Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
June 20, Wednesday 2018 8:59 PM       

       HEADLINES: Hartal in Idukki on June 25                                              Landslides: Compensation to be given in installments                                              Sreejith’s is not first custodial death in Kerala: CM                                              Big comrade in Varappuzha case should be caught: Chennithala                                              Farmer’s loan fraud: Fr Peelianikkal remanded                                              Agri budget to double farm income by 2022: PM Modi                                              Governor's rule imposed in J-K                                              18K banks, post offices have Aadhaar facility: UIDAI                                              India and France to build strong development partnership: Swaraj                                              Merkel gets ultimatum from hardline ally over migrants                                              Merkel, Macron search for reforms to halt EU 'disintegration'                                              My hardest day in cricket: Paine post England drubbing                                              Kaumudi Facebook
       AUTOMOBILE Next Article: Honda Activa now world's largest selling two-wheeler  
       India eyes all-electric car fleet by 2030
 
         Posted on :18:45:38 Apr 29, 2017
   
A A
       Last edited on:18:45:38 Apr 29, 2017
         Tags: India eyes all-electric car fleet by 2030
 

NEW DELHI: India is looking at having an all-electric car fleet by 2030 with an express objective of lowering the fuel import bill and running cost of vehicles.

"We are going to introduce electric vehicles in a very big way. We are going to make electric vehicles self- sufficient like UJALA. The idea is that by 2030, not a single petrol or diesel car should be sold in the country," said Piyush Goyal said while addressing the CII Annual Session 2017 in the national capital.

Goyal is of the view that initially the government can handhold the electric vehicle industry for 2-3 years to help it stabilise.

Citing the example of Maruti Suzuki, which has logged over 30 per cent profit this time, he explained that the government had supported India's largest car maker initially, which eventually led to development of the big automotive industry in the country.

Goyal told reporters later that the Ministry of Heavy Industries and the NITI Aayog are working on a policy for promotion of electric vehicles.

The minister pointed to the cost factor, saying people would like to buy electric vehicle when they find it cost effective.

About offshore wind projects, Goyal said these are more like an R&D project.

The minister suggested that big PSUs, including NTPC, can initially invest in such projects that will lead to development of this segment in coming years.

Goyal said that in the last 3 years, India's energy consumption has grown by about 6.5 per cent CAGR (compounded annual growth rate), more than the figure for the last 10 years.

He said, "Through UJALA, the LED distribution programme, we have already seen about 500 million LED bulbs sold in the last two years. My job is to improve India's energy efficiency to reduce consumption wherever it is wasteful and ensure that demand is met fully."

He made a point that UDAY has not been just about financial re-engineering but financial discipline. The UDAY scheme is meant for revival of debt stressed discoms.

A A
       AUTOMOBILE
Next Article: Honda Activa now world's largest selling two-wheeler
 
 
AUTOMOBILE HEADLINES
Hyundai crosses 8 mn cumulative production milestone in India  
India could have 10 million CNG vehicles on roads by 2025: Report  
Apple signs deal with Volkswagen for driverless cars  
Toyota Yaris launched at a starting price of Rs. 8.75 lakhs  
Honda drives in new Amaze; to launch six new models in three years  
Tesla sets up Shanghai firm as it expands China presence  
Volkswagen to recall 410K cars over faulty seat belts  
Terra Motors raises 10 million dollar fund to expand in Asian market  
CarToq emerges as the largest, most-engaged automobile platform in India  
Favourable taxation structure pre-requisite to launch EVs in India: Mercedes  
Toyota to build test track for self-driving cars  
Skoda eyes up to 10% growth in 2018  
China considering cutting duty on imported cars by about half  
Triumph Motorcycles India eyes 10% growth  
Dream job: Harley-Davidson interns get a free motorcycle  
BMW expects 50% of sales in India to come from X series SUVs  
First years’ service for smallest Rolls-Royce  
Volvo Cars plans to assemble two more models in India this year  
Toyota plans to hike vehicle prices next month  
China to lift foreign ownership limits on automakers  
VW's new CEO asserts authority as sets out on road to reform  
Paris Motor Show 2018 to be trendsetter in showcasing futuristic technologies in automobile space  
Mahindra Electric, Zoomcar partner to offer self-drive EVs on rent  
Ford could make electric cars in Germany after 2023  
HMSI recalls 56,194 units of Aviator, Activa 125, Grazia  
 
Do you think electric bus will be a success in Kerala?
Yes
 
No
 
No opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy