Maharashtra Unveils Rs 113.73 Bn EV Push with Subsidies, Toll Waivers
Equipment

Maharashtra Unveils Rs 113.73 Bn EV Push with Subsidies, Toll Waivers

In a significant move to accelerate clean mobility, the Maharashtra government has approved the Electric Vehicle (EV) Policy 2025, introducing a Rs 113.73 billion package over the next five years to boost EV adoption, manufacturing, and infrastructure. The policy will remain in effect until March 31, 2030, replacing the earlier 2021 policy that expired in March 2025.

The new policy provides direct purchase subsidies across all vehicle segments—two-, three-, and four-wheelers, electric buses, commercial vehicles, agricultural EVs, and transport fleets. Electric two-, three-, and non-transport four-wheelers as well as public transport buses will receive up to 10% subsidy on base price, while goods carriers and larger passenger vehicles will be eligible for up to 15 per cent. All EVs registered under the policy period will also enjoy exemptions from motor vehicle tax and registration charges, significantly reducing ownership costs.

To support smoother EV operations, the policy mandates the installation of charging points every 25 km on state and national highways. The state will partner with oil companies to add charging infrastructure to existing and upcoming fuel stations, wherever technically feasible.

Toll concessions are another major feature:
- EVs will be exempt from tolls on key corridors such as the Mumbai–Pune Expressway, Mumbai–Nagpur Samruddhi Mahamarg, and the Shivdi–Nhava Sheva Atal Setu.
- A 50 per cent toll discount will apply on other national and state highways maintained by the Public Works Department.
- Fast-charging units will also be installed at State Transport bus depots and terminals to promote EV-based public transport.

The policy outlines a broader environmental vision through the launch of a Clean Mobility Transition Model, aiming to cut 1 million tonnes of greenhouse gas emissions and reduce 32 tonnes of PM 2.5 pollutants by 2030. It also incentivizes local EV production, battery recycling, and skill development in the clean-tech sector.

In parallel, the cabinet approved a new aggregator policy to regulate app-based transport services like Ola, Uber, and Rapido, in line with Supreme Court guidance. This policy introduces mandatory licensing, safety measures including real-time GPS tracking, background checks, driver-passenger insurance, and grievance redressal systems.

To support women’s safety and preferences, the policy allows for women-only pooling options with the ability to choose female drivers and co-passengers. All aggregator platforms must also comply with cybersecurity norms under the IT Act, 2000. A detailed enforcement framework will follow, ensuring these platforms are both innovative and accountable.

In a significant move to accelerate clean mobility, the Maharashtra government has approved the Electric Vehicle (EV) Policy 2025, introducing a Rs 113.73 billion package over the next five years to boost EV adoption, manufacturing, and infrastructure. The policy will remain in effect until March 31, 2030, replacing the earlier 2021 policy that expired in March 2025.The new policy provides direct purchase subsidies across all vehicle segments—two-, three-, and four-wheelers, electric buses, commercial vehicles, agricultural EVs, and transport fleets. Electric two-, three-, and non-transport four-wheelers as well as public transport buses will receive up to 10% subsidy on base price, while goods carriers and larger passenger vehicles will be eligible for up to 15 per cent. All EVs registered under the policy period will also enjoy exemptions from motor vehicle tax and registration charges, significantly reducing ownership costs.To support smoother EV operations, the policy mandates the installation of charging points every 25 km on state and national highways. The state will partner with oil companies to add charging infrastructure to existing and upcoming fuel stations, wherever technically feasible.Toll concessions are another major feature:- EVs will be exempt from tolls on key corridors such as the Mumbai–Pune Expressway, Mumbai–Nagpur Samruddhi Mahamarg, and the Shivdi–Nhava Sheva Atal Setu.- A 50 per cent toll discount will apply on other national and state highways maintained by the Public Works Department.- Fast-charging units will also be installed at State Transport bus depots and terminals to promote EV-based public transport.The policy outlines a broader environmental vision through the launch of a Clean Mobility Transition Model, aiming to cut 1 million tonnes of greenhouse gas emissions and reduce 32 tonnes of PM 2.5 pollutants by 2030. It also incentivizes local EV production, battery recycling, and skill development in the clean-tech sector.In parallel, the cabinet approved a new aggregator policy to regulate app-based transport services like Ola, Uber, and Rapido, in line with Supreme Court guidance. This policy introduces mandatory licensing, safety measures including real-time GPS tracking, background checks, driver-passenger insurance, and grievance redressal systems.To support women’s safety and preferences, the policy allows for women-only pooling options with the ability to choose female drivers and co-passengers. All aggregator platforms must also comply with cybersecurity norms under the IT Act, 2000. A detailed enforcement framework will follow, ensuring these platforms are both innovative and accountable.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->