MHI proposes Rs 10,000/kWh subsidy for e-trucks

04 Nov 2024 CW Team

The Ministry of Heavy Industries (MHI) has proposed a subsidy plan offering INR 10,000 per kWh for electric medium and heavy-duty trucks. This initiative seeks to encourage the adoption of electric vehicles (EVs) within the commercial transport sector, reducing emissions and supporting India’s clean energy transition. MHI has reached out to industry stakeholders for feedback, emphasizing collaborative efforts to shape the policy to meet industry needs effectively.

This subsidy program targets a significant cost reduction for companies interested in shifting to electric trucks, which are traditionally more expensive than diesel-powered options due to high battery costs. The proposed subsidy could lead to faster electrification within the commercial vehicle space, particularly for logistics and transport operations that rely on medium and heavy-duty trucks.

The scheme aligns with India’s decarbonization targets and the broader agenda to reduce urban air pollution through clean transportation alternatives. Industry experts view this move as a positive step toward achieving greater sustainability in transport infrastructure while potentially lowering the operational costs associated with electric trucking. If implemented, the subsidy could spark accelerated investments in EV technology, manufacturing, and related charging infrastructure, which are critical for supporting large-scale adoption of electric trucks across the country.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..