles.

This initiative is aimed at encouraging the use of electric vehicles by government departments to protect the environment, CM has said.

Earlier in May 2018, the state PWD department signed an MoU with EESL to procure EVs on rent from the central PSU. The MoU also envisages manufacturing such vehicles and their spare parts.

Source: PTI