Kumaraswamy Reviews Plans to Expand India’s EV Charging Grid

26 May 2025 CW Team

H.D. Kumaraswamy, Union Minister for Heavy Industries, chaired an inter-ministerial meeting with senior officials from the Ministry of Petroleum and Natural Gas, Ministry of Road Transport and Highways, and Ministry of Heavy Industries to review progress on electric vehicle (EV) charging infrastructure under the PM E-Drive scheme. The initiative aims to build a nationwide EV-ready ecosystem to promote cleaner transport and reduce India’s reliance on fossil fuels.

Launched in September last year, the PM E-Drive scheme focuses on accelerating electric vehicle adoption by providing upfront incentives and expanding the charging infrastructure rapidly. With a budget of Rs 109 billion over two years, it supports a wide range of EVs, including electric two-wheelers, three-wheelers, electric buses, and emerging vehicle categories. The scheme also plans the installation of around seventy-two thousand public EV charging stations nationwide.

Kumaraswamy emphasised the commitment to developing a robust, accessible, and future-ready EV ecosystem that ensures energy security, lowers the carbon footprint, and empowers citizens with green transport options. The government aims to establish the foundation for energy security and sustainable economic growth through this scheme.

Source:Express Drives Desk

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..