Government to back the production of electric vehicles in India; NTPC to invest Rs 10,000cr
DSIJ Intelligence / 20 May 2017

The government is planning to change the skyline of the Indian automobile industry by encouraging the auto manufacturers to build more electric or hybrid vehicles. The Center aims for bulk tendering of EVs on the lines of the LED bulbs scheme, informed a leading news channel.
The government is planning to change the skyline of the Indian automobile industry by encouraging the auto manufacturers to build more electric or hybrid vehicles. The Centre aims for bulk tendering of EVs on the lines of the LED bulbs scheme, informed a leading news channel.
To boost the sale of the electric vehicles NTPC has decided to invest over Rs 10,000 crore for the setup of infrastructure for charging points and battery swap stations.
EV mission for e-rickshaws and electric 3-wheelers will start from October. Also in top cities, electric buses will be launched from December 2017. Many top bus manufacturers like M&M, Tata Motors, Ashok Leyland confirmed their contribution to the project for December launch.
A global tender will soon be floated by the government for buying up to 1,000 electric cars to be used in different government departments. This step will also promote the use of electric vehicles believe observers.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.