The Indian government is working on a plan that would allow access to electric cars with no down payment, so that the country’s vehicles will be 100% electric by 2030. “
India can become the first country to have a 100 car fleet % electric. We are currently trying to implement this self-funded program. We will not seek financial support from the government or people of India ,” Energy Minister Piyush Goyal said at an event organized by CII Young India .
The minister informed that a small task force, under the leadership of Minister for Road Transport and Highways Nitin Gadkari, has been set up in collaboration with Minister for Petroleum and Natural Gas Dharmendra Pradhan and Minister for Environment Prakash Javadekar on the board.
The group is scheduled to meet in early April to assess the feasibility of the project. They would like to quantify the savings that can be made on fossil fuels, which are much more expensive than electrical energy.
India will be the first country in the world to think so big, ” commented Piyush Goyal. He cited the example of LED lighting, where through a tender process the government was able to reduce the price of its supplies to 64.41 rupees ($1.25 CAD) in January this year. year, compared to the rate of 310 rupees ($6.00 CAD) in February 2014. The government launched the National Efficient Lighting Program last year under which it has already provided more than 8, 32 crore, or 83.2 million US dollars of LED bulbs, to families through energy distribution companies for a tranche of 10 rupees ($0.20 CAD) per month for each bulb.
After this LED bulb distribution scheme, the Ministry of Energy is now working on a similar program to sell energy-efficient IME fans and air conditioners at prices much lower than market rates. On energy tariffs, he said: “ We don’t need to increase tariffs in the country. We just need to work smart and use technology, and India will be able to provide an affordable powerhouse to the entire country. The self-financing model could make this possible . » On negative subsidy or premium payment in the recently concluded third round of gas auction for stalled power projects, Mr. Goyal said: “
We don’t need the Power System Development Fund (PSDF) now. We succeeded in our mission. They now do not need any support (subsidies). » On taking this plan further, he added: “ We will see after six months. During this period this will not be necessary. After six months, there will be another round (auction for gas under the PSDF fund ). » Through the Electricity System Development Fund, the government provides financial support for self-financing programs to purchase imported gas.
However, in Sunday’s auction, bidders were allowed to negatively estimate the gas subsidy or bonus for reserving the quantities of gas they needed. This saved the government Rs. 1,829 crore for supplying gas under PSDF to nine self-financing schemes for six months. The expenditure for supporting the PSDF has been pegged at Rs. 7,500 crore (Rs. 3,500 crore for 2015-16 and Rs. 4,000 crore for 2016-17).
Our country has the potential to transform itself and could join the other powers very quickly if we take advantage of economies of scale, demonstrate greater transparency and continue the work we have started .
We cannot become an economic superpower unless people at the bottom of the pyramid are given equal opportunities to study, to be qualified and have the opportunity to have a better quality of life.
In my opinion, the reduced access to electricity in several villages across the country is a serious concern for us as a nation. There are around 50 million homes without electricity.
In the state of Arunachal Pradesh, there are around 808 villages which do not have access to electricity. We are currently working on building a network in Sikkim and Arunachal regions, but it will take time. Therefore, we are looking for off-grid solutions in the meantime. »
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