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E-bikes with "NIL" investment? Andhra Government has a strategy.

The Government of Andhra Pradesh has proposed to give e-bikes to the Government employees on an EMI basis. The funding support could come from the Central Government agencies.

These e-vehicles would have a full charge range from 40 to 100 km and come with a three years annual maintenance. The EMIs would be paid in 24 to 60 months period. The AP governments’ investment in the scheme would be “Nil”.

This proposal is a part of the push being provided to make Andhra Pradesh a hub for e-vehicles manufacturing.

As per Mr.Srikant Nagulapalli, State energy secretary, NREDCAP (New and Renewable Energy Development Corporation) will be authorized for operating the EMI scheme for the e-vehicles that are provided to the Government employees. Co-operative Societies, Public Sector undertakings, and pensioners too would be eligible for this scheme.

“A special focus would be laid on village/ward secretariat staff and other low paid employees, who opt for this scheme voluntarily. A government order shall be issued soon in this regard,” said Srikant.

The state government will be coming out soon, with an action plan for e-mobility as it implements its vision of making AP the hub for e-vehicles. The EV policy, incentivizing the stakeholders for supply and demand has been released already.

500 to 1000 acres of land are being allocated for EV parks with necessary infrastructure including plug-and-play internal infrastructure and external infrastructure. The government would provide for 50% of financial assistance on fixed capital for the development of auto clusters and automotive suppliers manufacturing centers (ASMC) specific to EVs, to the developers.

The private charging stations and hydrogen generation and refueling infrastructure developers too would be eligible for financial assistance.

The state has created a separate sub-category for EVs and the electricity Srikant added that the state government has already created a separate sub-category for electric vehicles and the electricity tariff is fixed at Rs 6.70 per unit, without any demand charges to promote the use of Electric Vehicles.

“EESL has already established 80 charging stations in Andhra Pradesh and supplied 300 e-cars to various government departments. Now the state government has decided to set up 400 more charging stations in 73 locations across the state to promote the use of electric vehicles,” the energy secretary said.

Vice-chairman and MD, NREDCAP, S Ramana Reddy said that EVs fare better than internal combustion engine vehicles in areas of enhanced energy security, reduce reliance on crude oil, offer better air quality, and will lower greenhouse gas emissions.


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