Telangana Electric Vehicles and Energy Storage Policy 2020-2030

Telangana Electric Vehicles and Energy Storage Policy 2020-2030 To reduce the overall cost of mobility by adopting electric vehicles in public transport, 2 and 3 wheeler, 4 wheeler, LCV, and shared transport

Incentives for Electric Two Wheelers

• 100% exemption of road tax & registration fee for the first 2,00,000 Electric 2 Wheelers purchased & registered within Telangana.

Incentives for Three-Seater Auto-Rickshaws

• 100% exemption of road tax & registration fee for first 20,000 Electric 3 Wheelers purchased & registered within Telangana
• Retro-fitment incentive at 15% of the retro-fitment cost capped at Rs. 15,000 per vehicle for the first 5,000 retrofits 3 seater auto-rickshaws in Telangana
• Financing Institutions shall be encouraged to provide a hire-purchase scheme at discounted interest rates.

Incentives for Electric 4-Wheeler commercial passenger Vehicles such as Taxi, Tourist Cabs, etc.

• 100% exemption of road tax & registration fee for the first 5,000 Electric 4-Wheeler commercial passenger Vehicles such as Taxi, Tourist Cabs, etc. purchased & registered within Telangana

Incentives for Light Goods Carriers – including Three Wheelers (goods)

• 100% exemption of road tax & registration fee for first 10,000 Electric three-wheelers (goods), e-carriers as well as electric Light Goods carriers purchased & registered within Telangana

Incentives for Private Cars

• 100% exemption of road tax & registration fee for the first 5,000 Electric 4-Wheeler private vehicles purchased & registered within Telangana

Incentives for Buses Under Telangana EV Policy

• 100% exemption of road tax & registration fee for the first 500 Electric buses purchased & registered within Telangana.
• State Transport Units shall also be encouraged to purchase Electric buses.

Incentives for Tractors Under Telangana EV Policy

• 100% exemption of road tax & registration fee shall be applicable for electric tractors purchased and registered in the state of Telangana as per the existing rules/guidelines applicable for tractors by Transport Department, Govt. of Telangana

Support for Automobile Manufacturing Industry Under Telangana EV Policy

• EV & ESS sectors shall be incentivized as per the subsidies and incentives available under the Electronics Policy 2016.
• Government shall extend tailor-made benefits to Mega and Strategic Projects on case to case basis. Investment of more than Rs.200 crores in plant and machinery or employing more than 1000 persons shall be categorized as a megaproject.

The highlights of the Electronics policy are as below:

1. Capital Investment Subsidy: 20% of investment capped at 30 Cr. for Mega Enterprises.
2. SGST Reimbursement: 100% net SGST reimbursement capped at 5 Cr. per year with a cumulative cap of 25 Cr. over a period of 7 years for Mega Enterprises.
3. Power Tariff Discount: 25% for 5 years capped at 5 Cr. for Mega Enterprises.
4. Electricity Duty Exemption: 100% for 5 years capped at 0.5 Cr.
5. Interest Subvention: 5.25% for 5 years capped at INR 5 Cr.
6. Transportation Subsidy: 60% with 10% reduction YoY – for 5 years; capped at INR 5 Cr.
7. Stamp Duty/ Transfer Duty/ Registration Fees Reimbursements: 100% on first, 50% on second transaction
8. Lease Rental Assistance, Assistance in Patent Filing, Reimbursement of Quality Certification costs, Cleaner Production cost reimbursement, Exhibition Cost Reimbursements, Skill Development Assistance.

Download Telangana EV Policy 2020 (PDF)