+
Kolkata aims for major electric vehicle shift by 2030
POWER & RENEWABLE ENERGY

Kolkata aims for major electric vehicle shift by 2030

According to the Kolkata Comprehensive Electric Mobility Plan, jointly prepared by the Asian Development Bank and Niti Ayog, a significant portion of the city's vehicles will transition to electric vehicles (EVs) in the next decade. The plan aims to achieve a major penetration of EVs in Kolkata by 2030, resulting in a notable decrease in carbon dioxide emissions.

Niti Ayog has set specific targets for different vehicle categories in order to accomplish this goal. The plan envisions that 50 per cent of two-wheeler sales in Kolkata will be electric, while three-wheelers will achieve 100 per cent electrification.

For private four-wheelers, the target is to attain a 15 per cent market share for EVs, while commercial four-wheelers are expected to reach a 30 per cent market share. If these targets are met, it is estimated that around 2.8 million tonnes of carbon emissions will be reduced.

The report highlights the tremendous growth potential of EVs in Kolkata. Currently, the city has approximately 3,500 electric vehicles, but this number is projected to exceed 355,000 by the end of 2030.

The total expenses associated with this transition, considering sales projections, are estimated to be over Rs 30.08 billion. However, the operational savings from adopting EVs are predicted to surpass Rs 145.29 billion. Additionally, an investment of Rs 7480 million will be required to establish the necessary charging infrastructure.

Kolkata has already made significant progress in adopting EVs, with a nearly four-fold increase in EV registrations from 2021 to 2022. This growth has been primarily driven by electric two-wheelers, accounting for 64 per cent of registrations, followed by four-wheelers at 35 per cent.

Snehasis Chakraborty, the state transport minister, praised the report for recognising the efforts of the Bengal government in promoting EVs. He emphasised the collaborative endeavors across various departments to achieve the shared objective of zero-emission, climate-resilient transportation.

According to the Kolkata Comprehensive Electric Mobility Plan, jointly prepared by the Asian Development Bank and Niti Ayog, a significant portion of the city's vehicles will transition to electric vehicles (EVs) in the next decade. The plan aims to achieve a major penetration of EVs in Kolkata by 2030, resulting in a notable decrease in carbon dioxide emissions.Niti Ayog has set specific targets for different vehicle categories in order to accomplish this goal. The plan envisions that 50 per cent of two-wheeler sales in Kolkata will be electric, while three-wheelers will achieve 100 per cent electrification.For private four-wheelers, the target is to attain a 15 per cent market share for EVs, while commercial four-wheelers are expected to reach a 30 per cent market share. If these targets are met, it is estimated that around 2.8 million tonnes of carbon emissions will be reduced.The report highlights the tremendous growth potential of EVs in Kolkata. Currently, the city has approximately 3,500 electric vehicles, but this number is projected to exceed 355,000 by the end of 2030.The total expenses associated with this transition, considering sales projections, are estimated to be over Rs 30.08 billion. However, the operational savings from adopting EVs are predicted to surpass Rs 145.29 billion. Additionally, an investment of Rs 7480 million will be required to establish the necessary charging infrastructure.Kolkata has already made significant progress in adopting EVs, with a nearly four-fold increase in EV registrations from 2021 to 2022. This growth has been primarily driven by electric two-wheelers, accounting for 64 per cent of registrations, followed by four-wheelers at 35 per cent.Snehasis Chakraborty, the state transport minister, praised the report for recognising the efforts of the Bengal government in promoting EVs. He emphasised the collaborative endeavors across various departments to achieve the shared objective of zero-emission, climate-resilient transportation.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code