5,000 EVs for Govt Sector Launched
ECONOMY & POLICY

5,000 EVs for Govt Sector Launched

In a bid to promote green transportation, Union Minister Manohar Lal has launched CESL's "EV as a Service" programme, which aims to introduce 5,000 electric vehicles (EVs) into the government sector. This initiative is part of the Indian government's broader push to reduce carbon emissions and shift towards more sustainable mobility solutions.

The programme will provide a platform for government departments to transition their fleets to electric vehicles, fostering a cleaner, greener environment. Under the initiative, the government sector will have access to EVs along with the necessary charging infrastructure. The move is expected to drive further adoption of EV technology across various sectors, contributing significantly to India’s clean energy goals.

CESL (Convergence Energy Services Limited), a subsidiary of Energy Efficiency Services Limited (EESL), is at the forefront of this initiative, providing a comprehensive solution that includes both electric vehicles and charging stations. The project is expected to set a strong example for the private sector, encouraging the adoption of EVs in commercial and personal use as well.

The government has been actively promoting electric vehicles through various policies, incentives, and infrastructure development, aligning with its commitment to achieving net-zero emissions by 2070. The move is also in line with India’s ambitious targets to cut down greenhouse gas emissions and reduce reliance on fossil fuels.

In a bid to promote green transportation, Union Minister Manohar Lal has launched CESL's EV as a Service programme, which aims to introduce 5,000 electric vehicles (EVs) into the government sector. This initiative is part of the Indian government's broader push to reduce carbon emissions and shift towards more sustainable mobility solutions. The programme will provide a platform for government departments to transition their fleets to electric vehicles, fostering a cleaner, greener environment. Under the initiative, the government sector will have access to EVs along with the necessary charging infrastructure. The move is expected to drive further adoption of EV technology across various sectors, contributing significantly to India’s clean energy goals. CESL (Convergence Energy Services Limited), a subsidiary of Energy Efficiency Services Limited (EESL), is at the forefront of this initiative, providing a comprehensive solution that includes both electric vehicles and charging stations. The project is expected to set a strong example for the private sector, encouraging the adoption of EVs in commercial and personal use as well. The government has been actively promoting electric vehicles through various policies, incentives, and infrastructure development, aligning with its commitment to achieving net-zero emissions by 2070. The move is also in line with India’s ambitious targets to cut down greenhouse gas emissions and reduce reliance on fossil fuels.

Next Story
Equipment

BKT Unveils Immersive Tyre Installation at Mumbai Airport

Balkrishna Industries (BKT), a global off-highway tyre leader with a growing presence in India's on-highway tyre market, has unveiled a distinctive brand installation at Mumbai International Airport (MIAL)'s T2 elevated road underpass. The initiative, inspired by BKT Tyres' ‘Elevate Your Drive’ philosophy reflects the company's evolution into a broader mobility brand by highlighting its portfolio across agriculture, construction, mining, earthmoving, commercial vehicles, two-wheelers and passenger vehicles. The launch of the installation marks a significant moment as BKT expands its footpr..

Next Story
Real Estate

Grovy India raises Rs 150 million through preferential issue

BSE-listed Grovy India has raised Rs 150.1 million through a preferential issue of equity shares to support its expansion plans in the South Delhi real estate market.The company's board-approved preferential issue committee allotted 4.17 million equity shares of Rs 10 face value, raising Rs 150.1 million. Following the allotment, the company's paid-up equity share capital has increased to Rs 175.1 million, comprising 17.51 million equity shares.Grovy India said the participation of promoters and investors reflects confidence in its execution capabilities, growth strategy and position in South ..

Next Story
Infrastructure Energy

K2 Infragen secures BBB- rating for Rs 2 billion facilities

K2 Infragen has secured an ACUITE BBB- rating with a Stable outlook for its long-term bank facilities and an ACUITE A3 rating for its short-term facilities from Acuité Ratings & Research, covering total bank facilities of Rs 2 billion.The rating comprises Rs 1.27 billion of long-term borrowings and Rs 730 million of short-term working capital facilities.According to the rating agency, the investment-grade rating reflects K2 Infragen's business risk profile, revenue growth, execution capabilities and financial discipline. The assessment is also supported by the company's order book, which ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement