The policy envisions a dual role for the state role as an enabler in promoting private investment in charging stations, and also an investor on a public-private partnership model through state agencies such as the power utility Tangedco and private players
September 16, 2019. By News Bureau
Tamil Nadu has announced that it is offering total road tax exemption for electric two-wheelers, auto-rickshaws, cars and light-goods carriers used for commercial transport until end of December,2022, and numerous supply-side sops in an inclusive push towards transition towards electric vehicles in its new EV policy.
The policy envisions a dual role for the state role as an enabler in promoting private investment in charging stations, and also an investor on a public-private partnership model through state agencies such as the power utility Tangedco and private players.
State government offices in Chennai, Salem, Madurai, Trichy, Tirunelveli and other places will have charging stations. Private charging services providers are encouraged by the state to opt for renewable power sources like, say, solar power units, for their power requirements, for which supply will be provided on a "preferential basis" with no connection costs.
Electric vehicle manufacturers, components for the vehicles, batteries and producers for charging infrastructure who invest over Rs 50 crore and create at least 50 jobs stand eligible for total SGST (State GST) refund on their sales till end of calendar year 2030. In case where SGST refund is not applicable, the state is offering a 15% capital subsidy on investments made in Tamil Nadu till end of 2025.
The policy also foresees electricity tax, stamp duty exemptions and subsidies on land for factories - the subsidy is as high as 50% should the manufacturer go for a plant in the southern districts, said the policy.
Building and construction laws will be revised to integrate provisions for charging infrastructure in the construction of apartment complexes and gated communities. "At least 10% of Parking Space will be earmarked for EVs in commercial buildings such as hotels, shopping malls, cinema halls, apartments, etc. and charging stations will be set up in the earmarked space."
The state has set up a steering committee comprising top bureaucrats across departments to monitor the implementation of the policy, with the industries department as the chief node for implementation.
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