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Latest News | IESA Demands 10-year Tax Holiday on Standalone Battery Energy Storage Using Renewables

Get latest articles and stories on Latest News at LatestLY. Industry body India Energy Storage Alliance (IESA) has demanded a 10-year tax holiday for projects with standalone battery energy storage using renewable energy.
Latest News | IESA Demands 10-year Tax Holiday on Standalone Battery Energy Storage Using Renewables. ....

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EV sales in India: EV sales in India likely to grow at CAGR of 35%; annual volumes may cross 27 million by 2032, says report

The driving force behind this is a confluence of factors, including the availability of the FAME-II subsidy, which has proven to be a catalyst, with a substantial budget allocation of USD 1.2 billion assigned to subsidise various EV segments, it said. The central government s commitment to fostering an indigenous EV ecosystem is evident in the approval of a USD 3.5-billion Production-Linked Incentive (PLI) scheme for the manufacturing of automobiles and auto components, thereby nurturing the development of the EV supply chain in the country, as per the report. ....

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India's EV sales may cross 27 million by 2032 annually, CAGR likely to grow at 35%: Report

EV sale in India is projected to touch about 27.2 million units by 2032 and with a CAGR of 35 per cent from 2023-2032 under business-as-usual conditions, according to the report. ....

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EV sales in India likely to grow at CAGR of 35%; annual volumes may cross 27 mn by 2032: Report

The report, India Electric Vehicle Market Overview 2023 , by energy advisory, software and services firm, Customized Energy Solutions, also predicts a record-breaking sale of 1.7 million units in 2023. ....

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EV sales in India likely to grow

Electric Vehicle (EV) sales in India is expected to grow at a Compound Annual Growth Rate (CAGR) of 35 per cent with annual volumes likely to touch 27.2 million units by 2032, a report said on Friday.

The report, India Electric Vehicle Market Overview 2023 , by energy advisory, software and ....

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